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Acquisition. On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins plc for US$15 million, a fraction of the US$112 million originally paid by Tomkins. What does M and P stand for Smith and Wesson? The M&P supposedly stands for Military & Police. … Smith and WessonRead More →

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Beginning in 1953, it exported revolvers to the U.S. market through a series of importers. In 1962, the Bangor Punta Corporation, then the parent company of Smith & Wesson, purchased 87 percent of Forjas Taurus, allowing the two firearms manufacturers to easily share information regarding design and manufacturing. Did TaurusRead More →