ZEV Technologies, Inc. and Mega Arms, LLC Announce Merger

[UWone77]

ZEV Technologies, Inc. and Mega Arms, LLC Announce Merger

Oxnard, CA – January 26, 2017 – Today ZEV Technologies, Inc. and Mega Arms, LLC announced their plans to combine the companies.
ZEV Technologies Chairman and CEO, Matt Ridenour, said, “We are tremendously excited about what this combination brings to the market. Both of our brands are focused on top tier products, and our customers are very excited about ZEV’s addition of a line of AR and rifle products.”

Mega Arms President, Mike Miller, will immediately take responsibility for ZEV’s and Mega’s manufacturing operations. According to Miller, “These two companies fit together like a puzzle. We will bring our Quality Management System and manufacturing experience, and ZEV brings amazing design, engineering, and marketing skills and the financial strength to facilitate our continued growth”.

Ridenour commented that “I want to emphasize to customers of both companies that, in the near term, nothing will change in our approach to the market. Both brands and product lines will remain in place. We will use 2017 as an opportunity to talk to our customers and evaluate all the ways to add value through the combined company”.

About ZEV Technologies: ZEV designs and manufacturers upgrade accessories for pistols and operates facilities in Oxnard, California and Centralia, Washington. www.zevtechnologies.com

ZEV Technologies, Inc. ZEV Technologies, Inc.
Headquarters Manufacturing
1051 Yarnell Place 3712 Northpark Drive
Oxnard, CA 93033 Centralia, WA 98531

About Mega Arms: Mega Arms manufacturers high-end AR and rifle products and operates a facility in Centralia, Washington. www.megaarms.com

Mega Arms, LLC
3507 Northpark Drive
Centralia, WA 98531

For information contact:
Dave Roberts
VP Marketing - ZEV Technologies
dave@zevtechnologies.com
805-330-8826

[GOST]

Very interesting merger.

[SINNER]

Seems like they both could gain tremendously by that merger.

[voodoo_man]

Sweet.

[UWone77]

I heard this rumor awhile ago, honestly surprised it actually happened. Looking forward to seeing where this takes both companies.

[Pyzik]

Big news for ZEV. For Mega too I'm sure.
I wonder if this is MEGA diversifying in what is a saturated AR market.

[UWone77]

Already posted.... and merged.

[Pyzik]

Already posted.... and merged.

Damn it I looked too. FAIL.

[voodoo_man]

Big news for ZEV. For Mega too I'm sure.
I wonder if this is MEGA diversifying in what is a saturated AR market.

More likely Mega picking up an good entry into the Glock world.

It is difficult for AR brands to get into the pistol world.

[Aberration79]

Two companies I would like to have products from.


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[fledge]

I noticed that Zev had taken over Mega's IG account. You can't tag Mega anymore. I stopped following them because it's 80% Zev pistol pics (and I don't like their style). Is Mega changing its name to Zev now too?

[UWone77]

I noticed that Zev had taken over Mega's IG account. You can't tag Mega anymore. I stopped following them because it's 80% Zev pistol pics (and I don't like their style). Is Mega changing its name to Zev now too?

We talked to ZEV awhile back. They are keeping the Mega brand, but about a month ago merged all social media accounts to just ZEV. I don't think this is a good move personally, especially if they plan on keeping the Mega name/brand out there... precisely because of the reason you just stated. Their pictures are mostly of their pistols, and any rifle shots I've seen are with the pistols...but then again I'm not the manager of a multi-million dollar entity, so I'll just sit back and enjoy my Mega Rifles and ZEV pistols.

[SINNER]

Did ZEV buy MEGA? I thought it was the other way around. Surprised ZEV had that kind of capital.

[Dstrbdmedic167]

Did ZEV buy MEGA? I thought it was the other way around. Surprised ZEV had that kind of capital.

Yes Zev purchased Mega. When you sell $2k glocks it adds up fast. Lol


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[fledge]

Mega does need help with marketing. Their website is horrible and they need fewer billboard logos on their rifles. But the quality overshadows those hurdles. To me, ZEV is a clash with the Mega audience rather than enhancement. Oh well, whatevs. ZEV may only want Mega's machining book of business.