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Gun Maker Dispute Erupts Between Beretta, Ruger

Wall Street Journal US Business •
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A bitter dispute has erupted between Beretta and Sturm Ruger, two of the world's oldest firearms manufacturers. Pietro Gussalli Beretta, head of the 500-year-old Italian gun dynasty, expressed frustration after being told Sturm Ruger Chairman John Cosentino Jr. was unavailable for a month-long vacation. The incident represents a deepening rift in the relationship between the companies.

The tension stems from a series of perceived snubs and missed connections over the past seven months. Beretta became Ruger's largest shareholder last May when it began accumulating stock, now owning nearly 10% of the American company. This significant stake has not translated to the cooperative relationship Beretta apparently anticipated with Ruger's leadership.

The corporate friction raises questions about the future of Beretta's investment in Sturm Ruger. With the Italian firearms giant now owning a substantial portion of its American counterpart but facing communication breakdowns, investors may need to reassess whether this strategic position remains viable absent improved cooperation between the two manufacturers.