As anticipated for some time, after being spun off ATK into Vista Outdoor in 2015, Vista Outdoor is splitting into two publicly traded companies -
https://www.outdoorsportswire.com/v...to-two-independent-publicly-traded-companies/
- Outdoor Products will include "Sporting Goods" companies like CamelBak, Bell, Giro, Camp Chef, Bushnell, Bushnell Golf, Foresight Sports, Stone Glacier and QuietKat, etc. Outdoor Products will be led by Chris Metz as CEO and headquartered in Bozeman, Montana.
- Sporting Products (to be renamed at a later date) will include ammunition companies [Alliant], Federal, Remington, CCI, Speer, Estate Cartridge and HEVI-Shot. Jason Vanderbrink, current President of Sporting Products, will be appointed CEO and headquartered in Anoka, Minnesota.
UPDATE: Vista Outdoor split into two companies has finalized and ammunition companies were bought by Czechoslovak Group -
https://www.thehighroad.org/index.p...ompanies-and-sporting-goods-companies.920371/
Czechoslovak Group Acquiring Federal, CCI, Hevi-Shot, Remington Ammo and Speer. The leadership and manufacturing of each company will continue to be located in the United States -
https://www.shootingillustrated.com...deral-cci-hevi-shot-remington-ammo-and-speer/
Czechoslovak Group (CSG) has entered into a definitive agreement to purchase the Sporting Products division of
Vista Outdoor for $1.91 billion. The manufacturers that will change ownership include Federal, CCI, Hevi-Shot, Remington Ammo and Speer, some of the industry’s foremost ammunition manufacturers.
“We are confident that CSG is a great home for our leading ammunition brands,” said Jason Vanderbrink, CEO of Vista Sporting Products. “The company is fully committed to our iconic American brands and expanding our legacy of U.S. manufacturing, support for military and law enforcement customers, and investments in conservation and our hunting and shooting heritage. We are excited to work closely with the CSG team as we enter this next phase and position our brands for long-term success.”
This is interesting and I wonder how this will affect Alliant powder and CCI/Federal/Remington primer production moving forward with purchase coming on the heels of Speer/CCI's new proprietary lead-free catalyst primer production and "historic" large Federal ammunition contract with US Army: