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Manufacturing & Industrial

Manufacturing companies, firearms, and industrial producers

1 PE-owned brands|10 locations tracked

What PE Ownership Means for This Industry

200+ years of history ended

PE ownership destroyed America's oldest gun maker after 200 years

Cerberus Capital acquired Remington Arms (est. 1816) in 2007 and loaded it with debt. After two bankruptcies, the company was broken up and sold in pieces, ending over 200 years of American manufacturing history.

Source: New York Times, 2020

PE-Owned Brands

Remington Arms

PE-Owned1 impact

Owned by Cerberus Capital

Cerberus acquired America's oldest gun manufacturer (founded 1816) in 2007 via LBO. Loaded with debt, filed bankruptcy in 2018 and again in 2020, ultimately broken up and sold in pieces. ~3,500 jobs lost.

10 locations tracked

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