Smith & Wesson Acquires Savage Arms for $160 Million
Smith & Wesson Brands acquired Savage Arms from private investment firm JDH Capital in a transaction valued at $160 million.
Smith & Wesson Brands acquired firearms maker Savage Arms from private investment firm JDH Capital in a deal valued at $160 million. Savage Arms has manufactured firearms since 1894 and is among the world’s largest producers of hunting, competition and target-shooting firearms.