Home Forums General Discussion Czechoslovak Group Acquires Federal, CCI, Hevi-Shot, Remington Ammo & Speer

Viewing 6 reply threads
  • Author
    Posts
    • #1810
      The_ShadowThe_Shadow
      Moderator

      Vista Outdoor sells off to Czechoslovak Group and Acquires Federal, CCI, Hevi-Shot, Remington Ammo & Speer

      https://www.americanrifleman.org/content/czechoslovak-group-acquires-federal-cci-hevi-shot-remington-ammo-speer/?utm_source=newsletter

      CZECHOSLOVAK GROUP a.s.
      https://czechoslovakgroup.cz/en

      • This topic was modified 5 months, 1 week ago by The_ShadowThe_Shadow.
    • #1812
      KenkKenk
      Participant

      Hey Wade, yea, they’re just down the road from us, pretty cool facility they have

    • #1827
      CW19CW19
      Participant

      Not sure i have a warm fuzzy about this deal?

      • #1828
        The_ShadowThe_Shadow
        Moderator

        Yet to be seen CW, but I’m having a time wrapping my head around this deal too!

    • #1838
      Rick RRick R
      Participant

      I believe this Czech group owns Fiocchi who went from “How do you pronounce that?” to a major player in the ammunition industry. Hopefully we’ll see a similar growth for the ex-Vista brands.

    • #2156
      BelkarBelkar
      Participant

      Besides Hornady, are there any strictly American manufacturers now?

      Federal HSTs are my favorite, but I might switch to Hornady Critical Duty to buy American.

    • #2157
      KenkKenk
      Participant

      Still American made, the plant down the road from us in MN is running full steam

    • #2168
      The_ShadowThe_Shadow
      Moderator

      UPDATE
      On March 4, the Vista Outdoor Board of Directors announced that it rejected yet another unsolicited proposal to sell the firm, this one from Canada-based MNC Capital (MNC) offering to buy the company for $35 per share. A Nasdaq news report estimated the value at roughly $2.9 billion. Vista has now turned down two offers since the firm entered into a definitive agreement to sell its Sporting Products division to Czechoslovak Group (CSG) on Oct. 1 for $1.91 billion.

      https://www.americanrifleman.org/content/vista-outdoor-rejects-2-9-billion-offer/?utm_source=newsletter

Viewing 6 reply threads
  • You must be logged in to reply to this topic.