Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leading manufacturer of firearms and a provider of quality accessory products for the shooting, hunting and rugged outdoor enthusiast, today announced that it has completed the acquisition of Crimson Trace Corporation (Crimson Trace), the industry leader in laser sighting systems and tactical lighting for firearms, for $95 million, subject to post-closing adjustments, utilizing cash on hand. Crimson Trace will operate as Smith & Wesson’s newly established Electro-Optics Division.

The signing of the definitive purchase agreement for the acquisition was announced on July 25, 2016, and a copy of that announcement can be found here:

Smith & Wesson will discuss the transaction during its fiscal first quarter earnings conference call, scheduled for Sept. 1, 2016.  Details of the conference call follow.