Right, a complicated story. Fender bought Kaman in 2010 or 2011, Takamine decided to leave Fender in 2015 and go indie (I just found this out tonight...I thought Takamine was still at Fender and had no idea about their KMC connection), and around the same time, FMIC sold Kaman to JAM in Canada, and nww Takamine is distributed by Kaman, who has resurrected both Hamer and Ovation, Hamer being another brand that quit selling major and FMIC shut down.
Fender gave SWR every chance to succeed for 10 years.