Diemaco
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Diemaco was a Canadian defence company based in Kitchener, Ontario, that manufactured the C7 family of rifles under a licence from Colt.
History
The company was formed in 1974 under Devtek Corporation,<ref>https://www.all4shooters.com/en/shooting/rifles/colt-canada-diemaco-sa15-7-sa20-semi-automatic-rifles/</ref> effectively replacing the arms supply from government owned Canadian Arsenal Limited.
In 2000, it was acquired by Héroux-Devtek Inc.<ref name="ifc">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
On May 20, 2005, it was acquired by Colt Defense for $18.2 million.<ref>https://www.sec.gov/Archives/edgar/data/1328644/000095012305007051/y09554sv1.htm</ref> As a result, Héroux-Devtek revamped the Aerospace and Defense division to the Aerospace division.<ref>https://www.annualreports.com/HostedData/AnnualReportArchive/h/TSX_HRX_2006.pdf</ref>
References
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