Who bought Freedom Group?
Cerberus Capital Management
Remington Outdoor Company
| Formerly | Freedom Group |
|---|---|
| Net income | US$ 18.9 million (2016) |
| Owner | Cerberus Capital Management |
| Number of employees | >3,000 |
| Website | www.remingtonoutdoorcompany.com |
What all does the Freedom Group own?
We design, manufacture and market our firearms primarily under the Remington, Marlin, Bushmaster, DPMS, H&R, L.C. Smith, Parker, Dakota Arms, Miller Arms, and Nesika brand names.
When did Freedom Group buy Remington?
2007
In 2007, the Freedom Group swooped in and bought Remington for $370 million, including $252 million in assumed debt. In one stroke, the Freedom Group gained one of the most famous names in American firearms, the largest domestic maker of shotguns and rifles and a major manufacturer of ammunition.
Who owns Marlin firearms?
Remington Arms
Sturm, Ruger & Co.Remington Outdoor Company, Inc.
Marlin Firearms/Parent organizations
What companies does Cerberus own?
Notable companies owned by Cerberus include Aozora Bank, BlueLinx, GMAC Financial Services, North American Bus Industries, Peguform Group, Spyglass Entertainment and Tower Automotive.
Who owns the ammo companies?
With a work force of nearly 1,500, Federal makes shotshell, centerfire, and rimfire ammunition and components….Federal Premium Ammunition.
| Formerly | Federal Cartridge Corporation |
|---|---|
| Key people | Jason Vanderbrink (President) |
| Products | Shotshell, centerfire, rimfire ammunition |
| Number of employees | 1,500 |
| Parent | Vista Outdoor |
Who bought Marlin firearms from Remington?
In 2007, Remington Arms, part of the Remington Outdoor Company, acquired Marlin Firearms. Remington produced Marlin-brand firearms at its Kentucky and New York manufacturing facilities. In 2020, Sturm, Ruger & Co. bought the company from bankrupt Remington Outdoor Company.
Did Cerberus sell the Freedom Group?
Cerberus moved its stake in Freedom Group, which by then had been rechristened Remington Outdoor Co., into a separate investment vehicle. Shareholders were paid $48.6 million as part of the move, according to company filings. Representatives for CalSTRS and the endowment declined to comment.
Does Cerberus own staples?
(NASDAQ:SPLS) and Cerberus Capital Management, L.P. (Cerberus) announced today that Staples and Cerberus have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate.