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Thread: Remington Asset Bids Revealed: Ruger Gets Marlin, Vista Gets Remington Ammo, Franklin

  1. #1
    Boolit Grand Master



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    Remington Asset Bids Revealed: Ruger Gets Marlin, Vista Gets Remington Ammo, Franklin

    https://www.thetruthaboutguns.com/re..._15ng#comments

    Remington Asset Bids Revealed: Ruger Gets Marlin, Vista Gets Remington Ammo, Franklin Armory Gets Bushmaster, Sierra Gets Barnes

    The bidding process for the sale of most of the assets of Remington Outdoor, Inc. is now complete. The debtors — Remington — have selected the successful bidders for each asset or asset bundle, along with backup bidders, and you can read the complete court filing here which details all of the assets purchased.

    The bankruptcy court still needs to approve the successful bids, but they are as follows:

    • Vista Outdoor, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit A with respect to the Lonoke Ammunitions Business and certain IP assets; and SIG Sauer, Inc. as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit B with respect to the Lonoke Ammunitions Business;

    • Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with respect to certain Firearms Business IP assets and Exhibit E with respect to certain non-Marlin Firearms Business inventory, respectively;

    • Sierra Bullets, L.L.C. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit F with respect to the Barnes Ammunitions Business; and Barnes Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit G with respect to the Barnes Ammunitions Business;

    • Sturm, Ruger & Company, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit H with respect to the Marlin Firearms Business; and Long Range Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit I with respect to the Marlin Firearms Business;

    • JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brands;

    • Franklin Armory Holdings, Inc., or its designated assignee, as the Successful Bidder with respect to the Bushmaster brand and certain related assets; and

    • Sportsman’s Warehouse, Inc. as the Successful Bidder with respect to the Tapco brand.

    The hearing to approve the winning bids will take place on Tuesday, September 29. Watch this space.
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  2. #2
    Boolit Master


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    Ops i cross posted the news.
    One round at a time.
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  3. #3
    Marlin should be a good fit for Ruger

  4. #4
    Boolit Buddy MrHarmless's Avatar
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    Quote Originally Posted by Electrod47 View Post
    Marlin should be a good fit for Ruger
    This actually got me hyped! I think Ruger will do very well by Marlin.
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  5. #5
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    I also have positive feelings that Ruger may be acquiring Marlin.
    ~~~~~~~~~~~~~~
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  6. #6
    Boolit Master StuBach's Avatar
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    Sad to see this happening but hopefully the new owners will bring back quality to the respective brands.

  7. #7
    Boolit Master
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    Sierra purchasing Barnes is as good a fit as Ruger - Marlin. Both give me great hope for these.
    If it was easy, anybody could do it.

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