In a $130.5 million deal, Smith & Wesson Holdings is acquiring shooting accessory company Battenfeld Technologies according to a press release issued this morning. This move will give S&W a huge foot in the accessory market, an area that they have not strongly pursued in the past.
Missouri-based Battenfeld Technologies ownsÂ a number of popular brands including:
- Wheeler Engineering
- Frankford Arsenal
- Golden Rod
- Non-Typical Wildlife Accessories
These companies cover a wide range of firearms accessories including gunsmithing, reloading, cleaning, storage and more.
But, what does this mean for Smith & Wesson…