About New Lachaussee
New Lachaussee designs and builds production machines for primers, ammunition, detonators. On January 15th, 2021, Ceska Zbrojovka Group acquired a majority stake in New Lachaussee. The terms of the transaction were not disclosed.
Latest New Lachaussee News
Jul 12, 2023
A Belgian company that makes machinery for ammunition production was banned Tuesday (11 July) from exporting to Serbia after being suspected of flouting sanctions on supplying Russia. Authorities for the Wallonia region of Belgium told AFP that the export licence ban was imposed on the New Lachaussee firm, confirming information first reported by public broadcaster RTBF. The company was suspected of violating EU sanctions imposed in 2014, when Russia annexed Ukraine’s Crimea peninsula, by sending its machinery to Russia via an intermediary in Serbia. The head of the Wallonia administration, Elio Di Rupo, took the decision to suspend New Lachaussee’s current export licences “with immediate effect” because of “a possible risk” of sanctions violations, his office said. The RTBF report on the firm’s activities cited a former employee in the Germany office of the audit group KPMG which examined New Lachaussee’s activities after 2014. The former employee was quoted saying that the Belgian company had maintained its trade relations with Russia despite the EU sanctions on Moscow, notably by establishing two production lines in Serbia that made ammunition of the “identical calibre” needed for Russia’s military. Serbia, which has close relations with Russia, is neither in the European Union nor NATO. It has condemned Russia’s invasion at UN meetings, but refuses to comply with Western sanctions on Moscow. New Lachaussee, located in Herstal, on the outskirts of the city of Liege, is a private company in which the Walloon region holds a 20-percent stake. Belgian media report that it was bought in 2021 by a Czech firm and German one, through a Brazilian holding company called CBC Global Ammunition. Read more with EURACTIV
New Lachaussee Frequently Asked Questions (FAQ)
Where is New Lachaussee's headquarters?
New Lachaussee's headquarters is located at Rue de Milmort 670, Herstal.
What is New Lachaussee's latest funding round?
New Lachaussee's latest funding round is Corporate Majority.
Who are the investors of New Lachaussee?
Investors of New Lachaussee include Ceska zbrojovka Group.