Yahoo · Sep 28, 2026
Powell Max Acquires Minority Stake in Remington Firearms Parent Blackrod
Powell Max Limited (NASDAQ:PMAX) has acquired an initial minority stake in Blackrod Holdings and secured a 12-month exclusivity period to negotiate a potential acquisition of the remaining ownership interests. Key Investor TakeawaysPowell Max (NASDAQ:PMAX) signed a share exchange agreement with Blackrod Holdings, the parent company of Remington Firearms, and initially acquired a minority stake.

