Who owns Taurus guns?

Who Owns Taurus Guns?

Taurus Guns is a renowned American manufacturer of firearms, and finding out who owns them requires a closer look at their history, subsidiaries, and parent companies.

History of Taurus Guns

Taurus is a Brazil-based company, but their guns are primarily designed, manufactured, and sold in the United States. Taurus was founded in Brazil in 1941 under the name Forjas Tirador Metalurgicas Ltda. In 1982, the company renamed itself Taurus da Brasil S.A.

Taurus initially focused on manufacturing air guns, rifles, and shotguns, but shifted their attention to revolvers and pistols in the late 1970s and early 1980s. The company entered the US market in 1968 and quickly gained recognition for their affordable, durable, and high-quality guns.

Taurus’s Parent Company: Fosurna International Corp.

Fast forward to the 1980s, when a group of American investors bought a majority stake in Taurus da Brasil S.A. and created Taurus International, Inc. The company was restructured in 1991 under a new parent company called Taurus International Inc., but in 1994, the company’s financial problems led to its Chapter 11 bankruptcy filing.

Fortunately, a group of US investors, led by company founder George Kellgren, acquired the Taurus trademarks, patents, and existing inventory in 1998, forming Fosurna International Corp. Since then, Fosurna has been the primary entity responsible for overseeing the day-to-day operations and expansion of Taurus.

Fosurna’s Subsidiaries:

Fosurna International Corp. is listed as the ultimate parent company of Taurus Arms Management US, Inc. In its annual reports and Securities Exchange Commission (SEC) filings, Fosurna references the following subsidiaries:

Taurus USA: a US-based company that deals with the distribution and management of Taurus guns

Taurus do Brazil: the original Brazilian arm of Taurus da Brasil S.A.

Bersa USA: Fosurna also acquired Bersa, a highly respected Argentine gun manufacturer. Bersa produces premium sidearms and accessories for police, military, and recreational use.

Growth and Partnerships Under Fosurna:

Since joining forces with Fosurna, Taurus Guns has experienced significant growth. The company has:

Expanded Product Lines:

• Introduced the Taurus Tracker Series: a line of rimfires designed for hunting and precision shooting
• Rolled out the Taurus T4 Series: a group of semi-automatic pistols targeting the law enforcement and professional markets
• Produced the Taurus RTF Series: a high-performance line of recoil reduction firearms

Invested in Research and Development (R&D):

• Developed innovative traction controls for the Tracker series
• Launched the Taurus Critical Defense: a unique range of self-defense and shooting accessories

Struck Partnerships and Collaborations:

• Part of the Gunpowder Foundation’s Law Enforcement Training Program
• Partnered with the National Rifle Association (NRA)
• Collaborated with shooting icons like Walmart Ambassadors for advertising campaigns

Funding and Financial Stability:

Taurus and Fosurna work together to secure investments for the company’s expansion plans. In their recent quarterly reports, Taurus shows a steady financial trajectory. Here are some significant developments:

Revenue Growth:

Conclusion: Taurus Guns Under Fosurna:

In conclusion, who owns Taurus guns is Fosurna International Corp., with subsidiaries that include Taurus Arms Management US, Inc. As the ultimate parent company, Fosurna manages the day-to-day operations, product development, and distribution of Taurus Firearms. With significant financial resources, partnerships, and focus on innovation, Fosurna and Taurus have solidified their place in the American gun-making industry.

Table 1: Taurus Financial Progress

For Fosurna International Corp., the long-term stability and growth of Taurus Guns are top priorities, ensuring the brand continues to deliver high-quality, accurate, and affordable firearms for recreational and professional shooters.

References:

Fosurna International Corp. Annual Reports and 10-K SEC filings; Taurus Guns company records and press releases