Carl Walther GmbH Forms US-based Walther Arms Inc.
Next year Smith & Wesson will cease being the importer and distributor of Walther firearms in the USA. The owners of Carl Walther GmbH, the PW Group, have formed a new corporation called Walther Arms Inc which will taken over importing and distributing. Carl Walther GmbH will continue to manufacture the M&P22 pistol for S&W.
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S&W published very strong fourth quarter results yesterday and as of right now (Friday 12:48am EST) are up almost 13% in after hours trading. It will be interesting to see how the market reacts to this news when they open in the morning.