Remington bidders revealed

[32-40win]

Sierra wants Barnes
Rem ammo to Vista and Sig Sauer
Franklin Armory wants Bushmaster
Ruger wants Marlin.

https://www.thetruthaboutguns.com/re...cZqCXELLN3oS-U

[3blade]

Well hopefully Sierra doesn’t mess with a good thing. The rest of it, time will tell.

[Jerry D]

Sierra and barnes seems like a good match.

Sierra has no bonded or controlled expansion bullets.

Without a succession plan, it can be hard to transfer a business. Especially when its worth more than kids can afford.

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[colroggal]

Lefty Marlins?

A Ruger Gunsite Scout in .450 Marlin?

Pipe dreams and such, but I'm sure Marlin can only profit from being in the hands of a company with a genuine interest in making quality products - not that the newest Marlins have been bad.

Colin

[32-40win]

Quite the story on how Remington got to the point of the bankruptcy, plenty of financial shenanigans here;

https://www.nytimes.com/interactive/...B_Su0cGwu8AsXU

[Grizzly Adams]

Originally Posted by 32-40win

Quite the story on how Remington got to the point of the bankruptcy, plenty of financial shenanigans here;

https://www.nytimes.com/interactive/...B_Su0cGwu8AsXU

Remington being just one example of how financial manipulation has destroyed our economies. something has to change, but not likely.

Griz

[kujoseto]

Seems like a good pick up for Sierra. Hopefully they expand the Barnes originals offered.

[fordtruckin]

Looks like this is where everything went...

Now Remington's guns and ammunition businesses has been sold off to various bidders:

Ruger got the Marlin firearms business.
Vista Outdoor paid $81 million for the Remington brand ammunition business.
Sportsman's Warehouse purchased the Tapco parts and accessories business.
Sierra Bullets bought the Barnes ammo business for $30 million.
JJE Capital Holdings, which placed a $65 million stalking horse bid for Remington to kick off the auction process, acquired various firearms and accessories manufacturers.
Investment company Roundhill Group acquired the historic Remington brand of guns, for $13 million.
Franklin Armory bought the Bushmaster brand.

https://www.fool.com/investing/2020/...r-wanted-from/