Smith & Wesson Buys Battenfeld, Maker of Caldwell, Other Brands
In a $130.5 million cash deal, Smith & Wesson has purchased Columbia, Missouri-based Battenfeld Technologies. You probably know Battenfeld by some of their more familiar brands of shooting, gunsmithing and hunting accessories such as Caldwell, Wheeler Engineering and Tipton, among others. While Smith’s sales have stagnated recently, as nasdaq.com notes, “Smith & Wesson will gain immense traction from this acquisition. Battenfeld will not only provide the company opportunities to enhance its accessories portfolio . . .
but also enable it to expand aggressively into the hunting vertical. It will thus provide the …read more
Via:: Truth About Guns
Leave a Reply