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Freedom Group Acquires Para USA

by Joseph von Benedikt   |  January 30th, 2012 7

Freedom GroupIt looks like Big Green—or rather Freedom Group Inc., the affiliate that owns Remington—is going to be building a lot more handguns. The news just broke that FGI has purchased Para USA, a company known for building quality 1911-based pistols with more than a few very innovative modifications—improvements, if you’re a fan of Para hardware.

Probably the best know is the LDA (Light Double Action) trigger, which is basically a double-action, second-strike-capable trigger for the 1911 design that still feels, well, 1911-ish, but Para has many other achievements to its credit, among them some excellent double-stack versions of the 1911, the “Hawg” line of concealment 1911s, and even an innovative tactical rifle. It will be interesting to see which elements are adopted into the Remington family and promoted.

According to a press release from Freedom Group, the purchase was conducted through an unnamed subsidiary of Freedom Group. No price was given. Furthermore, the release did not specify the “certain assets” being acquired.

“We welcome Para into the Freedom Group Family of Companies,” said E. Scott Blackwell, chief Sales and marketing officer of Freedom Group, in the press release. “Para USA is a leader in handgun technology and their fine products exemplify quality, innovation and performance. Para is a perfect complement to our industry-leading family of brands, and our success in 2011 with the Remington R1 – 1911. We look forward to deploying both human and financial resources to continue to develop and supply current and future handguns for consumers and our channel partners. We also wish to thank all its employees for their continued dedication that has made Para a success.”

What do you think this means for the PARA brand and the growing Freedom Group empire?

  • Kevin

    The company that I worked for is no longer active and I am no longer employed. For any information regarding any T&E samples you may have out it is my understanding that those assets were acquired by FGI and you will need to contact them in regards to them.

    I assume that this e-mail will be shut down soon.

    It has been a great pleasure working with you for PARA USA, Inc.

    Best regards,
    Kerby

  • Krag

    Gonna miss you Mr. Smith!

  • Jack

    Who owns freedom arms is George soros envolved

  • FiveseveN

    Well, is Soros involved? If so he is continuing to make inroads that we will be sorry about!!!!!

  • scott

    The next time FGI does a press release you might want to get the facts right …the LDA has no second strike capability…

    Sorry to hear you are not with them Kerby…all the best bud…

  • william

    All should know that FGI is largley owned by George Soris. Buy every gun manufacture… and then close them down…me thinks

  • dodgerr

    Just did some research. Soros is not an owner or major player in Cerberus. NRA ILA has stated this rumor is untrue.

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