Swiss firearm companies merge

Published: Nov. 10, 2010 at 1:27 PM

NYON, Switzerland, Nov. 10 (UPI) -- Switzerland's KRISS Arms Group has acquired pistol-maker Sphinx Systems Ltd. to consolidate and promote the Swiss small arms industry.

"We are pleased to be the initiators of the consolidation of the Swiss small arms industry through the prestigious Sphinx brand," said Christophe Guignard, director of marketing for KRISS Arms. "Preserving the Swiss know-how and state-of-the art technology are crucial aspects to position us as leading players on the international small arms market."

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Steve