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Savage Firearms

Discussion in 'Rifle Country' started by Red Cent, Feb 4, 2012.

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  1. Red Cent

    Red Cent Member

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    Heard a rumor that Savage sold to a private investment group. Anybody hear anything?
     
  2. 243winxb

    243winxb Member

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  3. Freedom_fighter_in_IL

    Freedom_fighter_in_IL Member

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    No, they didn't sell. Northwest Equity Partners just invested into Savage Sports Corp. The main objective, from what I gather, was to enhance Savages' growth ability. It's little known that Savage Sports Corp. also owns BowTech Archery! Investment Corporations such as this are commonplace in big business. They help the growth potential of businesses.
     
  4. jpwilly

    jpwilly Member

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  5. OhioChief

    OhioChief Member

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    I think Savage was looking for cash to expand their line into other areas. I have the feeling they will have some new offerings in the next 2 years.
     
  6. godale

    godale Member

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    well put ohiochief i think there is alot of truth to that
     
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