Thoughts on the Remington Bankruptcy Sale?

General discussion about Remington 870 shotgun.
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Scorpion8
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Thoughts on the Remington Bankruptcy Sale?

Post by Scorpion8 » Wed Sep 30, 2020 3:30 pm

https://nypost.com/2020/09/28/bankrupt- ... in-pieces/

Well I hope Vista Outdoors knows what it is doing and has the skill and ability to resurrect the brand. Selling Marlin off to Ruger will be awesome, and I hope Ruger can get production rolling again of quality firearms, perhaps a new Model 39A. Tapco will now be a Sportsman's Warehouse brand, which seems to fit.

Thoughts?
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Romulus
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Romulus » Wed Sep 30, 2020 7:21 pm

Lever guns and revolvers? A marriage made in heaven. Sounds like a plan to me...
Rom

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Scorpion8
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Scorpion8 » Wed Sep 30, 2020 8:46 pm

Romulus wrote:
Wed Sep 30, 2020 7:21 pm
Lever guns and revolvers? A marriage made in heaven. Sounds like a plan to me...
Rom
Agreed. I own several Marlin lever hunting rifles and my standard backup is a Ruger Blackhawk in one of many calibers. It is a match worth maintaining. A shame how far Bushmaster has fallen, from being the go-to AR maker for LE and US Army if you didn't source from Colt, to getting traded like a bastard stepchild, penniless and pursued.
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Scorpion8
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Scorpion8 » Wed Sep 30, 2020 10:04 pm

Remington accepted Ruger's offer to buy Marlin, in today's Ruger News e-mail.
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Romulus
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Romulus » Thu Oct 01, 2020 6:00 am

Excellentay

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Scorpion8
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Scorpion8 » Thu Oct 01, 2020 4:35 pm

Romulus wrote:
Thu Oct 01, 2020 6:00 am
Excellentay
Yea, I already sent them my wish list. A new 39A, a 336 in 32 Win Special, 218 Bee and other classic levergun rounds, and other wringing-my-hands goodies.
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Vitaly
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Vitaly » Thu Oct 01, 2020 7:16 pm

So Vista Outdoor gets the Remington brand and firearms? I hope they will take care about our favorite guns.
http://www.Rem870.com - Blog about the Remington 870 Shotgun

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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Scorpion8 » Thu Oct 01, 2020 8:37 pm

http://news.vistaoutdoor.com/2020-09-28 ... ies-Assets

Looks like Vista Outdoors only bought the "ammunition and accessories" parts of the business.

Roundhill Group LLC, an "investment group" bought the Remington factory in Ilion. We'll see if they're interested in making firearms, or "creating value by selling off the pieces".

https://www.syracuse.com/business/2020/ ... -york.html
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Vitaly » Fri Oct 02, 2020 5:38 pm

Scorpion8 wrote:
Thu Oct 01, 2020 8:37 pm
http://news.vistaoutdoor.com/2020-09-28 ... ies-Assets

Looks like Vista Outdoors only bought the "ammunition and accessories" parts of the business.

Roundhill Group LLC, an "investment group" bought the Remington factory in Ilion. We'll see if they're interested in making firearms, or "creating value by selling off the pieces".

https://www.syracuse.com/business/2020/ ... -york.html
Interesting. I was hoping that Remington brand will be bought by a gun company. But I hope that they will make better business decisions than Freedom Group and Cerberus Capital Management...
http://www.Rem870.com - Blog about the Remington 870 Shotgun

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Scorpion8
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Re: Thoughts on the Remington Bankruptcy Sale?

Post by Scorpion8 » Sat Oct 03, 2020 12:41 am

Vitaly wrote:
Fri Oct 02, 2020 5:38 pm
I was hoping that Remington brand will be bought by a gun company.
Ditto. I just hope that this Roundhill Group isn't one of those buy-it-for-pennies, and-sell-pieces-for-nickels disassembly investment groups. So many great companies no longer exist based on that style of "investing". I hope they're gun people because they do own a bunch of other gun brands.
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