Czechoslovak Group Acquires Federal, CCI, Hevi-Shot, Remington Ammo & Speer

[The_Shadow]

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 1 year ago by The_Shadow.

[Kenk]

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

[CW19]

Not sure i have a warm fuzzy about this deal?

[The_Shadow]

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

[Rick R]

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.

[Belkar]

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.

[Kenk]

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

[The_Shadow]

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

[The_Shadow]

New update
https://www.americanrifleman.org/content/vista-board-unanimously-recommends-selling-ammo-business-to-czechs/?utm_source=newsletter

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