Freedom Group, Inc. through a wholly owned subsidiary has entered into a purchase agreement to acquire certain assets of Barnes Bullets. The transaction closed on Dec. 31, 2009.
Barnes Bullets, located in Mona, UT, is a supplier of copper bullets, including copper-tin composite core bullets.
Barnes Bullets will continue day-to-day operations at their Mona, UT-based location under the guidance of company founder, Randy Brooks.
“We welcome Randy and his team to the Freedom Group family,” commented Ted Torbeck, CEO of the Freedom Group, Inc. “With the acquisition of Barnes; the Freedom Group continues to demonstrate our commitment to the ammunition business. Barnes offers a premium line of high performance bullets for the hunting and shooting communities; and for law enforcement, military and commercial consumers around the world. We are excited about their research and development capabilities and the breadth of the products they bring to our portfolio.”