Benchmade buys Lone Wolf Knives

Not much detail on this one at the moment, but Benchmade just sent out a press release announcing their acquisition of Lone Wolf Knives. They didn't say how much it cost them, but they did promise some new designs for the 2011 SHOT show.

PR after the break.
moreThis is Benchmade's Press Release:

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

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