defence founded 2007 ; 9 years ago 2007 headquarters madison rockingham north carolina united states area served worldwide key people george kollitides ceo scott blackwell president products pistols rifles carbines shotguns ammunitions accessories clothing brands remington bushmaster advanced armament marlin firearms h & r firearms dakota arms para usa parker gun tapco barnes bullets mountain khakis revenue us 848.7 million 2009 net income us 24.4 million 1 2009 owner cerberus capital management number of employees 3 000 website www.freedom group.com freedom group is an american firearms manufacturer holding company which has acquired notable brands such as bushmaster dpms and remington arms . 2 contents 1 history 2 references 3 further reading 4 external links history edit in march 2012 robert nardelli stepped down as ceo of freedom group and as head of the operations and advisory business of cerberus capital management lp and became adviser to stephen feinberg the head and founder of cerberus . he became ceo of freedom group in september 2010 as the north carolina based gun maker searched for a permanent ceo . the new chief executive is george kollitides formerly working as managing director for cerberus who was leading the freedom group deal . 3 in december 2012 citing the sandy hook elementary school shooting as a watershed event that has raised the national debate on gun control to an unprecedented level cerberus announced it would sell all of its investments in freedom group . the private equity firm said it would retain a financial adviser to sell its interests in freedom group and would return the proceeds to investors . 4 5 the decision was made after a california pension board a cerberus stakeholder announced it would dispose of all stakes it held in firearms manufacturers that make weapons banned by state law . as of november 2015 cerberus still owns the company . references edit freedom group . ipo scoop . remington outdoor company announces management changes . business week . new york bloomberg . june 9 2015 . banerjee devin 9 march 2012 . nardelli leaves cerberus capital post to focus on own firm . bloomberg . retrieved 12 april 2012 . cerebus capitol management . cerberus capital management statement regarding freedom group inc. press release . prnewswire . retrieved 18 december 2012 . nagourney adam december 18 2012 . broad gun control efforts introduced in wake of shooting . the new york times . retrieved december 19 2012 . further reading edit singer natasha 26 november 2011 . how freedom group became the gun industry s giant . the new york times . external links edit v t e freedom group subsidiaries advanced armament corporation bushmaster firearms international h & r firearms para usa remington arms dpms panther arms marlin firearms advanced armament corporation 300 aac blackout h & r firearms h & r handy gun m50 reising v t e cerberus capital management banks bawag p.s.k. albertsons acme markets albertsons amigos carrs haggen jewel osco lucky market street pavilions randalls safeway shaw s and star market super saver tom thumb united supermarkets vons freedom group advanced armament corporation barnes bullets bushmaster firearms international dakota arms dpms panther arms h & r firearms marlin mountain khakis para usa parker gunmakers remington arms tapco yp holdings yp connecticut information services yp midwest publishing yp southeast advertising & publishing yp texas region yellow pages yp western directory yellowpages.com other blue bird corporation bluelinx holdings dyncorp hawaiian telcom silverleaf resorts spyglass entertainment steward health care system tower international official website retrieved from https en.wikipedia.org w index.php title freedom group & oldid 742866496 categories firearm manufacturers of the united statescerberus capital management companieshidden categories official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages bahasa indonesianorsk bokm l edit links this page was last modified on 6 october 2016 at 08 35 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view