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 39 wadcutter bullets only). The shape of the rimmed cartridge limited the magazine capacity to five rounds. A further variant, the Model 952, in 9mm Luger, 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 it was deemed too costly to replace. The Model 39 was the basis for the later Smith & Wesson Model 59, retaining the original 9mm Parabellum caliber, but incorporating a wider aluminum frame with a straight backstrap to accommodate a double-column magazine that could hold 14