What is the wisdom of the fire say about this...revoltin' development?

ammo sale

first Colt now this. there was one other CZ acquisition I can't remember

Well, it's not chyna.

I dare not say what I am thinking.
PJ

Does it really matter which giant, soulless investment firm owns it?

There must be a half dozen contradictory news releases out there currently:



PRAGUE, March 26 (Reuters) - Czech gunmaker Colt CZ Group (CZG.PR), opens new tab said on Tuesday it had sold all its shares in U.S. sporting and outdoor products group Vista Outdoor (VSTO.N), opens new tab after a rejected bid last year, as it turned focus to its planned acquisition of another group.
Colt CZ also reported on Tuesday revenue rose 1.8% year-on-year in 2023 to 14.86 billion crowns ($638.5 million), helped by a record fourth quarter and the start of a recovery in the U.S. market.



Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell 9.4% to 3.05 billion crowns last year, in line with the company's outlook. The company proposed an unchanged 30 crown per share dividend.
Colt CZ is forecasting revenue to rise up to 19.8% on a standalone basis and by up to 48.1% when factoring the expected contribution of its planned acquisition of Czech small-calibre ammunition maker Sellier & Bellot.

That's interesting in that it doesn't state who they sold the shares to.

Federal 30.06 w/Sierra 165gr Sierra GameKing - how much for a box now?? Probably a bit more, if they will still offer it. I'm glad I laid in a bunch of that load over the last decade.

Good point!

Just 1 more reason that you better have the capability to reload and make your own ammo. Mb

Dan Wesson I think

...with components all made by the Czechoslovak Group...

Oh yea...because reloading components are easy to get when things get weird. They are the first to go.

There's a cookie wall over it. Can you reproduce it in this thread?

The SEC has declared effective Revelyst’s registration statement on Form S-4 in connection with Vista Outdoor’s sale of The Kinetic Group business to Czechoslovak Group
Transaction will unlock stockholder value and support long-term growth of Revelyst and The Kinetic Group
Vista Outdoor to hold a special meeting of its stockholders to consider and vote on a proposal to approve the transaction on May 16, 2024


ANOKA, Minn.--(BUSINESS WIRE)--Mar. 22, 2024-- Vista Outdoor Inc. (“Vista Outdoor”) (NYSE: VSTO) announced today that the U.S. Securities and Exchange Commission (the “SEC”) has declared effective the registration statement on Form S-4 (the “Registration Statement”) filed by its subsidiary Revelyst, Inc. (“Revelyst”), in connection with the proposed acquisition by Czechoslovak Group a.s. (“CSG”) of Vista Outdoor’s The Kinetic Group business (the “Transaction”).

The announcement is a key achievement in Vista Outdoor’s strategic plan to unlock value by separating its Revelyst and The Kinetic Group segments into separate companies.

“We are excited to reach this important milestone as we position The Kinetic Group and Revelyst for long-term success,” said Michael Callahan, Chairman of the Vista Outdoor Board of Directors. “We believe the proposed sale provides is the best strategic alternative to maximize value for stockholders.

Callahan continued, “The Board remains steadfast in our support for the proposed transaction and the value it will create for our stockholders. CSG’s ownership of our American-based ammunition brands will provide the communities where our plants are located and our 4,000 workers here in the United States and The Kinetic Group’s experienced US-based executive management team with a steady, long-term owner that is fully committed to investing in the American workforce, American hunters and domestic and allied military and law enforcement partners. On the Revelyst side, with an energized senior management team, the GEAR Up transformation plan ensures that the segment is well-positioned to thrive as a standalone public company and deliver greater value for our stockholders.

“Our teams have dedicated significant time and energy preparing to transform Revelyst into a standalone publicly traded company, and we are excited for our brands, our employees and our stockholders to realize the benefits,” said Eric Nyman, CEO of Revelyst. “We have a clear line of sight to a solid foundation through the GEAR Up transformation program, which is expected to drive $100 million of run rate cost savings by fiscal year 2027. As we look ahead to Revelyst being a standalone company post-separation, our brand-led consumer obsessed and maker-fueled culture is coming into shape. We are positioned well with winning brands, an efficient structure, a strong balance sheet post-separation and the right people to drive stockholder value.”

Vista Outdoor also announced today that it has established the record date and meeting date for the special meeting of its stockholders (the “Special Meeting”) to, among other things, consider and vote on a proposal to approve the Transaction. The Special Meeting will be held virtually on May 16, 2024, at 9:00 a.m. Central Time. Vista Outdoor’s stockholders of record as of the close of business on April 1, 2024, will be entitled to vote at the Special Meeting.

The Registration Statement being declared effective by the SEC and the scheduling of the Special Meeting build on the progress made with respect to completing the Transaction. On December 11, 2023, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or the HSR Act, expired. On January 5, 2024, the UK Investment Security Unit approved the Transaction under the United Kingdom National Security and Investment Act of 2021. CSG and Vista Outdoor have filed a joint voluntary notice with the Committee on Foreign Investment in the United States, or CFIUS, with respect to the Transaction, and the teams continue to work with CFIUS to obtain its clearance.

“Revelyst’s registration statement being declared effective by the SEC moves The Kinetic Group one step closer to beginning our new chapter as part of CSG, which solidifies our strategic direction and will underpin investments in our employees, brands and local communities,” said Jason Vanderbrink, CEO of The Kinetic Group. “CSG is a strategic, long-term owner that is fully committed to our iconic American brands, our hunting and recreational shooting heritage and supporting our American and allied law enforcement and military partners. They are a highly successful global company with experience in our industry and are uniquely positioned to create and enhance American jobs by expanding our domestic production capabilities and global distribution network. We are excited for the opportunities that the CSG transaction will bring to our company and employees.”

The Transaction remains subject to receipt of the remaining required regulatory approvals, the approval of Vista Outdoor’s stockholders and other customary closing conditions.

About Vista Outdoor Inc.

Vista Outdoor (NYSE: VSTO) is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. Brands include Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal Ammunition, Remington Ammunition and more. Our reporting segments, Outdoor Products (Revelyst) and Sporting Products (The Kinetic Group), provide consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. For news and information, visit our website at www.vistaoutdoor.com.

About Revelyst

Revelyst, a segment of Vista Outdoor Inc. (NYSE: VSTO), is a collective of world-class maker brands that design and manufacture performance gear and precision technologies. Our category-defining brands leverage meticulous craftsmanship and cross-collaboration to pursue new innovations that redefine what is humanly possible in the outdoors. Portfolio brands include Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing and more. For more information, visit our website at www.revelyst.com.

Forward-Looking Statements

Some of the statements made and information contained in this press release, excluding historical information, are “forward-looking statements,” including those that discuss, among other things: Vista Outdoor’s plans, objectives, expectations, intentions, strategies, goals, outlook or other non-historical matters; projections with respect to future revenues, income, earnings per share or other financial measures for Vista Outdoor; and the assumptions that underlie these matters. The words “believe,” “expect,” “anticipate,” “intend,” “aim,” “should” and similar expressions are intended to identify such forward-looking statements. To the extent that any such information is forward-looking, it is intended to fit within the safe harbor for forward-looking information provided by the Private Securities Litigation Reform Act of 1995.

Numerous risks, uncertainties and other factors could cause our actual results to differ materially from the expectations described in such forward-looking statements, including the following: risks related to the Transaction, including (i) the failure to receive, on a timely basis or otherwise, the required approval of the Transaction by our stockholders, (ii) the possibility that any or all of the various conditions to the consummation of the Transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals), (iii) the possibility that competing offers or acquisition proposals may be made, (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement relating to the Transaction, including in circumstances which would require Vista Outdoor to pay a termination fee, (v) the effect of the announcement or pendency of the Transaction on our ability to attract, motivate or retain key executives and employees, our ability to maintain relationships with our customers, vendors, service providers and others with whom we do business, or our operating results and business generally, (vi) risks related to the Transaction diverting management’s attention from our ongoing business operations and (vii) that the Transaction may not achieve some or all of any anticipated benefits with respect to either business segment and that the Transaction may not be completed in accordance with our expected plans or anticipated timelines, or at all; impacts from the COVID-19 pandemic on our operations, the operations of our customers and suppliers and general economic conditions; supplier capacity constraints, production or shipping disruptions or quality or price issues affecting our operating costs; the supply, availability and costs of raw materials and components; increases in commodity, energy, and production costs; seasonality and weather conditions; our ability to complete acquisitions, realize expected benefits from acquisitions and integrate acquired businesses; reductions in or unexpected changes in or our inability to accurately forecast demand for ammunition, accessories, or other outdoor sports and recreation products; disruption in the service or significant increase in the cost of our primary delivery and shipping services for our products and components or a significant disruption at shipping ports; risks associated with diversification into new international and commercial markets, including regulatory compliance; our ability to take advantage of growth opportunities in international and commercial markets; our ability to obtain and maintain licenses to third-party technology; our ability to attract and retain key personnel; disruptions caused by catastrophic events; risks associated with our sales to significant retail customers, including unexpected cancellations, delays, and other changes to purchase orders; our competitive environment; our ability to adapt our products to changes in technology, the marketplace and customer preferences, including our ability to respond to shifting preferences of the end consumer from brick and mortar retail to online retail; our ability to maintain and enhance brand recognition and reputation; others’ use of social media to disseminate negative commentary about us, our products, and boycotts; the outcome of contingencies, including with respect to litigation and other proceedings relating to intellectual property, product liability, warranty liability, personal injury, and environmental remediation; our ability to comply with extensive federal, state and international laws, rules and regulations; changes in laws, rules and regulations relating to our business, such as federal and state ammunition regulations; risks associated with cybersecurity and other industrial and physical security threats; interest rate risk; changes in the current tariff structures; changes in tax rules or pronouncements; capital market volatility and the availability of financing; foreign currency exchange rates and fluctuations in those rates; general economic and business conditions in the United States and our markets outside the United States, including as a result of the war in Ukraine and the imposition of sanctions on Russia, the COVID-19 pandemic, conditions affecting employment levels, consumer confidence and spending, conditions in the retail environment, and other economic conditions affecting demand for our products and the financial health of our customers.

You are cautioned not to place undue reliance on any forward-looking statements we make, which are based only on information currently available to us and speak only as of the date hereof. A more detailed description of risk factors that may affect our operating results can be found in Part 1, Item 1A, Risk Factors, of our Annual Report on Form 10-K for fiscal year 2023, in Part II, Item 1A, Risk Factors, of our Quarterly Report on Form 10-Q for the third quarter of fiscal year 2024, and in the filings we make with the SEC from time to time. We undertake no obligation to update any forward-looking statements, except as otherwise required by law.

No Offer or Solicitation

This communication is neither an offer to sell, nor a solicitation of an offer to buy any securities, the solicitation of any vote, consent or approval in any jurisdiction pursuant to or in connection with the Transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

Additional Information and Where to Find It

These materials may be deemed to be solicitation material in respect of the Transaction. In connection with the Transaction, Revelyst, a subsidiary of Vista Outdoor, filed with the SEC a registration statement on Form S-4 in connection with the proposed issuance of shares of common stock of Revelyst to Vista Outdoor stockholders pursuant to the Transaction, which Form S-4 includes a proxy statement of Vista Outdoor that also constitutes a prospectus of Revelyst (the “proxy statement/prospectus”). INVESTORS AND STOCKHOLDERS ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING OUR PROXY STATEMENT/PROSPECTUS, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES TO THE TRANSACTION. The registration statement was declared effective by the SEC on March 22, 2024, and we will mail the definitive proxy statement/prospectus to each of our stockholders entitled to vote at the meeting relating to the approval of the Transaction. Investors and stockholders may obtain the proxy statement/prospectus and any other documents free of charge through the SEC’s website at www.sec.gov. Copies of the documents filed with the SEC by Vista Outdoor are available free of charge on our website at www.vistaoutdoor.com.

Participants in Solicitation

Vista Outdoor, Revelyst, CSG Elevate II Inc., CSG Elevate III Inc. and CZECHOSLOVAK GROUP a.s. and their respective directors, executive officers and certain other members of management and employees, under SEC rules, may be deemed to be “participants” in the solicitation of proxies from our stockholders in respect of the Transaction. Information about our directors and executive officers is set forth in our proxy statement on Schedule 14A for our 2023 Annual Meeting of Stockholders, which was filed with the SEC on June 12, 2023, and subsequent statements of changes in beneficial ownership on file with the SEC. These documents are available free of charge through the SEC’s website at www.sec.gov. Additional information regarding the interests of potential participants in the solicitation of proxies in connection with the Transaction, which may, in some cases, be different than those of our stockholders generally, is also included in the proxy statement/prospectus relating to the Transaction.



View source version on businesswire.com: https://www.businesswire.com/news/home/20240322978015/en/

Investor Contact:
Tyler Lindwall
Phone: 612-704-0147
Email: [email protected]

Media Contact:
Eric Smith
Phone: 720-772-0877
Email: [email protected]

Source: Vista Outdoor Inc.

It's just an advisory telling you that the site uses cookies. IIRC, it's a European Union requirement for sites based in the EU. It's not the same as a pay wall. Just accept the cookies and you can read the article.

You don't even have to accept them.
Hit the button to get choices, then hit reject.





My thoughts exactly.


I'd rather have one company owned by China/ Russia, than almost a whole industry be an investment group that is largely owned by Vanguard/Blackrock/ Berkshire Hathaway. Good chance that those three combined own a majority share.
In turn they own parts of each other and share board members.

Think of a genetic crime family owning the whole F'n town, individually but working
for mutal benefit.




Did the digging, my estimates were off, but real numbers reinforce the point.

Blackrock has 15%, the largest holder.
Vanguard 8.4%, #2
Gates capital, 7%, #3


11 funds own over 50%.
Only 17% is owned by individuals.
The CEO holds .7%. Tremendous value, but of no consequence.

That's why you don't wait.

I wonder how many people wait until their tank is empty and they're sitting on the side of the road before they buy gas??

I had 3/4 tank yesterday when I ran to a town 12 miles South of us. Gas was $.17 cheaper per gallon down there.

I filled up even though I didn't need to. Yes, it may be even less in our town tomorrow but it's a gamble I was willing to take.

It amazes me how many people keep just enough ammo or loading components on hand and then belly ache when there is a bit of a shortage.

Those same people will be in the same boat when there is another shortage every ten years.

And you don’t have to wait 10 years for a shortage anymore. The next shortage starts before the last one has ended now.

I have been handloading for well over 40 years and have enough components on hand to shoot for the rest of my life. The things I don't handload, 22LR, 12 Ga, 410 etc... I have several thousand rounds stocked up. If you did not see this sort of thing happening you are either blind or stupid.

If you haven't stocked up before now then you have nobody to blame but yourself. I began laying in large amounts of loading components (in addition to what I already had) when Joey took office.

Same. Started stocking up on things in my 20s. Find good buys from old timers and bought up what they had.

Me also. I cannot shoot up all the components I have on hand. When ammo was unobtainable I would load 20 at a time for friends if they used .277 or .308 and I had the dies. Always loaded fairly mild middle of the road powder charges for others. There was a time when .30-06, .270W, and .308W could only be bought online from scalpers.

We won't go without ammo here.

Exactly.

Or didn’t have enough disposable income to invest the thousands of dollars on it. Some of us were pretty played out financially raising a family.

Virtue signaling about owning all that is like posting a pics of a garage full of expensive hot rods in response to a guy looking for an affordable car for his kid.

No foreign company should own any damn thing in this country. Whether it be eurotrash, yellow Chinese, or anyone.

Yes, there should be no foreign ownership, but that ship has sailed a LONG time ago.

And it's what investment owned / controlled companies do, all in the name of increasing stockholder value.

Lots of phony synergies & paper efficiency gains, almost none of which are ever really realized.

In the meantime, the stock value goes up, short term, & the big, institutional stockholders sell at a nice profit.

And the cycle will repeat, likely with some of the groups being sold off.

MM

While I agree with the nationalist sentiment, Wall Street will sell this country out for the smallest percentage increase to their portfolio. Those woke Silicon Valley firms are all owned by Americans, but that doesn't stop them from hurting this country to improve their bottom line. Character matters. Education matters. People who have nothing but contempt for their own country and its institutions are dangerous. People who have lived sheltered lives, never learned common sense, but who are highly specialized in one area and given immense power, are also dangerous.

This ^^^^^^


Even with today's record reloading prices, a pound of powder still only costs the same as taking the wife out to dinner in a sit down restaurant. A sleeve of primers costs about the same as a McMeal. I did not get my stash by burning thousands of dollars at a time. $10 this week. $30 a couple weeks from now. It's all about priorities.

Got a Lee starter kit for Christmas from the inlaws when first married in '97. I never even put it together until I bought a buddy out for $200 a couple years later.

Press, dies, electronic and beam scales, etc. Some powder and bullets.

A pound of powder here. A box of bullets there. Bought some brass and had 1x fired brass from factory loads.

Bought primers or powder from an old gun nut who would buy guns, scopes or anything else shooting related at auctions then hit me up with loading stuff he had for sale that were included in some of his purchases.

In all reality I bet I have spent less than $1k on loading tools. Far more on components nut those are generally bought a few at a time unless a new cartridge and needing brass, bullets and dies, etc.

It can be done just takes time. If getting started now I would.put the cart ahead of the horse and get components first. Tools have been easy to get.

Nonsense.


How many tens of thousands of rounds of 577 Snyder do you have on hand?

Personally, I’m pretty well set up. I’m well stocked, though could always use more . If I stopped buying components and only kept what I have now I’d be fine for along time. I started out almost 20 years ago doing the same thing. I have a press my uncle gave me that was made by my great uncle, bought here and there etc. But imagine being a single income dude in his 20’s with a family looking to get into it now. It’d take a lot more to get started. That’s all I’m saying.

Vista, making about 3/5 - 3/4 of all the primers & RF ammo made in the US.

Some say; CSG wouldn't pay that kind of money just to shut it down, or move it halfway around the world.

Maybe not, but if things got really hot in Europe CSG could certainly divert completed product to where ever they see fit(bring the highest price). And that wouldn't bloody likely be the American hunter or sport shooter.

Trust me I didn't toss "thousands" of dollars into it. Just a few bucks each and every paycheck while still taking care of my family. Primers here, bullets there, powder over that a way, brass whenever you find it. It's called planning ahead and investing in things that will come in handy. Hell I still pick up items whenever I find them like a couple of pounds of Varget Powder I found on the shelf. I have quite a bit of it already but you must take advantage of every opportunity.

I remembered what happened when OBozo took over and saw the writing on the wall with Joey. If you didn't then you weren't paying attention.

I don't have a rifle chambered for that round. So why would I give a damn about having any ammo for it? Asking such a question is beyond stupid. Now if you want to talk about 308 Win, 7mm Rem Mag, 6.5x55 Swedish, 9.3x62 Mauser and 375 H&H Mag I can put my hands on at least 1000 rounds for each right now and have the components to load at least 1000 rounds of each.

I started stocking up in August 2008 before the installation of the new leader in November. Then I consolidated everything to calibers that are common to a widespread area in my neck of the woods. I will continue to buy things to be self sufficient and not dependent on any retailer for my ammo.

I certainly agree with that sentiment at least as far as critical "infrastructure" related industries goes..............and that include ammunition and component manufacturing.

As for other things, yeah, it would be great to make a concerted effort for the US to be completely self reliant again, but unfortunately that's not a possibility in today's world . Having so many mfgd goods coming from an avowed enemy such as China just does not strike me as being very intelligent.

These giant corporations aren't really "people".... not like some particular individual you can call an "American" or a "foreigner". They are business entities that can be based in any country they like at any time. Simply open an office in the US, and bam, they're an "American" company.

It they have a home office right? A base of operations?

What gets me about the shortages is that what is readily available, is exactly what everyone is saying is being bought up by governments and militaries: US and others. That being, bulk pack 5.56/.223 Rem and 7.62/308 Win. I can go to any store in town and buy as many 500 round bulk packs of those rounds as I want. Pistol ammo, which the left also desperately wants us to not have has also never really been in short supply the last several years.

It is the normal hunting bullets and non handgun rate powders that have been hard to get. Normal hunting rifle ammo is becoming more and more available, but the pistol and 5.56/7.62 rounds have been readily available through this whole SNAFU.

We sure had a drought up here.

What kind of ammo do you see in BFE?

There was literally nothing for over a year. Like 18 months.

But then the nato stuff did come trickling in kinda like Tinman said.


Now there is some of about everything....except for the weird stuff I want.

We are the first to lose supply and the last to get it back.

But I really can't complain since we are literally the farthest from anything in the lower 48.

Who will be supplying your primers?

Sounds like another offer is in play for an Texas based American buyer. Lets pray cooler heads prevail w wiser decisions.

bobber and worm thrown out...pond dry....cast in another hole...bob

Primers are one of those things that people should have looked ahead and seen becoming scarce. It happened when OBozo was in office and if you didn't see it happening when Joey came in office you simply were not paying attention. When Joey took office I made sure I had thousands of large rifle and large rifle magnums on hand. Even now I will grab a thousand primers every time I see them. If I don't use them I can always trade them for other components. I don't load small rifle or handgun so I just made sure I had several thousand rounds for those firearms on hand.

So for those that think foreign ownership will have a negative effect on US private citizen ammo buyers versus typical US ownership, why do you think that?

My opinion is more than likely no difference between foreign owned and typical US ownership for US private citizens.

There may be a slight possibility of improvement looking at things like born in the USA Bill Ruger's personal vendetta against serfs accessing concealable pistols, standard capacity magazines, flash suppressors, and bayonet lugs not being a US firearms industry anomaly.

I have more then enough

My kids will divide it in half and have more then enough

Having worked for multiple foreign owned companies, public and private, I have a $100 bill that says when push comes to shove, a foreign owner will take care of their own first, without a single thought/care/concern about negative impact to American citizens. Book it. It is the way of the world. Only in America is there a concept of "Fair Play."