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Smith & Wesson shows interest in acquiring Freedom Group


Krazy Kajun

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I saw this posting in the finance section on a website this morning. Seems Smith & Wesson and Sturm Ruger has expressed interest in acquiring the Freedom Group; makers of Remington and Bushmaster brands. This could be quite an event...wonder if it will be the end to Remlins?

 

Kajun

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Seems we have effectively already seen an "end" to production of Marlins. Here's hoping they get restarted, under any owner. But with current climate for both economics and lever guns, I would not be holding my breath.

 

It would sure seem to be better news to have an established gun maker like S&W or Ruger, both with good financials, in charge in Ilion rather than the nearly bankrupt Freedom Group. You would think investment groups would have learned by now (after a hundred years of sinking many good companies) that a firearms company is a very tricky thing to treat like a cash cow.

 

Good luck, GJ

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