American Outdoor Brands Corporation, a leading manufacturer of firearms and a provider of accessory products for the shooting, hunting, and rugged outdoor enthusiast, today announced that its firearms business, Smith & Wesson Corp., has completed the purchase of substantially all of the assets of Gemini Technologies, Incorporated (“Gemtech”), a provider of suppressors and accessories for the consumer, law enforcement, and military markets, for $10.0 million, subject to post closing working capital adjustments and potential earn-out payments. 

The signing of the definitive purchase agreement for the acquisition was announced on July 15, 2017, and a copy of that announcement is located at:

Due to the strict regulatory requirements governing the sale of suppressors, Smith & Wesson expects the integration and ramp up of Gemtech products to take place gradually over the balance of its current fiscal year. 

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