Savage Arms sold

by Jeff Helsdon | October 1, 2019

Savage Arms has a new owner.

The company founded by Arthur Savage in 1894 in Utica, New York, was acquired by ATK in 2013, which became part of Vista Outdoor in 2015. That company said last year it was looking at divesting Savage Firearms.

On July 8, it announced a buyer had been found.

Savage is famous for its Model 99 lever action and its bolt-action rifles and innovations such as its AccuTrigger.

Savage Arms’ plant in Lakefield, just north of Peterborough, celebrated its 50th anniversary in January. Founded as Lakefield Arms, the facility was purchased by Savage Arms in 1995.

Divestment part of plan

“Divesting our Savage brand was a key aspect of our transformation plan,” said Chris Metz, chief executive officer of Vista Outdoor.”

Savage Arms along with Stevens Firearms was sold for $170 million U.S. to an investor group, though its name was not disclosed.

“The Savage acquisition helped create Vista Outdoor, and we’re grateful for all the success the brand brought to our company over the past six years,” said Metz. “However, this divestiture now gives our ammunition brands flexibility to work with any industry partner to create the best products and meet our consumers’ needs.”

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  1. serge belisle wrote: Je recherche un fusil qui combine le 22 magnum et le 410.
    • Meghan Sutherland wrote: Serge, Il n'y a que deux fusils combinés .22WMR/.410 actuellement disponibles au Canada, le Savage Model 42 (640 $) et le Chiappa Double Badger (500 $). Toutes les deux sont chères pour leurs performances. Si vous êtes prêt à acheter un fusil usagé, le Savage Model 24 est une bonne option et les pièces de rechange sont toujours disponibles. Le Baikal IZH-94 est également un bon fusil combiné, mais il n'a rien d'extraordinaire. J'en ai utilisé un avec beaucoup de succès au cours des quinze dernières années et il ne m'a jamais laissé tomber. Les fusils combinés sont parfaits si vous avez besoin du .22WMR et du .410 pour chasser, mais ils ne sont généralement pas aussi performants que les fusils séparés. J'espère que cela vous aidera. There are only two .22WMR/.410 combo rifles currently available in Canada, the Savage Model 42 ($640) and the Chiappa Double Badger ($500). Both are expensive for their performance. If you are willing to buy a used rifle, the Savage Model 24 is a good option and spare parts are still available. The Baikal IZH-94 is also a good combo rifle, but it's not fancy. I've used one with great success for the past fifteen years and it hasn't let me down. Combination rifles are great if you need both the .22WMR and .410 while hunting, but they generally won't perform as well as separate rifles. I hope this helps. Meilleures Salutations, Jason Livingston