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Shooting Industry June 2010 - Page 11
L Leupold Launches Tactical Optics Division eupold & Stevens has launched a new Tactical Optics Division. “The enhancement and development of the tactical division is key to the company’s continued growth and success, and Leupold & Stevens brings a unique and diverse set of capabilities to the tactical optics sphere,” said Christopher Leupold, who serves on the board of directors. Kevin Trepa, vice president of tactical sales and marketing, leads the new division. “Building on Leupold’s long heritage in the shooting sports and relying on our 600-employee, Oregon-based manufacturing capability, the Tactical Optics Division will enhance the company’s ability to respond rapidly to battlefield requirements and product service needs anywhere in the world,” Trepa said. For more information, visit www. leupold.com. C Compass Diversified Acquires Liberty Safe ompass Diversified Holdings (CODI) announced in March that it has entered into an agreement to acquire Liberty Safe and Security Products Inc. For the year ending Dec. 31, 2009, Liberty reported revenue of $73.8 million. “Demand among avid shooting sports enthusiasts remains healthy, and we expect to benefit from increasing awareness of the need for safe storage of firearms. In addition, we believe there is a largely untapped market for premium home safes that represents an important growth avenue for the company going forward,” said Joe Massoud, CEO of CODI. Jeff Talley, Liberty president and CEO, will continue in that position. For more information, visit www. codi.client.shareholder.com and www. libertysafe.com. www.shootingindustry.com JUNE 2010 11