With products made in America, Ruger offers consumers almost 800 variations of more than 40 product lines. Through a bankruptcy proceeding, Remington's product lines and other assets are being acquired by a variety of companies, including Ruger, Vista Outdoor, Sierra, and other large shooting/outdoor industry enterprises. Post was not sent - check your email addresses! Can be bought at low prices; CONS. They carry in wild lands on the hunt. As we told you earlier this year, Remington is currently in the middle of selling off its assets, due to its second bankruptcy in two years. Sorry, your blog cannot share posts by email. For more than 70 years, Ruger has been a model of corporate and community responsibility. The gunmaker's assets are being auctioned off this week and on Monday, Vista Outdoor (NYSE:VSTO) won the bid for Remington's ammunition business, paying over $81 million. 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In September 2020, the company bought the Marlin Firearms company from bankrupt Remington … Their value has gone up quite a … Everyone knows who Ruger is. Long live the lever-gun, indeed. Latest Comparison: REMINGTON V3 VS BERETTA A300. Now its confirmed, Remington Outdoor Company accepted an offer from Ruger to pay $30 million to purchase Marlin. Original shipping box included. When the Supreme Court refused to stop the lawsuit from proceeding, there was little choice left but for Remington to seek protection from the bankruptcy courts. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama.The Company will pay the $30 million purchase price from cash on hand … Vista Outdoors buys Remington Ammo Ruger buys Marlin is already excellent news, but the good news keeps coming. 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That may be telling in that Ruger intends to pick up where Remington left off. But we know, or at least surmise, that Ruger bought Marlin in the affair for the lever guns, not for the .22s and other associated stuff. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Reach Rich here. Buckman18 Senior Member. The bones of bankrupt Remington Arms continue to be picked clean as Sturm, Ruger (NYSE:RGR) announced it was acquiring the gunmaker's Marlin Arms for $30 million. Remington Outdoor Co., the 200-year-old gun maker that filed for bankruptcy again in July, has been auctioned off in court. Ruger, much as I like their products, hasn't lived up to my expectations in that regard lately and I don't think I'm alone. Metal has been re-blued with soft matt finish and magnaported by Magnaport Inc. Stocked by Dennis Olson of Plains, Mt. Vista Outdoors, the leading domestic producer of ammunition, and owner of Federal, CCI, Blazer, and Speer, will acquire the Remington ammunition business, and license the Remington brand name from Roundhill Capital. Ruger's subsidiaries are Ruger Precision Metals LLC in Earth City, Missouri, Pine Tree Castings in Newport, New Hampshire, and Ruger Sportswear & Accessories in Mayodan, North Carolina. They have a greater effective distance than Rim Fire rifles do, mainly because they are larger calibres. Posted September 27, 2020 If I'm reading this article correctly, and I would like to think I am, Ruger just bought Marlin as a part of the Remington bankruptcy! With products made in America, Ruger offers consumers almost 800 variations of more than 40 product lines. Like Springfield Armory, a few of my recent Ruger purchases have had to go back to the factory due to non-function. Sturm, Ruger & Company, Inc. announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. Think an article needs a correction? No matter what model you prefer, we remain unwavering on our dedication to producing firearms which embody the highest standards in quality and are instilled with the spirit of a legendary brand - Remington. If anyone can make Marlin what it once was, Ruger might just be the company to pull it off. Can't wait to see what Ruger does with this line, and what it might mean for cowboy shooters! The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings.". So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. “The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up,” said Ruger President and CEO Chris Killoy. Once the purchase is … Remington was forced into bankruptcy despite a booming firearms market because it had been saddled with substantial amounts of debt by its private equity owners and faced lawsuits from the families of victims of the 2012 Sandy Hook school shooting. In all, seven groups swooped in to pluck brands from the ashes that was the Remington bankruptcy sale. Oct 8, 2020. Zac Kurylyk. Contact Rich here. Sturm, Ruger confirmed Wednesday afternoon that they will acquire the historic Marlin Firearms brand from Remington and add it to their line up.. Ruger was the … Likes: GeorgiaGlockMan. Paid $1000.00 for blank. The bones of bankrupt Remington Arms continue to be picked clean as Sturm, Ruger (NYSE:RGR) announced it was acquiring the gunmaker's Marlin Arms for $30 million. Have a story idea? They pack in the truck for defense. October 2, 2020 Ruger Acquires Marlin Firearms From Remington Bankruptcy Sale Ruger has acquired Marlin Firearms for a reported $30 million, and now stands poised to resurrect the American classic and first name in lever-guns. Longtime lever gun manufacturer Marlin is about to change ownership again. Ruger will relocate Marlin Firearms assets to existing Ruger manufacturing facilities upon transfer. A road rage incident between two drivers in Florida led one to pull a... by Personal Defense World / Market data powered by FactSet and Web Financial Group. Cumulative Growth of a $10,000 Investment in Stock Advisor, Sturm, Ruger to Acquire Remington's Marlin Firearms for $30 Million @themotleyfool #stocks $RGR $VSTO, Why Sturm, Ruger Stock Jumped 36.7% in 2020, If You Put $1,000 Into Sturm, Ruger Stock Last January, Here's How Much You'd Have Now, 4 Things to Expect from Sturm, Ruger & Company in 2021, Ruger Completes Marlin Firearms Acquisition, Copyright, Trademark and Patent Information. Remington, America's oldest continuously-operated gunmaker, has collapsed due to debts and litigation. 1 of 3 The headquarters of firearms maker Sturm Ruger, on Lacey Place in Fairfield, Conn. Photo: Alexander Soule / Hearst Connecticut Media FAIRFIELD - Southport-based gun maker Sturm Ruger is making a bid on Remington’s $65 million ammunitions business, according to documents in federal bankruptcy court. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Shop By. As a consequence of Remington’s July 2020 bankruptcy, the Marlin business was sold to Ruger for $30 million. NH Rugerman Post subject: Sturm, Ruger winning bidder.. Posted: Sun Sep 27, 2020 9:51 pm . Remington firearms, ammunition, other Remington outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. There’s been little news about Marlin’s revival since Ruger bought it for $30 million. Original owner's name engraved on barrel with small, shallow engraving. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Remington has accepted the offer and the bankruptcy approved the sale. Although Congress enacted the Protection of Lawful Commerce in Arms Act to protect gunmakers from lawsuits for crimes committed by others, it carved out several exceptions, including knowingly violating federal or state laws on marketing of guns. “The important thing for consumers, retailers and distributors to know at this point in time,” continued Killoy, “is that the Marlin brand and its great products will live on. I may not be able to respond to every suggestion, but I do read them all! Ruger has acquired Marlin Firearms for a reported $30 million, and now stands poised to resurrect the American classic and first name in lever-guns. Description: Custom stocked Ruger #1-B with exhibition grade walnut. Ruger American. Remington Asset Bids Revealed: Ruger Gets Marlin, Vista Gets Remington Ammo, Franklin Armory Gets Bushmaster, Sierra Gets Barnes _____ In the dimness of the shadows Where we hairy heathens warred, I can taste in thought the lifeblood; We used teeth before the sword. Time until next dispatch: 0 0 hrs 0 0 mins 0 0 secs. Seven bidders will each purchase a portion of … Centre Fire rifles require a Firearms Certificate to purchase and own. Sturm, Ruger, & Co Bought Marlin. The Sandy Hook families are suing Remington under a Connecticut state law that prohibits marketing products that encourage violent or criminal acts and the families contend Remington's ads for the Bushmaster rifle used in the shooting used "militaristic marketing" themes. This is a sad story. But arguably no pairing looks as good at the jump as does the Ruger acquisition of Marlin Firearms. Another icon in the gun industry and one that continues to make waves are the American Ruger rifles. Some rifles series are outdated and do not have modern features; Trigger issues in the past; Check Price On Basspro . Ruger Safety; Tell the CEO; Careers; Customer Service; Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. Ruger acquired all of Marlin's rights in Remington's bankruptcy divestment, and now MR-prefix rifles are very limited editions. ozarkhillbilly, Dec 11, 2020 #3 Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. For more information, visit ruger.com/marlin. Scope removed and price reduced to $2,995. Ruger only purchased Marlin and not Remington. Ruger will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in … Once the transaction is completed, Ruger will transfer the Marlin assets to its own manufacturing facilities. Rich has been a Fool since 1998 and writing for the site since 2004. Ruger president and CEO Chris Killoy said in a statement, "The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up. The purchase is being funded with cash on hand and the sale is expected to be completed in October. The transfer should take place sometime soon in October. Sturm, Ruger & Company, Inc. (Ruger) announced on 10/2/2020 that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. Returns as of 02/10/2021. A pair of Ruger Wranglers. Ever since Henry added the side gate to their guns, there's hardly a reason to choose a marlin over them unless you lrefer the bulkier foregrip. Meet the 5 Best Rifles for Hunters (Ruger and Remington Made the Cut) by Kyle Mizokami The BAR sporting rifle is an adaption of the wartime rifle, modified to run semi-automatic only. Sturm, Ruger and Co. has bought the company from Remington for $30 million. Oct 8, 2020 #3. ringorock said: I'll stick to my Henry lever guns. Thread starter #3. The 10/22, the Ruger Precision Rifle, and recently the Wangler are all amazing products brought to us by Ruger. Both brands eschew guns built tough. Marlin and Ruger share a similar kind of place in Americana. If you require more information please call us on 01392 354 854. Ruger Precision Bolt Action Rifle -The Ruger Precision Rifle incorporates an in-line recoil path directly from the rear of the receiver to the buttstock, eliminating the need for traditional bedding or a "chassis" system, and provides maximum accuracy potential by simplifying the rifle's response to recoil. I have read the Terms of Use, Privacy Policy, and Cookie Policy, and I hereby agree to those terms. Remington Gets Massive Lifeline After Roundhill Group Acquisition. Long Live the Lever Gun.”. Stock Advisor launched in February of 2002. I'd still buy a Ruger but not if Marlin is nearly the same price as a Henry if not more. The Marlin name slipped a bit after the acquisition by Remington. From a shooter’s perspective, this deal just makes so much sense. The idea of them owning Marlin should be awesome news for all of us. Remington screwed the pooch with Marlin on quality, especially fit and finish. Top . Rifle is un-fired. For more than 70 years, Ruger has been a model of corporate and community responsibility. A United States Bankruptcy Court for the Northern District of Alabama approved the deal. Ruger has bought Marlin from Remington. Lately, there’s been little talk of the company’s future. At first, Ruger actually considered producing some Marlin rifles in its North Carolina plant, and others in New Hampshire. Let’s hope so, as Marlin remains an American classic. Buckeye: … October 7, 2020. “The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings.”. I would expect Marlin just to produce the best sellers for the first couple of years then as time goes by to add in new models and expanded calibers. Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. Another publicly-traded company, firearms giant Ruger, is the high bidder for Marlin Firearms, which Remington had purchased along with the … When collecting your gun please provide a valid form of identification and your firearms certificate. The transaction exclusively names Marlin Firearms assets. : 0 0 secs with small, shallow engraving through acquisitions that appear to make them understandable! Of place in Americana off in court, other Remington Outdoor Co. the... 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Marlin what it might mean for cowboy shooters Posted: Sun Sep 27, 2020 9:51 pm to. Ruger acquisition of Marlin Firearms the factory due to non-function with ours and the Marlin company! Lease on life through acquisitions that appear to make sense … Remington screwed the with! Buys Marlin is about to change ownership again should take place sometime soon in October mins 0 secs! A United States bankruptcy court for the site since 2004 us on 01392 354 854 sent - Check email!