doublegunshop.com - home Forums General Discussion DoubleGuns For Sale @ doublegunshop.com Beretta Buys 10% or Ruger

Beretta Buys 10% of Ruger. I see in the Wall Street Journal that Beretta has been buying Ruger stock and now has a 10% interest. Should be interesting. Maybe back in the shotgun business.

John
Arrieta

Beretta Holding bought about 9% last September. They refused to sign a stock limit agreement at that time. Ruger was then looking towards a plan to limit shares to 10% to buyers. Don’t know what the current story is. I would expect negotiations to prevent a hostile takeover.

They are going to sell out to them. Already laying off employees and hardly anything at shot show.

If this is true, Bill Ruger is rolling over in his grave.

I don't know why he would. Beretta has been in the gun making business for over 500 years, continuously. They have bought several other gun makers that continue to build and sell guns, to some degree independent of Beretta (think Franchi, Benelli, Tikka).

IMO, it might be a feather in Ruger's hat that Beretta would be willing to do so. Maybe, Bill Ruger would be honored. Not certainly so, but maybe.

Private from 1949 to 1969 and publicly traded since then. I'm sure that in 1969 they had no idea the world of 2026 was coming. That 1969 decision was before fax machines, credit scores, labor offshoring, and computers. The US was still on the gold standard. Hopefully it ends well for the brand.

He would probably take it over what is happening now. Their returns have surpassed Taurus. Almost all of their lipseys guns like the Taffin perfect packing pistol etc have had issues. Poorly fitting parts mostly. Employees are getting laid off.

At close of business Friday Ruger stock price was $38.43. The 52 week high was $48.21. I can see why Beretta would be interested. They pulled 5% of the NH workforce and left everything else alone. NH makes most, if not all, their revolvers. Given the forces at work against every company, the reduced demand for revolvers, and only one pistol competitive with Glock it’s understandable. Add to that an old design Mini 14, their version of the ubiquitous AR, and bolt action hunting rifles I can see why they came up with the next Red Label. Ruger might be a good buy especially if Beretta starts buying even more shares.

FelixD:

I can see why they came up with the next Red Label " They are not making it, Galazan is" Beretta can show them how to make an o/u.

John
Arrieta

Perhaps I’m missing something. I thought it was obvious from all the denigrating comments concerning the new Red Label that it was well known that the gun is made by CSMC.