Smith & Wesson Acquires Savage Arms for $160 Million
Smith & Wesson has acquired Savage Arms for $160 million in a deal announced in Springfield, MA, making the combined company the largest commercial gunmaker in the United States.
Springfield Holyoke, MA, October 22, 2026 —
Smith & Wesson has acquired Savage Arms in a deal valued at $160 million, according to the announcement made in Springfield, Massachusetts. The companies’ combination makes them the largest commercial gunmaker in the United States, the announcement said.
The summary of the deal provides the purchase price and identifies the companies involved, but does not specify when the transaction was completed or whether any conditions remain. It also does not describe how the acquisition will affect either company’s operations, workforce, product lines, facilities or customers.
No additional details were provided about the transaction’s financing, the terms of the agreement or the companies’ plans following the acquisition. The announcement summary also does not identify executives who discussed the deal or include statements from either company.
The deal brings Smith & Wesson and Savage Arms together under a combined company described in the announcement as the country’s largest commercial gunmaker. The summary does not provide figures or other information supporting that ranking, nor does it define how the size comparison was measured.
Further information about the timing, structure and expected effects of the acquisition was not included in the announcement details provided. The stated purchase price is $160 million, and Springfield, Massachusetts, was identified as the location where the deal was announced.
Story summarized from the original created by Nasya Blackshear, Ryan Trowbridge on www.westernmassnews.com, see more information here.
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