Adams Arms LLC Announces Asset Sale & Closure/Re-Opening

By Ammoland

Odessa, FL – -(AmmoLand.com)- On Tuesday, April 30th, 2019, Adams Arms LLC’s assets were publicly auctioned at its facility in Pasco County, Florida, following the maturity of its secured loans.

The company’s senior secured creditors were the high bidder and are in the process of transferring these assets into a new company, Adams Arms Holdings, LLC (“AA Holdings”). Adams Arms, LLC, after the successful transfer of assets, will be closed.

It was announced and advertised at the beginning of April that Adams Arms LLC’s assets would be auctioned as a turn-key operation, including all tangible and intangible assets. AA Holdings will continue the Adams Arms brand. AA Holdings will fulfill all customer orders and honor all Adams Arms life-time product warranties.

AA Holdings will operate with greater strength and leadership than ever before. The new company will leverage the patents, know-how, and commitment to the customer that has been the Adams Arms way since the inception of the brand in 2007. With a clean balance sheet, AA Holdings will be able to focus on providing new products, superb quality, and complete customer satisfaction.

The Adams Arms team is committed to building upon existing relationships and …Read the Rest

Source:: AmmoLand