Vista Outdoor Clears Sales Hurdle, Receives Another Offer

by
posted on April 4, 2024
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
Vista Outdoor Sale
Image courtesy of VistaOutdoor.com.

On March 22, Vista Outdoor announced it cleared a major U.S. Security and Exchange Commission (SEC) regulatory hurdle in its effort to split into two companies and, ultimately, sell The Kinetic Group of legendary ammunition manufacturers to Czechoslovak Group (CSG). Only three days later, Vista received a revised proposal from Canada-based MNC Capital (MNC), boosting its original offer to pay $35 per share to $37.50. Financial experts estimate, if agreed upon, that sale price would be roughly $3 billion instead of MNC’s original all-cash $2.9 billion submission for consideration.

The SEC declaration that a registration statement filed by Vista Outdoor subsidiary Revelyst was in effect—mandatory for the company’s split—came the third week in March. It cleared another obstacle standing in the way of selling Federal, CCI, Remington Ammo and others in The Kinetic Group, to CSG for roughly $1.91 billion.

“The Board remains steadfast in our support for the proposed transaction and the value it will create for our stockholders,” Michael Callahan, chairman of the Vista Outdoor Board of Directors, said at the time. “CSG’s ownership of our American-based ammunition brands will provide the communities where our plants are located and our 4,000 workers here in the United States and The Kinetic Group’s experienced US-based executive management team with a steady, long-term owner that is fully committed to investing in the American workforce, American hunters and domestic and allied military and law enforcement partners. On the Revelyst side, with an energized senior management team, the GEAR Up transformation plan ensures that the segment is well-positioned to thrive as a standalone public company and deliver greater value for our stockholders.”

MNC made its original offer only three weeks before the SEC announcement. Late last year, Colt CZ Group put forth a proposal valued at $1.7 billion, which was also turned down. Under terms of both refused proposals, the entire 41-family of firms would be sold, not just those in the ammunition industry.   

Vista originally announced plans to split its family of firms into two independent and separate companies in 2022.

Latest

CZ 600 01
CZ 600 01

CZ 600+ Introduces Switch-Barrel Capability

In 2025, CZ USA expanded its 600 series rifle lineup with the CZ 600+, a design that delivers on the company's promise of a switch-barrel platform.

Preview: Savior Equipment Specialist Double Rifle Case

The Specialist Double Rifle Case from Savior Equipment is, as its name suggests, a rifle bag capable of carrying a pair of longarms simultaneously ...

Gun Of The Week: Traditions Outfitter G3 Pro

Join American Rifleman staff in this video to get a close look at a single-shot rifle design oriented toward today’s modern hunter, particularly those in states where straight-wall cartridges have been legalized for hunting.

The Armed Citizen® Sept. 12, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Sellmark Ranch Opens, Offers Hunting & Shooting Opportunities To The Public

Sellmark Corporation, the parent company of several notable firearm industry brands, opened its 6,800-acre ranch to the public, which provides dedicated hunts, mile-long shooting ranges and more.

CZ Recalls All-American Trap Combo Shotguns

CZ-USA has identified a manufacturing defect affecting the barrel of certain CZ All-American Trap Combo shotguns.

Interests



Get the best of American Rifleman delivered to your inbox.