"With our deep expertise and resources, we can transform Remington's ammunition and accessories businesses to create a more efficient, profitable and sustainable operation. "We see a clear path to value creation," said Metz. The Remington brand is beloved by hunting and shooting sports enthusiasts everywhere and we look forward to restoring it to greatness by leveraging Vista Outdoors’s scale, manufacturing infrastructure, distribution channels and Centers of Excellence."Īccording to Metz, Vista Outdoors plans to continue Remington's ammunition business, preserve the brand, and help many people stay employed. "We are excited and honored to add the iconic Remington brand and green box to Vista Outdoors’s portfolio of ammunition brands, and Remington accessories to our portfolio of Hunting and Shooting Accessories. "Remington ammunition and accessories have a storied role in America's sporting heritage, with a legacy dating back to 1816," said Chris Metz, Vista Outdoor chief executive officer, in the news release. Like the Remington Firearms purchase referenced above, fans of Big Green can apparently rest easy about what the future of Remington's ammunition brands will be. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.” “They are all life-long hunting advocates and staunch Remington brand loyalists. “The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space,” he said. While many in the firearms and hunting industries might argue that such a lofty position has already been achieved by the company’s 200+ year history, Edwards left no doubt about Roundhill Group’s intentions going forward. “More than anything, we want to make Remington a household name that is spoken with pride.” “We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoorsmen and women both here in the USA and abroad.
“Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand,” he continued.
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