Who Will Buy Savage Arms?

By Tom Knighton

Savage Arms is a well-known name in firearms. It’s been around for years, and now the brand is for sale. Owner Vista Outdoor announced its intention to sell the company earlier this year.

But the question is, who is going to buy?

“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 companies.

Duprey said no matter who buys Savage — even a smaller, privately-held company — selling off its firearm brand likely won’t serve Vista’s investors well. “I think it’s a foolish move,” he said. “I tend to be pro-gun, so anytime someone starts bailing out of the market, I just think it’s a foolish move on their part.”

He …Read the Rest

Source:: Bearing Arms