Benchmade Acquires Lone Wolf Knives

[Grant Lamontagne]

Benchmade Knife Company Acquires Lone Wolf Knives
Acquisition Brings Breadth and Variety to Benchmade's Portfolio of Brands
 
October 5, 2010, OREGON CITY, Ore.-Benchmade Knife Company is pleased to announce their acquisition of Wilsonville, Ore.-based Lone Wolf Knives, Inc. The addition of Lone Wolf Knives to the Benchmade portfolio will allow the company to compete at the heart of the sports cutlery market with a purpose driven product line influenced by the outdoors.
 
"The acquisition of Lone Wolf Knives will be a great addition to the Benchmade family of brands," says Les de Asis, Founder and CEO of Benchmade Knife Company. "Those familiar with Lone Wolf Knives appreciate the extremely strong connection the brand and product has with the outdoors."
 
New Lone Wolf Knives product will be developed in the coming months and will be launched at the NSSF SHOT Show, January 18th-21st at the Sands Expo & Convention Center in Las Vegas, Nevada.
 
Over the past several years, Benchmade has been building a stable of quality brands. In addition to the flagship Benchmade Knife Company product, the company also has exclusive licensing agreements to design, manufacture and market Harley-Davidson® Knives and HK® Knives. Despite the recent turbulent economy, Benchmade has been able to post several years of consecutive double-digit growth and recently added 20,000 square feet of manufacturing and office space to their manufacturing headquarters in Oregon City, Ore.
 
"We've been blessed to have talented employees and loyal customers and dealers that have helped us grow despite the economy" said de Asis. "We are very excited about the opportunities that will emerge as a result of our acquisition of Lone Wolf Knives."
 
For more information on the Benchmade portfolio of brands, visit www.benchmade.com

[jekostas]

That's kind of interesting.  I thought Lone Wolf was originally an offshoot of Gerber, wasn't it?  Or started by former Gerber employees?  I guess Benchmade wants to compete more directly with the Kershaw Zero Tolerance line.

[Fisting_Chili]

I'm not that far from Oregon City...
Does this mean I'll soon be able to drive to a Benchmade store???

[Accujohn]

I heard a story the other day that Les basically went to Lone Wolf and said... "sell to me, or i'll make all your ideas anyway and compete u out of business. By the time anything happens in court, you'll be ruined" nice huh? (if its true) from someone who knows someone here in BM country.

[Benner]

I heard a story the other day that Les basically went to Lone Wolf and said... "sell to me, or i'll make all your ideas anyway and compete u out of business. By the time anything happens in court, you'll be ruined" nice huh? (if its true) from someone who knows someone here in BM country.

I doubt very much that happened.  Seems with every buy-out there is a similar rumour.

[jekostas]

I heard a story the other day that Les basically went to Lone Wolf and said... "sell to me, or i'll make all your ideas anyway and compete u out of business. By the time anything happens in court, you'll be ruined" nice huh? (if its true) from someone who knows someone here in BM country.

I doubt very much that happened.  Seems with every buy-out there is a similar rumour.

It was more along the lines of the guys running Lone Wolf had zero business acumen and were running the company in to the ground.

[Pacu]

i still have nightmares about business acumen, promoting synergy, and capital turn investments.