Smith & Wesson total purchase price to US$45 million. Saf-T-Hammer, a manufacturer of firearms locks and other safety products, purchased the company with the intention of incorporating its line of security products into all Smith & Wesson firearms in compliance with the 2000 agreement. The acquisition of Smith & Wesson was chiefly brokered by Saf-T-Hammer President Bob Scott, who had left Smith & Wesson in 1999 because of a disagreement with Tomkins’ policies. After the purchase, Scott became the president of Smith & Wesson to guide the 157-year-old company back to its former standing in the market. On February 15, 2002, the name
Smith & Wesson Model 52 Smith & Wesson Model 52 The Smith & Wesson Model 52, sometimes referred to as the 38 Master, is a semi-automatic pistol developed by Smith & Wesson for Bullseye shooting. It was one of the first semiautomatic pistols chambered in .38 Special with flush-seated, full wadcutter bullets. The shape of the rimmed cartridge limited the magazine capacity to five rounds. A variant, known as the Model 952, in 9 mm Parabellum, is still produced in limited quantities by Smith & Wesson's Performance Center. The Model 52 was discontinued in 1992 when the machinery to manufacture the pistol broke down and