10mm-Auto

General => General Discussion => Topic started by: rw on March 23 2015 08:14:46 PM MDT

Title: Glock sold out?
Post by: rw on March 23 2015 08:14:46 PM MDT
Saw a thread on graybeard outdoors about glock has been sold to beretta, but i cannot find a single confirmation online. All that pops up is the april fools thing from 2011 saying the same thing. Dude claims to have confirmed it with several sources. Neither of the ffls i asked have heard squat, and one sells a bunch of glocks. I would think his rep would have said something.
Anybody here heard anything?
Title: Re: Glock sold out?
Post by: sqlbullet on March 23 2015 08:17:42 PM MDT
Its a gag from 4 years ago April fools
Title: Re: Glock sold out?
Post by: rw on March 23 2015 08:19:41 PM MDT
Thats what i think he is trying to pull, but he seems serious... The bit he said about a glock share holder though confirming made me laugh. Gaston owns it all by himself according to last thing i read.
Title: Re: Glock sold out?
Post by: P33v3 on March 24 2015 06:12:56 AM MDT
I'm not sure Beretta has that kind of cash.
Title: Re: Glock sold out?
Post by: redbaron007 on March 24 2015 07:33:42 AM MDT
^^^^^
I would agree....I'm not sure there is any firearm manufacturers out there that has the cash/resources to purchase Glock. 
Title: Re: Glock sold out?
Post by: kilibreaux on March 25 2015 04:49:08 AM MDT
I can't imagine Glock being purchased by Beretta...maybe the OTHER way, but Glock basically "owns" most of the handgun market world-wide...they have ZERO reason to sell, and are probably "bigger" economically speaking than Beretta.
Title: Re: Glock sold out?
Post by: sqlbullet on March 25 2015 08:04:03 AM MDT
As they are both privately held companies, no public information is really available.

But I think you guys are far under-estimating the size of beretta.  Glock makes handguns and a few other tools.

Beretta makes a wide array of side-by-side shotguns, over-and-under shotguns, hunting rifles, express rifles, assault rifles, submachine guns, lever and bolt-action rifles, single and double action revolvers and semi-automatic pistols.  Among the companies it owns are Benelli, SAKO, Tikka, Stoeger, Uberti and Burris Optics.

I don't see Glock selling to Beretta, and I have no idea how fiscally healthy Beretta is, but in terms of annual sales, Beretta dwarfs Glock.
Title: Re: Glock sold out?
Post by: redbaron007 on March 25 2015 08:33:40 AM MDT
Quote from: sqlbullet on March 25 2015 08:04:03 AM MDT
As they are both privately held companies, no public information is really available.

But I think you guys are far under-estimating the size of beretta.  Glock makes handguns and a few other tools.

Beretta makes a wide array of side-by-side shotguns, over-and-under shotguns, hunting rifles, express rifles, assault rifles, submachine guns, lever and bolt-action rifles, single and double action revolvers and semi-automatic pistols.  Among the companies it owns are Benelli, SAKO, Tikka, Stoeger, Uberti and Burris Optics.

I don't see Glock selling to Beretta, and I have no idea how fiscally healthy Beretta is, but in terms of annual sales, Beretta dwarfs Glock.

I wouldn't agree with this. First, if you don't know what their sales are, how is it possible they dwarf Glock?  ::) It would be nice to see what both of their annual sales.....Glock sold aprox 200+k G42s last year...this has been repeated by several, included Masaad Ayoob, recently. I'm not saying Beretta is a slouch, but I'm not sure they dwarf Glock.
Title: Re: Glock sold out?
Post by: sqlbullet on March 25 2015 12:00:01 PM MDT
Diversity of the markets served is the key indicator for me.  Like I said, without published and audited financials, it is hard to say.
Title: Re: Glock sold out?
Post by: Pinsnscrews on March 26 2015 04:39:49 PM MDT
Quote from: redbaron007 on March 24 2015 07:33:42 AM MDT
^^^^^
I would agree....I'm not sure there is any firearm manufacturers out there that has the cash/resources to purchase Glock.

Styer is allegedly the only company Gaston would agree to sell Glock to.
Title: Re: Glock sold out?
Post by: redbaron007 on March 26 2015 07:40:18 PM MDT
Quote from: sqlbullet on March 25 2015 12:00:01 PM MDT
Diversity of the markets served is the key indicator for me.  Like I said, without published and audited financials, it is hard to say.

No question, Beretta is more diversified and the diversification is strong.....but I would like to see what their sold firearm units are compared to Glock.

I vaguely remember some analysts publish some numbers a few years ago.....IIRC, Glock sold more units than any other manufacturer....again, it was some analyst......I'll keep looking. When Gaston passes.....we will probably some realistic numbers.
Title: Re: Glock sold out?
Post by: P33v3 on March 26 2015 07:54:39 PM MDT
Although, if Gaston is still fighting his ex-wife he may need the cash or could sell for a buck and then be kept on as a highly paid consultant.
Title: Re: Glock sold out?
Post by: redbaron007 on March 26 2015 08:04:39 PM MDT
Quote from: P33v3 on March 26 2015 07:54:39 PM MDT
Although, if Gaston is still fighting his ex-wife he may need the cash or could sell for a buck and then be kept on as a highly paid consultant.

I had heard this theorized before. Unless they can prove he is nuts.......speculation is it will be hard for the family to get what they want.  ::)

Time will tell.
Title: Re: Glock sold out?
Post by: Pinsnscrews on March 26 2015 09:33:44 PM MDT
Different country, different rules regarding what an ex is entitled to in a divorce
Title: Re: Glock sold out?
Post by: redbaron007 on March 27 2015 07:21:11 AM MDT
Quote from: Pinsnscrews on March 26 2015 09:33:44 PM MDT
Different country, different rules regarding what an ex is entitled to in a divorce
Yep....and I'm not schooled enough in Austria divorce laws. I was chatting with some legal friends...which I will go out on a limb here and say they are not well versed in Austria divorce laws either...but they probably knew more than me.  ;)

I figured through the legal challenges to date there would more company info divulged, but there really isn't.
Title: Re: Glock sold out?
Post by: Pablo on March 27 2015 08:38:05 AM MDT
QuoteGlock sold out?

With that SUBJECT, I thought Glock was out of Gen 3 20SF's!!   :o ;D
Title: Re: Glock sold out?
Post by: redbaron007 on March 27 2015 09:13:55 AM MDT
Quote from: Pablo on March 27 2015 08:38:05 AM MDT
QuoteGlock sold out?

With that SUBJECT, I thought Glock was out of Gen 3 20SF's!!   :o ;D
they still advertise them on their web site....the LGS is still getting new ones.......I thought they had halted production last summer.   :o
Title: Re: Glock sold out?
Post by: rw on March 27 2015 10:20:22 AM MDT
Quote from: redbaron007 on March 27 2015 09:13:55 AM MDT
Quote from: Pablo on March 27 2015 08:38:05 AM MDT
QuoteGlock sold out?

With that SUBJECT, I thought Glock was out of Gen 3 20SF's!!   :o ;D
they still advertise them on their web site....the LGS is still getting new ones.......I thought they had halted production last summer.   :o

They supposedly stopped making the regular 20 gen 3, dont know about the sf. I do know the only gen 3 20 that my dealer buddy has gotten in quite a while came form a supplier closing in new jersey not his usual sources down here in the south.
Title: Re: Glock sold out?
Post by: 4949shooter on March 28 2015 09:39:19 AM MDT
With the introduction of the new G43, I highly doubt Glock is selling out to anyone.
Title: Re: Glock sold out?
Post by: redbaron007 on March 28 2015 02:08:26 PM MDT
IIRC, the older ex-Mrs Glock was suing for about $500 million dollars. I believe she alleged in filings Glock generates $400+ million yearly in revenue. However, I haven't seen this as fact.