Posted August 2, 2024 8:00 pm by Comments

By Zac K

A saga that has dragged on for several months now will see yet another delay, as the planned vote on the sale of Vista Outdoors’ ammunition business has been delayed.The Vista Saga @ TFB: Vista Outdoor Announces Strategic Business Transformation Plan Czechoslovak Group To Acquire Vista Outdoor’s Ammunition Business in $2 Billion Deal Vista Outdoors Board Recommends Selling Ammo Business To CSG Czechs Offer Even More Money For VistaThe deal that wouldn’t go throughIn case you just got here, here’s the story so far: After buying up all sorts of shooting-related businesses, U.S.-based conglomerate Vista Outdoors is now turning around and selling them off. The plan to do this was announced all the way back in 2018, but with the interference of pesky things like COVID-19, the plan has taken a while.The first big domino to fall was Savage Arms; Vista Outdoors sold off Savage and its sub-brands in 2019. But the biggest news came in the fall of 2023 when the investors of the Czechoslovak Group (CSG) announced they wanted to buy Vista’s ammunition production business for $2B.

Source: The Firearm Blog

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