ATK buys Savage


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35 shares, 27 points

ATK, one of the major companies of the global shooting industry, is about to buy Savage in a deal worth more than $300 million.

By buying the Caliber Company, which owns Savage and Stevens, ATK will finally add longarms to its portfolio, a goal it has been moving towards for some time.

“Savage’s sales distribution channels, new product development, and sophistication in manufacturing will significantly increase our presence with a highly relevant product offering to distributors, retailers and consumers,” ATK president and CEO Mark DeYoung said.

The move should make little outward difference to Australian buyers, as the importer of Savage and Stevens firearms, NIOA, already deals with ATK.

“It will only strengthen our position, making us an even stronger ATK customer,” NIOA’s Damien Conlon said. “We like ATK – they’re a good company.”

ATK’s other products include ammunition brands Federal Premium, CCI, Fusion, Speer, Estate Cartridge, Blazer; and accessories brands such as Blackhawk, Alliant Power, RCBS, Champion, Gunslick Pro, Outers and Weaver.

Savage is among the older established firearm brands, having been set up in 1894 by Arthur Savage. It currently employs about 600 people in its Massachusetts, USA and Ontario, Canada plants.


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Mick Matheson

Mick grew up with guns and journalism, and has included both in his career. A life-long hunter, he has long-distant military experience and holds licence categories A, B and H. In the glory days of print media, he edited six national magazines in total, and has written about, photographed and filmed firearms and hunting for more than 15 years.

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