Vista Outdoor, which is planning on spinning off its outdoor sports business unit into a separate company this year, will sell off its shooting sports businesses first in a $1.91 billion deal with Czechoslovak Group a.s. ("CSG"). CSG is acquiring four factories and the consumer brands CCI, Federal, HEVI-Shot, Remington and Speer.
CSG is described as "a leading industrial technology holding company, operating within five strategic business segments, including defense, aerospace, ammunition, mobility and business." It is 100% owned by Czech billionaire
Michal Strnad.
https://bicycleretailer.com/industr...lls-ammunition-business-191-billion-deal
