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Divestiture Jan 2001 Verified

Tomkins sells Smith & Wesson to Saf-T-Hammer Corp.

In 2001, Tomkins sold its Smith & Wesson business to Saf-T-Hammer Corp. for $15 million as part of its restructuring efforts to focus on core operations.

“The company also sold its Smith & Wesson business to Saf-T-Hammer Corp. for $15 million.”

Entities

Tomkins plc · Parent Saf-T-Hammer Corp. · Acquirer Smith & Wesson · Subsidiary
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.