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September 30, 2020
Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.

"The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up," said Ruger President and CEO Chris Killoy. "The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings."

The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.

"The important thing for consumers, retailers and distributors to know at this point in time," continued Killoy, "is that the Marlin brand and its great products will live on. Long Live the Lever Gun."
 

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The problem Remington had was the Marlin equipment was quite old and Marlin had no blue prints or drawings. Remington then relocated the machinery to their facility and lost much of the institutional knowledge as workers did not relocate and Remington suffered many breakdowns that they had to reinvent the wheel with. It put them behind the eight ball. I suspect Ruger will redesign many of the processes and cut costs with their investment casting and not rush to start manufacturing the rifles. Should be interesting.
 

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As an owner of 3 Marlins, (and a few Rugers SA revolvers) one JM and two Remlins, all are very good rifles. I am very pleased to see Ruger taking ownership of Marlin, to me it seems like a great fit.
My Marlins and Rugers are my favorite shooters, I usually have one or two of each on my trips to the range.
My wish would be for Marlin to make the Mountie 39A again. I'll be first in line !
 

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Been thinking along those same lines, Terry, ever since I heard the news. Yeah, it will be very interesting to see how Ruger uses its investment casting technology with these traditional Marlin designs. May or may not be doable with, say, the Model 60 22 semi-auto, but I expect to see it on their traditional lever guns to some extent. I especially hope Ruger can bring back the Model 39 which gave Remington fits to get right.
 

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It certainly gets me thinking about something I have zero need for. Sort of like the Blackhawk 45C/45ACP I had to have several years ago and have 25 rounds thru it. It sits in the safe.
 
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