Roundhill Group LLC Purchases Remington Firearms

Roundhill Group LLC Purchases Remington Firearms

The story about America’s oldest gunmaker continues. Remington assets being divided and Roundhill Group, LLC was mentioned as one of the successful bidders. Today it was made official that they have purchased Remington Firearms, and that the purchase includes “all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop.” So the question everyone is asking themselves is who are the people behind Roundhill Group? The Press Release gives some information and, probably most importantly, their intentions with Remington seems real and genuine. Hopefully they have the knowledge and skills to take Remington into the future.

Below is the Press Release in full:

Thursday, October 1, 2020
Roundhill Group LLC Purchases Remington Firearms
Lancaster, PA — Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop.
With this acquisition have come many industry questions and rumors. Roundhill Group LLC partner and spokesman, Jeff Edwards addresses these issues:
“As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals is in the process of purchasing Remington Firearms. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoors men and women both here in the USA and abroad. More than anything we want to make Remington a household name that is spoken with pride.”
The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. They are all life-long hunting advocates and staunch Remington brand loyalists. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.