This is interesting. Sierra has been privately held, and Clarus is not that big of a company... I'm looking at the Clarus financials now trying to see why they're doing it. First thought is Clarus is having a hard time generating "free cash flow" - 4 yrs in a row of negative eps. And maybe Sierra wants to expand itself but doesn't have the cash either... Sierra only does bullets whereas Nosler does bullets, brass, ammo and rifles. Part of the reason bullet prices are going up is the last lead smelting factory in the US had to cloe thanks to the OBamster.
In the components and ammo market, I think Sierra may feel that it's getting left behind, with the other consolidations etc going on. Plus Hornady, Nosler are also bigger...
In the components and ammo market, I think Sierra may feel that it's getting left behind, with the other consolidations etc going on. Plus Hornady, Nosler are also bigger...