I think that if you looks at their catalogues you will see sporting weapons sourcing, Britian, etc., then probably component sourcing either just prior to WWI or post WWI then they were sourcing raw components leading up to internal sourcing. With the Pieper connection, Krupp, etc. a gunmaker just could not compete with the effort and price in Liege. Would really like to see some of the Italian maker's ledgers during the time in question.

Kind Regards,

Raimey
rse