Robert Nioa: Look at what works. So there's been multiple facets to that.
Firstly, it's our strategy development of what we wanted to do as a company… how we wanted to grow. You know, we've been geographically located in Australia, with a small-ish market.
But with weapons and munitions we were looking at a growth strategy, how do we, how do we grow?
You can largely grow by either, you know, going into products, which are adjacent to your core competencies, where you can stick to your core competency. Our core competency is guns and ammo.
So we've grown very large in Australia, we're now the largest supplier of weapons of munitions to the Australian Department defense. So if we were going to continue to grow, we had to grow geographically.
And the biggest market in the world is American.
So we set an objective to look towards the American market some years ago. But we were absolutely going to stay true to weapons and munitions only, we didn't want to diversify into other things.
And we've had a very long, very successful relationship and happy relationship with the Barretts -as a company and family for more than 15 years now.
We love - we’ve always loved - the company; always loved the brand.
The staff and the people that we've worked with, both had the same culture, very easy fit with our company.
So it was a very natural fit from a personnel side of things.
So, you know, from the business point of view..it makes sense when we're all gun people.
There's no no better gun than the Barrett.
They also service all markets that we want to be involved in, which is sporting, law enforcement and military.
It was very important, those military credentials and military contracts.
But also critical is the sporting market.
Because, you know, we run a mixed business with sporting, law enforcement and military. That’s the business model that we really, we really want to maintain.
Because in the sporting market sales happen every single day.
You know, military contracts can be quite lumpy.
And to me, whenever we were going to do, we wanted a business that achieved a balance between those two things. And it had to have the ability to continue in that life.
So for us, it was just a magnificent fit at all levels - in a personal family, cultural quality of the product, the geographic location that the market segments, global distribution, you know, gets us into markets all over the world.
And there are very few brands that you can go and find that see that have such an exemplary reputation. Every single person I've spoken to, since this has become public, that just said, “What a magnificent brand, you just should be so proud of what you've acquired.”
And we are.
So you know that all of that whole formula just made it a very natural decision for us to want to pursue this.