When was remington bought out

Information on this company is scant. It was famously or infamously purchased by Cerberus Capital Management in and renamed Freedom Group.

It was an ownership widely panned by the gun community but one that was instrumental in the subsequent acquisition of various companies over the years. It became Remington Outdoor Company in Now it has one. Marlin struggled in the early days following the acquisition by Remington in There has been no official announcement regarding the relocation, and Ruger has a number of choices here: Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. Clarus is an outdoor lifestyle company with brands that include Black Diamond, which concentrates on climbing, skiing, backpacking and similar activities; Pieps, an Austrian-founded company known for rescue beacon technology; and skin-care brand Skinnourishment.

We believe these ingredients give us a heightened advantage to develop world-class products, increase brand awareness, expand product categories and improve distribution while staying true to the core user. There have been no announcements regarding any changes to manufacturing locations.

It was this lawsuit that allegedly led to the proposed sale of Remington to the Navajo Nation earlier this year—the premise, some said, being that because Navajo is a sovereign nation it cannot be sued. The deal fell through. Franklin Armory, based in Nevada, is a maker of ARs and is well-known for building state-compliant guns for places like California as well as its binary trigger systems.

Interestingly, JJE was the stalking-horse bidder for Remington intellectual property along with the Lonoke and Barnes ammunition operations. Like Bushmaster, DPMS was effectively shuttered by Remington as the company moved to focus on other aspects of its business. AAC or Advanced Armament Corporation is one of the leading makers of suppressors, which is a booming business these days. In an interview with Utica, N. In Apr. It was after the Dec. The shooter, who claimed 27 lives, used a Bushmaster AR semi-automatic rifle—part of the Remington brand.

However, Cerberus held onto the firearms company until when it filed for Chapter 11 bankruptcy. This time, the Remington Outdoor Company and all its assets were sold off. The biggest buy revealed so far is Vista Outdoor Inc. Sierra Bullets Inc. Nevada's Franklin Armory Inc. A spokesperson for Franklin Armory wasn't immediately available Sunday to comment.

This article originally appeared on The Wall Street Journal.