The 27 November 2011 NY Times lead article in their Business section focused on the Freedom Group, a private company owned by Cerberus Capital Management, a private investment company whose chief is Stephen Feinberg with headquarters in Midtown Manhatten. I was surprised to find out that the Freedom Group owns a pretty fare portion of the US gun and ammo business. The article indicates they began by buying Bushmaster, then Remington, Marlin Firearms, Dakota Arms, DPMS, L. C. Smith, Harrington & Richardson in the gun business, S&K in the gun stocks, Advanced Armament Corp who makes silencers and Barns Bullets. Of course they own the Remington ammo business.
Apparently about a third of the ammo on the shelf in the typical Cabela’s sporting goods store is by Freedom Group.
The article also said that Winchester Reperting Arms and Browning are both part of the Herstal Group of Belgium, something else I didn’t know.
The focus of the article was on guns, but it made me wonder if the Freedom Group owns any other ammo companies (or is Cabel’s ammo shelf stocked with about 1/3 Remington ammo).
A second question is who owns the other US ammo companies?
I assume Winchester and Western are still owned by Olin and independent of Winchester Repeating Arms and the Herstal Group.
I know the old Precision Ammunition in Florida is now owned by RUAG and is now AmmoTec USA.
Both Speer and Federal are wholly-owned subsidiaries of Minneapolis, Minnesota-based ATK Security and Sporting which has it’s Hq at1300 Wilson Boulevard Arlington, VA 22209. ATK also operates Lake City Arsenal and the Radford Army Ammunition Plant in Radford, Virginia for the DOD under their ATK Armament Systems which includes Federal Premium, CCI, Speer, RCBS, Alliant Powder, Champion, Weaver, Eagle Industries, and Blackhawk! Industries.
Does anyone know of any ammo or ammo related companies owned by the Freedom Group?
Who are the other big companies that own multiple ammo companies in the US?
Apparently NAMMO based in Finland owns all the Swedish, Finnish and Norwegian ammunition companies (except Norma) as well as SK Schönebeck in Germany that is now part of Lapua.
CBC in Brazil owns both MEN in Germany and S&B in the Czech Republic and MagTech which is, I believe, their US arm, but does not actually make ammo.
And of course RUAG Ammotec AG, Thun Switzerland owns DAG in Germany,
MFS in Hungary, Norma in Sweden; Hirtenberger, Austria (only the name-ammo plant closed) and both Munitionsfabrik Altdorf and Thun in Switzerland as well as Ammotec USA as mentioned above.
Sure is getting tough to figure out who the players are.
Any additions or other info welcome!