The story
In 1999, the civilian gun segment of the Mauser firearms company was separated from the military segment and was purchased by the German investors Michael Lüke and Thomas Ortmeier. Mauser Jagdwaffen GmbH (German for 'Mauser Hunting Weapons Ltd.') was established as a new company, with its base being situated in Isny im Allgäu in southern Germany. Rifles are produced there exclusively for the hunting/sporting sector. Mauser Jagdwaffen GmbH resumed the production of the Mauser models M 98 and M 98 Magnum again, according to the original drawings and respective Mauser patents of the Gewehr 98 and Karabiner 98k.
In 2000, Mauser Jagdwaffen GmbH and its European sister companies (J.P. Sauer & Sohn, Blaser and Swiss Arms) were unified by the German investors Michael Lüke and Thomas Ortmeier under the SIGARMS name.
In 2003, Mauser Jagdwaffen GmbH introduced the M 03 hunting/sporting bolt-action rifle.
On October 1, 2007, SIGARMS officially changed its name to SIG Sauer. This change of name reflected how SIG Sauer had become one of the largest firearms manufacturing entities in the world. It is also the fastest-growing firearms maker in the United States, expanding its operations and increasing sales nearly 50% since 2005. SIG Sauer has recently tripled its work force and invested eighteen million dollars into state-of-the-art manufacturing facilities and equipment.
The various contemporary Mauser rifle models are produced in Isny im Allgäu, Germany, and sold under the brand name Mauser Jagdwaffen GmbH.
From Wikipedia’s article on Mauser Jagdwaffen GmbH, shared under CC BY-SA 4.0.4