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#476763 03/31/17 05:49 PM
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Owenjj3 Offline OP
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I was saddened to read in today's SSM that Arrieta declared Bankruptcy in November, 2016. I don't think anyone has posted about this here. Sounds like from the article that a reorganization might permit operations to continue in a more limited fashion. There was also a reference to reviving the collective they had years ago. I sure hope that doesn't happen and they can maintain semi-independence.


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Owen,
Were they purchased by another manufacturer? I had heard about the reorganization but didn't know when it might occur.
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They built some beautiful guns.

https://www.youtube.com/watch?v=J5HoKCDwmD8

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treblig,
You're absolutely correct. I've been eyeballing a 578 20 ga. round body at Fieldsport for several weeks. Been thinking of getting a spanish gun and I think Arrieta would be a good maker to consider. That's why I was sad to hear of their trouble.
Karl

Last edited by Karl Graebner; 03/31/17 11:00 PM.
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Owenjj3 Offline OP
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The article stated that they simply didn't have enough orders to maintain solvency. I didn't realize that they purchased Arrizabalaga in 2012. The article further stated that they hoped to emerge from bankruptcy in May 2017 and begin taking orders again.


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Owen,
That's very good news if they can.
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Originally Posted By: Owenjj3
I was saddened to read in today's SSM that Arrieta declared Bankruptcy in November, 2016. I don't think anyone has posted about this here. Sounds like from the article that a reorganization might permit operations to continue in a more limited fashion. There was also a reference to reviving the collective they had years ago. I sure hope that doesn't happen and they can maintain semi-independence.


See here:

http://www.shotgunworld.com/bbs/viewtopic.php?f=126&t=450835

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This is not completely true. They have just send a couple of guns to the US that were ordered. They are in a financial mess and trying to reorganize so that they can stay in business. If this happens, which this is their hopes, it will be a much smaller firm. Probably ending up like some of the very small Italian, obscure makers that product only a handful of guns each year.

John Boyd
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John Boyd
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Sad to hear. I love my 16 Gauge Model 578 and I have a friend who has a much higher grade 16 Gauge two barrel set. Both were bought used and they were very nice guns for the money spent.

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After leaving the lower end market look at who they had to compete against. The lower priced doubles market now belong to the Turks that provide a good solid double for not much money.

I, myself would pay three times more for a Spanish gun then a Turk. But, the lower priced Spanish gun doesn't exist anymore.

They've priced themselves upward and bumped right into the Italian guns. The same Italian guns whose names are plastered all over the shooting sports. Names like Perazzi and Beretta just to name a few and even people who are not involved in the shotgun shooting sports have heard those names.

They had no place to go. I expect more trouble down the road.

But, I hope I'm full of crap on this one because I really like Spanish guns. smile

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