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Beretta Holding has acquired a nearly 10% stake in Sturm, Ruger & Co. as part of a strategy to enhance its business in the U.S. The Italian firearms manufacturer aims to leverage the growing military spending in Europe while diversifying its offerings in hunting and sport. With a history dating back to 1526, Beretta seeks collaboration rather than a takeover, emphasizing the importance of the U.S. market, which saw over 13.5 million firearms produced or imported in 2023.