Go Back  HuntingNet.com Forums > Archery Forums > Bowhunting
 Bowtech/Ross update - no buyout >

Bowtech/Ross update - no buyout

Bowhunting Talk about the passion that is bowhunting. Share in the stories, pictures, tips, tactics and learn how to be a better bowhunter.

Bowtech/Ross update - no buyout

Old 08-27-2008, 05:32 PM
  #1  
Nontypical Buck
Thread Starter
 
JeramyK's Avatar
 
Join Date: Oct 2003
Location: Pittsburgh, PA
Posts: 3,784
Default Bowtech/Ross update - no buyout

It looks like things fell through on the Bowtech/Ross deal. There is an official update on Bowtech's website : http://www.bowtecharchery.com/blog/2008/08/26/clarification-to-ross-news-release-dated-july-19-2008/

Eugene, OR (August 26, 2008)

Contrary to our prior announcement, BowTech was unable to consummate a proposed asset purchase agreement with Ross Archery, Inc. BowTech has not purchased or acquired any Ross Archery, Inc. product designs, equipment or inventories. BowTech has not assumed any of Ross Archery, Inc.’s liabilities.

However, BowTech is pleased to confirm that Andy Ross, the founder of Ross Archery, is assisting BowTech in the promotion of a new line of bows designed and produced by BowTech. BowTech’s R&D team has designed the new line of bows to feature the benefits of solid reliability and extreme accuracy; qualities that translate to immediate gratification for the demands of today’s passionate bowhunter.

BowTech manufactures and distributes the world’s finest compound bows and archery equipment. Founded in 1999, BowTech’s corporate offices and manufacturing facilities are located in Eugene, Oregon. With a worldwide distribution network, BowTech’s family of brands include: BowTech, Diamond and Ross compound bows, Octane archery accessories, Stryker crossbows, Airow Gun and WaterDog Surface Technologies. BowTech is a wholly owned subsidiary of Savage Sports Corporation, located in Westfield. MA. Savage brands include Savage Arms, Stevens, Fox, Savage (Canada), Savage Range Systems and PortaTarget.
© 2008 BowTech
JeramyK is offline  
Old 08-27-2008, 05:47 PM
  #2  
Typical Buck
 
thehairlessone!'s Avatar
 
Join Date: Apr 2006
Location:
Posts: 734
Default RE: Bowtech/Ross update - no buyout

that is strange after already seeing pictures of the bows

rick

thehairlessone! is offline  
Old 08-27-2008, 05:54 PM
  #3  
Typical Buck
 
Join Date: Sep 2006
Location: Col. Oh.
Posts: 561
Default RE: Bowtech/Ross update - no buyout

There is a new ross hanging in the shop where I bought my bow. I was told that Bowtech bought the Ross name but the Cams and risers were owned and designed by G5. Bowtech didn't find that out until after the sale.
standsleeper is offline  
Old 08-27-2008, 06:00 PM
  #4  
Senior Member
 
TEmbry's Avatar
 
Join Date: Aug 2006
Location:
Posts: 3,465
Default RE: Bowtech/Ross update - no buyout

ORIGINAL: standsleeper
Bowtech didn't find that out until after the sale.
Pretty sure research is done before multi million dollar deals are made. The deal was over buying the rights to the company, they couldnt buy them and realize later they dont truly own them. If they did...they might consider new management. lol
TEmbry is offline  
Old 08-27-2008, 06:20 PM
  #5  
 
MikeyL24's Avatar
 
Join Date: Jan 2007
Location: New York
Posts: 253
Default RE: Bowtech/Ross update - no buyout

Strange. Bowtech even went as far as putting Ross on their website. Not sure why they would do that before they finalized this deal. Pretty silly actually.
MikeyL24 is offline  
Old 08-27-2008, 06:22 PM
  #6  
Boone & Crockett
 
Rob/PA Bowyer's Avatar
 
Join Date: Oct 1998
Location: Hughesville, PA USA
Posts: 18,322
Default RE: Bowtech/Ross update - no buyout

I think you should read it again and understand what it says.
Rob/PA Bowyer is offline  
Old 08-27-2008, 07:51 PM
  #7  
Boone & Crockett
 
bigbulls's Avatar
 
Join Date: Feb 2003
Posts: 10,679
Default RE: Bowtech/Ross update - no buyout

Yes, read it again. Bowtech is producing Ross bows. They just didn't purchase any of the "mess" that was the Ross and G5 fiasco. It is an entirely new line of "Ross" bows that aren't based on any of the old Ross / G5designs, patentsor bows.
bigbulls is offline  
Old 08-27-2008, 07:54 PM
  #8  
Senior Member
 
TEmbry's Avatar
 
Join Date: Aug 2006
Location:
Posts: 3,465
Default RE: Bowtech/Ross update - no buyout

So Ross just jumped ship away and left the other company to sink. Cant say I blame them with that huge G5 ordeal.

Be interesting on the new line of bows and how they are marketed against the diamond line.
TEmbry is offline  
Old 08-27-2008, 08:24 PM
  #9  
 
Buellhunter's Avatar
 
Join Date: Nov 2004
Location: La Porte CityWaterloo Iowa
Posts: 1,589
Default RE: Bowtech/Ross update - no buyout

I have already sold 4 new 2009 Ross bows that were made by Bowtech
Pretty sure the "deal" went thru
Buellhunter is offline  
Old 08-27-2008, 08:35 PM
  #10  
Giant Nontypical
 
TFOX's Avatar
 
Join Date: Feb 2003
Location: HENDERSON KY USA
Posts: 6,634
Default RE: Bowtech/Ross update - no buyout

ORIGINAL: Buellhunter

I have already sold 4 new 2009 Ross bows that were made by Bowtech
Pretty sure the "deal" went thru
That's what I was thinking.I saw one in the shop the other day and thought it was an extrememly nice looking bow.


Just read this sentence.Pretty sure they have Ross in there.

BowTech’s family of brands include: BowTech, Diamond and Ross compound bows, Octane archery accessories, Stryker crossbows, Airow Gun and WaterDog Surface Technologies.
TFOX is offline  

Quick Reply: Bowtech/Ross update - no buyout


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.