ABU DHABI: EDGE Group entity CARACAL signed a Memorandum of Understanding (MoU) today with Liwa Arms, a producer of industry leading hunting rifles, and Remington Firearms, a North American firearms’ producer, to explore various opportunities for collaboration.
Under the MoU, signed at the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX), CARACAL, Liwa Arms, and Remington Firearms will explore opportunities in product development, manufacturing capabilities, and market reach.
The MoU also facilitates the opportunity for Remington Firearms to produce and sell Liwa Arms’ Chayeh hunting rifle.
Source: Emirates News Agency