Who owns Marlin Firearms? You may have heard the question a lot – “who owns Marlin Firearms?” If so, you are not alone. The company has been around for more than 50 years. You can find a Marlin rifle at your local sporting goods store or buy one from a reputable gun dealer. It’s all good if you can keep the guns safe, though.
Marlin has been in business for 141 years, but it has changed hands several times since then. In 2008, Remington Arms Co. Inc. bought the company from the Freedom Group, the largest gun maker in the world. As of 2015, Cerberus Capital Management is still the sole owner of the Freedom Group. However, the company is no longer owned by Cerberus Capital Management. In fact, the company has been in financial trouble since the Sandy Hook Elementary School shooting.
Marlin had been manufacturing firearms in Connecticut for more than 141 years until it closed its North Haven facility in 2011. In 2008, Remington bought the Marlin brand, which made it the world’s largest single-shot rifle manufacturer. The company was owned by Remington, a gun vendor. The company’s stock price soared in the aftermath of the Sandy Hook Elementary School shooting. After the company sold the stock to Cerberus, the group ceased operations, and the entire manufacturing operation was moved to a factory in Ilion, New York. The company is still owned by Cerberus, but it is no longer in control of the company.
Marlin Firearms is now owned by Ruger, the company that made Remington famous. The company plans to produce the iconic Marlin sporting rifles that the company was so well-known for. The deal was made in late September at a chapter 11 auction, and Ruger paid $28 million for the assets. It’s not clear who exactly owns Marlin Firearms, but it’s worth keeping an eye on who owns the company.
Founded in 1872, Marlin Firearms has been a part of the Remington family for 141 years. Its manufacturing facility in North Haven was sold in 2008 to Remington Arms Co. Inc., a firearms vendor. After the Sandy Hook Elementary School shooting, Cerberus sold its shares, but it remains a minority shareholder. In fact, it owns most of the brand.
The Marlin Firearms Co. is located in North Haven, Connecticut. It was founded in 1817 and was one of the first companies to produce single-shot rifles. In 2008, Remington sold the company to Cerberus Capital Management, which is a private investment firm that owns the company. It is now a subsidiary of Remington Outdoor Group. Although the firm has been around for 141 years, it is now owned by a group of investors called Cerberus Capital Management.