Apparently only the steel was made in Germany? It looks like quality has taken a back seat to commercialism.
From the Hen & Rooster website:
In 1983, the firm was liquidated, and the Hen & Rooster trademark and the Bertram name were acquired by James Frost of Frost Cutlery, Chattanooga, Tennessee; Howard Rabin of Star Sales, of Knoxville, Tennessee; and Hugo Schiesen of Robert Klaas, out of Solingen, Germany. After a short period of time, and prior to the retirement of Howard Rabin, Mr. James Frost bought the sole rights to the mark and distribution of all Hen & Rooster knives in the United States. Mr. Frost holds firm to the long distinguished tradition begun by Mr. Bertram; ensuring the superior craftsmanship of each Hen & Rooster knife. These pocket knives continue to be manufactured by highly skilled craftsman in Solingen, Germany. Through it's reputation of excellence, Hen & Rooster® continues carries the title of “World’s Finest Since 1845”.
Some shading of the truth here, if it was assembled in Spain?
It's still a nice knife though, and I'm sure you will get many years of service from it.
“Never give in, never give in, never; never; never; never – in nothing, great or small, large or petty – never give in except to convictions of honor and good sense” — Winston Churchill, Oct 29, 1941