Who will buy Savage Arms? Big gun makers staying quiet, for now
By Christen Smith
The back of the Savage Arms display at the Vista Outdoor booth during the annual NRA-AM in Dallas on May 4, 2018. (Photo: Daniel Terrill/Guns.com)
It’s still anybody’s guess who will buy Savage Arms — the affordable rifle maker within Vista Outdoor’s shrinking portfolio of brands — as executives continue teasing investors with mentions of interested parties.
The outdoor conglomerate said earlier this month its moving ahead on a plan to divest Savage and use the proceeds to push innovations in ammunition — the “core” of its business — but offered little else in the way of which other big-name gun makers might secure a deal.
“Smith & Wesson would be a good fit for them because, you know, they don’t have much in the way of long arms,” Rich Duprey, a market analyst and writer for Motley Fool, told Guns.com Thursday. “Of course, Ruger also should be considered. They’re looking to make acquisitions and they have a rifle division already, so they’d be well positioned to take on Savage.”
American Outdoor Brands, Smith & Wesson’s parent company, didn’t respond to requests for comment from Guns.com about its interest in Savage. Spokespersons for both Ruger and Vista likewise declined interviews, citing regulations for publicly-traded
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