Battenfeld Technologies, Inc.,® To Acquire PowerTech, Inc.,™
COLUMBIA, Mo., January 19th, 2016 — (ArmsVault.com) – Battenfeld Technologies, Inc., an industry leading manufacturer of shooting, hunting, reloading, gunsmithing and gun cleaning supplies, announced today that it intends to acquire the assets of PowerTech, Inc., a leading manufacturer of tactical flashlights, universal LED lights and personal pocket lights designed for military, law enforcement and sporting enthusiasts.
As a licensee of Smith & Wesson, PowerTech, Inc., designs, manufactures, and distributes Smith & Wesson® branded lighting products to retailers, wholesalers and consumers around the world. The Smith & Wesson® flashlight line was created with military, law enforcement, hunting and other sporting enthusiasts in mind. Over time, the product line has expanded to include a number of additional products for every day carry and casual use. The strategic relationship with Smith & Wesson, combined with over 15 years of experience serving the military, law enforcement, and consumer sporting goods markets, have helped PowerTech, Inc., become an industry leading manufacturer of quality lighting products.
Battenfeld President, Jim Gianladis, said, “We are excited about entering the tactical lighting category by adding PowerTech, Inc., to the Battenfeld Technologies family of brands. PowerTech’s owners, Danny Holmes and Barbara Gross, and their team have done an excellent job successfully establishing and growing PowerTech in the portable lighting category. We believe that foundation, combined with our ability to bring high quality, innovative products to the market, provide us with an exciting opportunity to further grow and expand the product line.”
Danny Holmes, said, “We are proud that our products have become a leading brand in the portable lighting industry, a success that we owe to product innovation, strategic relationships, and our loyal customer base. We look forward to watching the Battenfeld Technologies team taking PowerTech, Inc., to its next level of success with new product developments and a continuation of the exceptional service and support that our customers have enjoyed.”
Battenfeld Technologies plans to locate PowerTech operations in its Columbia, Missouri facility, effective upon completion of the acquisition, with no expected impact on deliveries of PowerTech, Inc., products.
About Battenfeld Technologies, Inc.
Based in Columbia, Missouri, Battenfeld Technologies, Inc.,® is a proud member of the Smith & Wesson® family. BTI is a subsidiary of Smith & Wesson Holding Corporation. Battenfeld Technologies, Inc. is the industry leading manufacturer of shooting, reloading, gunsmithing and gun cleaning supplies. BTI produces innovative, top quality products under Caldwell®, Wheeler Engineering®, Tipton®, Frankford Arsenal®, Hooyman®, Bog-Pod®, Non Typical Wildlife Solutions™, Lockdown®, Golden Rod® Smith & Wesson® Accessories, M&P® Accessories and Thompson Center® Accessories. For more information about Battenfeld Technologies, Inc. products, visit www.BTIbrands.com or call 573-445-9200.