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July 26th, 2016, 09:40 PM #1
Smith & Wesson buys Crimson Trace corp. For 95 million today.
Sales in S&W must be good to have that kind of cash? Saw story few hours ago.
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July 26th, 2016, 10:01 PM #2
Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
That's probably a drop in the bucket for S&W.
Join the GOA & save $5.00. https://www.gunowners.org/mac-subs-join-goa.htm
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July 27th, 2016, 07:25 AM #3
Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
There goes crimson trace.
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July 27th, 2016, 08:28 AM #4Member
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Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
Smith and Wesson seems to be on a spending spree.
Last week, they announced their Accessories Division, Battenfeld Technologies, was acquiring Taylor brands, which, has been producing S&W branded knife products, as well as, Schrade, Uncle Henry, Old Timer, and Imperial Knives.
S&W acquired Battenfeld Technologies from Midway USA, less than, twenty months ago.
From the S&W - Taylor Brands press release:The company's firearms division brands include Smith & Wesson®, M&P®, and Thompson/Center Arms™. As a leading provider of shooting, hunting, and outdoor accessories, including reloading, gunsmithing, gun cleaning supplies, tree saws, and vault accessories, the company's accessories division produces innovative, high-quality products under several brands, including Caldwell® Shooting Supplies, Wheeler® Engineering, Tipton® Gun Cleaning Supplies, Frankford Arsenal® Reloading Tools, Lockdown® Vault Accessories, Hooyman® Premium Tree Saws, BOG POD®, and Golden Rod® Moisture Control
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July 27th, 2016, 08:44 AM #5Super Member
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Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
S&W benefits by smoothing its dependence on cyclical revenue from firearms, and improving profit margins by acquiring a supplier (CT) whose products are already offered as an option on many S&W firearms.
This makes a lot of sense on paper. But when acquisitions stumble, it is most often due to poor execution and integration.
I hope it succeeds. Mainly because I hate to see an iconic firearm brand succumb to poor management. Marlin, Remington, Colt, etc.
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July 27th, 2016, 09:48 AM #6
Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
They are diversifying their holdings a little. In the boom/bust cycle of firearm purchases lately, they probably want to get into markets/products that have a little more supply/demand stability.
Just watch they'll probably do Dick's in reverse.
My prediction, they'll next get into various sporting goods: tents, camping supplies, then soccer balls. They'll then spin it off as a new brand so mom's don't have to buy balls with the S&W logo on them.
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July 27th, 2016, 11:22 AM #7Member
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Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
What S&W really needs to do, is get the h*ll out of the communist state of Mass. They should grow a pair and head to the southern states where freedom is still possible.
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July 27th, 2016, 11:28 AM #8
Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
There are a lot of moms who WOULD buy their kids a S&W sports ball, I live with one.
I'd buy a S&W football for sure.
They already make pepper spray, shooting glasses, knives and other camping supplies with their S&W name on them...almost bought a S&W knife this week but passed.
http://www.smith-wesson.com/webapp/w...3_757837_image
What we may see from this acquisition of CT is better development of CT lasers to make them built into the frame of a S&W gun instead of an add-on, or perhaps "Buy the S&W gun, get the laser free/discounted" promotions. They could make Smiths with lasers a better deal than a competitor's pistol with a laser.
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July 27th, 2016, 12:51 PM #9
Re: Smith & Wesson buys Crimson Trace corp. For 95 million today.
Perhaps S&W could develop some bulletproof basketballs for the urban youth of America.
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