The leadership of Freedom Group has generally been considered a detriment to the quality and ingenuity of its constituent companies, from the bungled relocation of Marlin’s production lines (I’ve still yet to see them produce an acceptable quality lever gun since the change) to the firing of Kevin Brittingham from Advanced Armament. More than a few of us at TTAG have been looking forward to the day when these entities would once more be free from the oppressive yoke of Freedom Group control and allowed to flourish on their own. If the rumors I’m hearing are accurate, sometime this week a big step toward that end will take place . . .
Knowledgeable, trusted sources have indicated to me that Remington (well, more likely a group of Remington managers) is about to announce the purchase Freedom Group from Cerberus Capital Management. Like a slave buying himself from his masters, that would unshackle these captive corps from FG’s current oversight and put the cornucopia of companies in the hands of people who know how to run a firearms manufacturer. And that might be just the first step in spinning off at least some of the collection into once-again independent concerns.
Yes, this still must be classified as a rumor at this point, but it’s something that we’ve been looking forward to for a long time. Stay tuned, folks.