Smith & Wesson acquires Savage Arms for US$160M

Canadian Counsel to Smith & Wesson with respect to its purchase of Savage Arms

On October 21, 2026, Smith & Wesson Brands, Inc. (“Smith & Wesson“), a U.S.-based leader in firearm manufacturing and design, completed its acquisition of the Savage Arms business (“Savage Arms“) by merger from an indirect subsidiary of JDH Capital I, L.P.

Founded in 1894, Savage Arms is one of the world’s largest manufacturers of hunting and sport-shooting rifles and shotguns. Its strength in hunting rifles complements Smith & Wesson’s leadership in handguns, and the combined business is now the largest commercial firearms manufacturer in the United States.

Miller Thomson acted as Canadian counsel to Smith & Wesson with a team led by Adam Kline and comprised of Wendy Wang (Corporate & M&A), Tamara Farber (Environment), Daniel Lang (Tax), Andrea Chiu and Louis Amato-Gauci (Regulatory), Kimberly Lennon (Labour & Employment), Kyle Bertsch (Real Estate), Hugh Wright (Benefits).