The were bought from the Brits by a company called SAF-T-HAMMER. They are an American company but some are skeptical of thier committment to the 2nd ammendment and RKBA. Do a usenet search of rec. guns and you will find more info. than you bargained for. Here's one persons thoughts... .
On 28 May 2001 08:48:16 GMT, (MEHLaw) wrote:
"The company that bought S&W (Saf-T-Hammer) did so with money supplied
by a so-far anonymous benefactor. Saf-T-Hammer is listed as a client
of one of the most anti-gun PR firms in the country (Hoffman Group,
LTD. ) Saf-T-Hammer and its five employees designed and patented but
didn't seem to be selling precisely the kind of firearms disabling
devices called for in the S&W agreement. Saf-T-Hammer has had no
profits to speak of over the past five years yet somehow found someone
to fund its buyout of one of America's largest and oldest firearms
firms.
Given all of the funny smells emanating from the above, I doubt
seriously that S&W will try to get that agreement canceled. Rather, I
think that the firm will be used by anti-gun forces to attempt to
"prove" that so-called "smart" guns and guns with excessively
complicated "safety" devices are viable. "
and another:
"Yup. Not hard proof - but what proof do you want? Gail Hoffman's group is
there to mold public opinion - and there's no question that she's anti-gun.
The prez of Saf-T-Hammer said that he studied the S&W agreements in detail,
and planned to follow them. The only conclusion I can make of all this is
that S-T-H does not plan to support the consumers with any type of product,
except those approved by HCI/VPHC. Indeed, Saf-T-Hammer is already on
record as supporting gun locks legislation.
While it appears that Saf-T-Hammer is only trying to increase its' own niche
market, still there remains the question of just who it was that put up the
money for S-T-H to buy S&W. S-T-H clearly does not have the money, as shown
by their own public disclosures to the SEC. And buried somewhere in the
press releases is a note that the real investor will not be revealed until
all the paperwork must be disclosed, in a month or so.
S&W must die! And if Saf-T-Hammer is standing in the way, Saf-T-Hammer must
also die!"
Read up and then draw you own conclusions.....
Here's saf-t-hammer's press release about it:
http://www.safthammer.com/press_release.htm
Ken