Walther, Interarms Sign Deal: Create Walther USA
After months of on again, off again negotiations, Karl Walther, GmBh and Interarms Inc. have struck a deal that allows the German manufacturer to regain U.S. rights to its name.
Interarms obtained the American rights to the Walther trademark in the mid-1960s in a deal negotiated by Sam Cummings, the firms late founder. The deal was to have run until 2013.
Under the agreement announced last week, Interarms will sell the Walther name and product inventories to an entity that will be called Walther USA. The new company will be the exclusive agent for Walther handguns and airguns in the United States.
Officials said Walther USA is obtaining the necessary American licenses but should be...