November 5th, 2012

Remington Acquires TAPCO (The American Parts Company Inc.)

Remington Arms Acquires TAPCORemington Arms Company, LLC (Remington), part of the Freedom Group Family of Companies, has acquired The American Parts Company Inc. (TAPCO). In business for more than 25 years, Georgia-based TAPCO is a designer and marketer of American-made aftermarket accessories and replacement parts for handguns, rifles, shotguns, and tactical firearms. It is best known as the supplier of accessory products for AR15s, AK and SKS rifles and Remington 870 and Mossberg 500 shotguns. In recent years, TAPCO has modernized its production through computer-aided design, and rapid prototyping technologies.

“This acquisition will enhance our positioning in the accessories market and allow us to further our research and development capabilities” said George Kollitides, Chairman and CEO of Freedom Group. TAPCO will continue day-to-day operations at its Kennesaw, Georgia, facility.

“With the acquisition of TAPCO, Remington continues to demonstrate its commitment to the firearm parts and accessories business,” said Scott Blackwell, President of Freedom Group. “TAPCO is well-known as a leader in delivering innovative and dependable products[.] We are excited about the breadth of the products they bring to our portfolio, and we look forward to utilizing our resources to ensure our consumers and OEM partners benefit from this important acquisition. We welcome TAPCO and its employees into our family of companies.”

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