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Benelli owns Perazzi?

5223 Views 6 Replies 7 Participants Last post by  cubancigar2000
Scuttlebutt has it that Perazzi was going under due to losses to Litt and to the poor shotgun market in general. Rumor is that Benelli, a division of Beretta, bought Perazzi to save them. Anyone hear anything concrete?
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Long story, short: Yes, but it is Beretta, who owns Benelli.

I also has much to do with Litt and the excessive spending by the son-in-law of Perazzi, their jet, and Africa.

Beretta did/does until recently own or owned 49% of Perazzi. There were some issues that I won't go into regarding how Perazzi paid Beretta then, but Beretta alleges that it was stiffed quite a bit then.

I have this information from an Italian manufacturer.

Perazzi did not make the new TM9 either, and it was made without a designer. Perazzi let their top designer go or he left on his own. I do not have the particulars.

This Perazzi/Beretta thing was in the mill at least 6 months ago when I was let in on it.

Anyone have any current info on Litt?
 

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I consider myself lucky to get my money back from Andrew Litt, given their (and his) problems. I bought several guns and barrels from them over the years but he downright lied to me on my last deal (a MX20-28 combo). I returned it via Charles Schneibel and my credit card was later credited. Just a bit later the you-know-what hit the fan.

I was one of their biggest fans for years and was stunned to hear about their collapse. I bet Perazzi took it in the shorts.
 

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This rumor has surfaced many, many times but this is the first time Benelli has been in the mix.

The Beretta family owns Benelli, Stoeger, Uberti, Franchi, Buris and Steiner.

Beretta does not own Perazzi. They have bailed them out at least twice in the past but only "loaned" them money.

Could be Beretta is calling in the loan. I know Perazzi sales are in the tank.
 
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