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Business/Financial

Czech Group Acquiring Vista Outdoor’s Ammo Business

By Cal Biesecker

Monday, October 16th, 2023

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Czech Group Acquiring Vista Outdoor’s Ammo Business

Rifle ammunition manufactured by Vista Outdoor's Remininton unit. Photo: Vista Outdoor

Vista Outdoor, Inc. [VSTO] and the Czechoslovak Group (CSG) on Monday say that CSG has agreed to acquire Vista’s Sporting Products business for $1.9 billion, giving the Prague-based defense company several ammunition brands used by hunters, sportsman, federal and local law enforcement agencies, and the U.S. military. Vista, which is based in Minnesota, owns Federal, Remington, CCI, Speer, and HEVI-Shot ammunition brands. The transaction is subject to shareholder and regulatory approvals and is expected to close in 2024. Outdoor Products,…

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