Remington Arms is the oldest gun manufacturer in the United States — and one of the most storied names in the history of American firearms. But the company that exists today is not the same one that made guns for the Civil War, two World Wars, and generations of hunters.
The Remington of 2026 is a fractured brand — split between multiple owners, rebuilt from bankruptcy, and quietly in the middle of another ownership shift that could reshape it yet again.
Who Owns Remington Arms Right Now in 2026?
The answer has two parts, because the old Remington Arms no longer exists as a single entity.
The firearms side — the guns themselves — is owned by Roundhill Group, LLC, a private investment firm based in Pennsylvania and Florida, which operates the manufacturing business through a subsidiary called RemArms, LLC.
The ammunition side is owned entirely separately by Vista Outdoor, which runs it under the name Remington Ammunition.
Adding to this, on September 28, 2026, Powell Max Limited (Nasdaq: PMAX) — a Hong Kong-listed financial communications firm — announced it had signed a share exchange agreement with Blackrod Holdings, LLC, the current parent of Remington Firearms.
The deal gives Powell Max an exclusive 12-month window to acquire majority ownership. This means ownership of the firearms business could change hands again before the end of 2027.
Ownership and Key Stakeholders Table
| Owner / Party | Role | Stake | Key Detail |
|---|---|---|---|
| Roundhill Group, LLC | Owner of Remington Firearms | 100% of RemArms LLC | Private investment firm; acquired firearms assets in October 2020 for $13 million |
| RemArms, LLC | Operating Subsidiary | Manufactures Remington guns | Licensed to use the Remington brand name from Vista Outdoor |
| Blackrod Holdings, LLC | Parent of Remington Firearms | Immediate holding company | Powell Max signed deal to acquire majority stake on September 28, 2026 |
| Powell Max Limited (PMAX) | Prospective Majority Owner | 12-month acquisition window | Nasdaq-listed Hong Kong firm; deal signed September 28, 2026 |
| Vista Outdoor | Owns Remington Ammunition | 100% of ammo business | Paid $81 million for ammunition assets in 2020; also holds the Remington brand name |
| Todd McCoig | President of Remington Firearms | Management role | Named president after former CEO Ken D’Arcy departed |
| Sturm, Ruger & Co. | Owns Marlin Firearms (former Remington brand) | 100% of Marlin | Paid $28.3 million at 2020 bankruptcy auction |
| JJE Capital Holdings (Palmetto State Armory) | Owns remaining Remington brands | Paid $2.5 million | Acquired AAC, DPMS, H&R, Dakota Arms, and other remaining assets |
| Cerberus Capital Management | Former Owner via Freedom Group | Fully exited 2020 | Acquired Remington for $370 million in 2007; sold through bankruptcy |
The Origin Story: A Blacksmith, a Barrel, and 1816
The story of Remington begins in the Mohawk Valley of upstate New York — as American as it gets.
In 1816, a 21-year-old blacksmith named Eliphalet Remington II walked to a local gunsmith’s competition with a flintlock rifle barrel he had forged himself at his father’s foundry in Herkimer County, New York.
He did not win — but the people there liked his barrel so much they asked him to make more. He set up shop on his father’s farm in Ilion, New York, and E. Remington & Sons was born.
By the Civil War, Remington was supplying tens of thousands of rifles and revolvers to the Union Army. By the 20th century, it had become the dominant force in American sporting firearms — the maker of the legendary Model 700 bolt-action rifle and the Model 870 pump-action shotgun, both of which remain among the best-selling firearms in history.
How the Company Fell Apart: Cerberus, Debt, and Two Bankruptcies
The collapse of the unified Remington Arms is one of the most dramatic stories in American manufacturing history — and it follows a pattern that will be familiar to anyone who has followed what happened to brands like Morrisons in the UK: a private equity firm loads a company with debt, struggles to service it, and ultimately sells in pieces.
In 2007, Cerberus Capital Management — the same private equity firm that features prominently in the story of Safeway and Albertsons — acquired Remington Arms for $370 million (including $252 million in assumed debt), folding it into an entity called Freedom Group.
Over the next several years, Cerberus aggressively acquired other gun brands — Marlin, Bushmaster, DPMS, and others — building what was supposed to be an all-in-one firearms empire.
It did not work. After the Sandy Hook school shooting in 2012, Cerberus faced enormous public pressure and announced its intention to sell. Quality control suffered across the portfolio.
In March 2018, Remington Outdoor Company — by then the renamed parent — filed for Chapter 11 bankruptcy for the first time, emerging in May 2018 after restructuring. Then, in July 2020, it filed for bankruptcy again. This time, there was no restructuring — only a liquidation.
The 2020 Breakup: Remington Sold to Seven Different Buyers
On October 7, 2020, the Remington bankruptcy court approved a sale of the company’s assets — broken into pieces and sold to seven separate buyers at auction.
Roundhill Group paid just $13 million for the core firearms manufacturing business — a fraction of what Cerberus had paid just 13 years earlier. Vista Outdoor paid $81 million for the ammunition business.
Sturm, Ruger & Co. paid $28.3 million for the Marlin Firearms brand. JJE Capital Holdings — the parent company of Palmetto State Armory — picked up AAC, DPMS, H&R, the Parker Gun, Dakota Arms, and other brands in a package deal for $2.5 million.
The breakup left the Remington name legally split between two companies. Vista Outdoor actually owns the Remington trademark and brand name. RemArms — Roundhill’s operating company — licenses the right to use it from Vista in order to sell its guns as Remington Firearms.
It is an unusual arrangement that has led to ongoing consumer confusion, with both a gun company and an ammunition company using the same historic branding.
RemArms: Rebuilding the Guns
After acquiring the firearms assets, Roundhill Group organized them under a new holding company called RemArms, LLC and set about restarting production.
The company announced its official launch in September 2021 via a video from its then-CEO Ken D’Arcy, who became the public face of the brand’s revival.
RemArms manufactures a focused lineup of classic Remington models — the Model 700 bolt-action rifle, the Model 870 pump-action shotgun, and the Model 1100 semi-automatic shotgun.
Notably absent from the new portfolio are handguns and modern sporting rifles that had become increasingly important to the old company.
As of 2026, Remington production continues at manufacturing facilities in Georgia and Arkansas. D’Arcy has since departed the company, and Todd McCoig — previously senior vice president of sales — now serves as President of Remington Firearms.
The New Ownership Twist: Powell Max and September 2026
The biggest news in Remington’s ownership story in 2026 is still unfolding.
On September 28, 2026, Powell Max Limited (Nasdaq: PMAX) — a small Hong Kong-listed financial communications company — announced it had signed a share exchange agreement with Blackrod Holdings, LLC, the immediate parent company of Remington Firearms.
The deal gives Powell Max an exclusive 12-month window to acquire a majority ownership stake.
McCoig said in a statement: “The Remington brand has a proud history and an enduring connection with generations of customers, and we believe this relationship can help position the company for continued growth and long-term success.”
The deal is unusual — a small Hong Kong financial services company acquiring a stake in one of America’s oldest gun makers is not a combination anyone would have predicted. Whether the acquisition ultimately completes within the 12-month window, and what it means for Remington’s manufacturing future, remains to be seen.
Remington Ammunition: The Separate Story
While RemArms handles the guns, Remington Ammunition is a completely separate business operating under Vista Outdoor.
Vista Outdoor paid $81 million for the ammunition assets in 2020 — far more than Roundhill paid for the guns — and has continued manufacturing Remington branded bullets, shells, and cartridges at the original Lonoke, Arkansas facility.
The ammunition side of the brand has generally fared better commercially than the firearms side, benefiting from Vista Outdoor’s established distribution network and broader ammunition portfolio, which also includes brands like Federal Premium and CCI.
Frequently Asked Questions (FAQs)
Q1. Who owns Remington Arms in 2026?
The firearms business is owned by Roundhill Group through RemArms, LLC, while Remington Ammunition is owned separately by Vista Outdoor.
Q2. Is Remington still making guns in 2026?
Yes. RemArms continues to manufacture Remington-branded firearms including the Model 700 rifle and Model 870 shotgun at facilities in Georgia and Arkansas.
Q3. What happened to Remington Arms?
Remington Outdoor Company filed for bankruptcy twice — in 2018 and 2020 — and was sold in pieces to seven different buyers at auction in October 2020.
Q4. Who owns the Remington brand name?
Vista Outdoor legally owns the Remington trademark. RemArms pays to license the name in order to sell its guns as Remington Firearms.
Q5. Who bought Remington ammunition?
Vista Outdoor acquired the Remington ammunition business for $81 million in 2020 and continues producing Remington-branded ammo in Lonoke, Arkansas.
Q6. Who owns Marlin Firearms now?
Sturm, Ruger & Co. acquired Marlin Firearms from the Remington bankruptcy auction for $28.3 million in 2020.
Q7. What is the latest Remington ownership news in 2026?
On September 28, 2026, Powell Max Limited (Nasdaq: PMAX) signed a deal with Blackrod Holdings giving it an exclusive 12-month window to acquire majority ownership of Remington Firearms.
Q8. Was Cerberus Capital Management involved with Remington?
Yes. Cerberus Capital Management acquired Remington in 2007 for $370 million through its Freedom Group vehicle. It eventually sold through the 2020 bankruptcy proceedings.
Remington Arms as a unified company no longer exists. The original Remington Outdoor Company collapsed through two bankruptcies and was sold in pieces in October 2020.
The guns are made by RemArms, LLC, owned by Roundhill Group — a low-profile private investment firm — which licenses the Remington brand name from Vista Outdoor.
The ammunition is made separately by Vista Outdoor under Remington Ammunition. A new potential buyer, Powell Max Limited, signed an agreement in September 2026 for an exclusive window to acquire majority control of the firearms business.
For a company founded by a 21-year-old blacksmith in 1816 with a single homemade gun barrel, the Remington story is still being written — even if the chapter titles have changed beyond recognition.