HK.....SOLD!
Page 1 of 6 1 2 3 ... LastLast
Results 1 to 10 of 54
Like Tree23Likes

Thread: HK.....SOLD!

  1. #1
    HKPRO PREMIUM PARTNER
    SwissCollector's Avatar
    Join Date : Nov 2014
    Location : Switzerland
    Posts : 231
    Mentioned
    10 Post(s)

    Default HK.....SOLD!

    Sooo......HK now belongs to a finance holding from Luxembourg.

    https://www.dgap.de/dgap/News/adhoc/...newsID=1371663

    Having a majority share holder who's a pure finance company is usually bad news.

    What do you think will happen now? Shrink HK to core competences and cancel all civilian products? Throw more money into the black hole that is HK and restart civilian rifle production?

    What will happen to HK USA? Is it coincidence that the MRs, USCs etc are now listed as limited production items?

    Why is the HK management so absurdly incompetent and corrupt? Will it get better now?

    HK.....SOLD!-48o8ou.jpg

  2. #2
    HKPRO PREMIUM PARTNER
    SwissCollector's Avatar
    Join Date : Nov 2014
    Location : Switzerland
    Posts : 231
    Mentioned
    10 Post(s)

    Default

    This was one of the acquisitions of the brilliant minds at work in Oberndorf:

    https://www.wolf-garten.com/en/

    It only cost € 41mio ($46.8mio), can't go wrong with investing in hoes....wait......

  3. #3
    Very Senior Member

    Join Date : Oct 2018
    Location : SoCal Loco
    Posts : 280
    Mentioned
    0 Post(s)

    Default

    Having a majority share holder who's a pure finance company is usually bad news
    It has been a very bad thing for Remington (and by extension Bushmaster, DPMS, Para Ordinance, Tapco, Kleenbore and maybe Marlin...)
    It stank on Ice for Smith & Wesson a double decade ago.

    Incompetent management is nothing new for a firearm company.
    I can probably list a double dozen examples if not more and then another dozen examples of disrespect for their consumers.

  4. Remove Advertisements
    HKPro.com
    Advertisements
     

  5. #4
    Unrepentant HKHolic
    RegularGuy461969's Avatar
    Join Date : Mar 2015
    Location : By the Great Shell Bay
    Posts : 3,120
    Mentioned
    52 Post(s)

    Default

    Hedge Funds and Private Equity are the death of good corporate culture and companies that want to make things that people want and need. They are all about squeezing every bit of everything out of everyone and everything for themselves

    Take no prisoners make no apologies. They have destroyed US manufacturing and pretty much most things they touch. Because if it is worth something, they buy it, trim overhead and sell or take public. They reap huge rewards and workers, middle management and customers get €ucked. Has to be the worst possible export ‘Merica has... .
    dms16, GuntherRommel and Domino like this.
    "Just because you're paranoid doesn’t mean they're not after you!"

  6. #5
    AGG
    AGG is offline
    Unrepentant HKHolic
    AGG's Avatar
    Join Date : Feb 2007
    Location : Alabama
    Posts : 34,319
    Mentioned
    269 Post(s)

    Default

    My stock just split!!!

    Tony

  7. #6
    AGG
    AGG is offline
    Unrepentant HKHolic
    AGG's Avatar
    Join Date : Feb 2007
    Location : Alabama
    Posts : 34,319
    Mentioned
    269 Post(s)

    Default

    Quote Originally Posted by SwissCollector View Post
    Sooo......HK now belongs to a finance holding from Luxembourg.

    https://www.dgap.de/dgap/News/adhoc/...newsID=1371663

    Having a majority share holder who's a pure finance company is usually bad news.

    What do you think will happen now? Shrink HK to core competences and cancel all civilian products? Throw more money into the black hole that is HK and restart civilian rifle production?

    What will happen to HK USA? Is it coincidence that the MRs, USCs etc are now listed as limited production items?

    Why is the HK management so absurdly incompetent and corrupt? Will it get better now?

    Click image for larger version. 

Name:	48o8ou.jpg 
Views:	112 
Size:	86.9 KB 
ID:	266658
    Acquire all of the HK's, while you still can!!!

    tony
    FearlessLeader and flybynt like this.

  8. #7
    DKC
    DKC is offline
    Junior Member

    Join Date : Jan 2017
    Posts : 27
    Mentioned
    0 Post(s)

    Default

    I work for a company that was essentially purchased by Bane Capital. They turned us into a profitable company (and then spun us off in a merger). Is that a possibility with HK? I’m not a businessman, just curious (or at least hopefull).

  9. #8
    igs
    igs is offline
    Very Senior Member

    Join Date : Jan 2018
    Posts : 265
    Mentioned
    3 Post(s)

    Default

    Quote Originally Posted by SwissCollector View Post
    What do you think will happen now? Shrink HK to core competences and cancel all civilian products?
    More like cancel all military bids then close down HK GmbH. Ramp up HK USA with all civilian products then go for the next Army Modular Handgun System the way of Sig.
    ig720 likes this.

  10. #9
    Very Senior Member

    Join Date : Oct 2018
    Location : SoCal Loco
    Posts : 280
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by DKC View Post
    I work for a company that was essentially purchased by Bane Capital. They turned us into a profitable company (and then spun us off in a merger). Is that a possibility with HK? I’m not a businessman, just curious (or at least hopefull).
    While it is possible, investment companies are pretty much in it for themselves.
    Here is an article on the Remington, Cerberus Capital Management, Freedom Group dynamic. Basically debt was shoved into Remington while liquid funds were pumped out.
    https://www.nytimes.com/interactive/...untsville.html

  11. #10
    Junior Member

    Join Date : Mar 2019
    Posts : 26
    Mentioned
    0 Post(s)

    Default

    you cannot ever tell what to expect from things like this. it could vary from things never change, to the company stripping any value out and then flipping it to the next guy. just gotta wait and see

Page 1 of 6 1 2 3 ... LastLast

Sponsored Links

 
 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •