News

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSE: VSTO) today announced that its stockholders voted to approve the sale of The Kinetic Group to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) at its special meeting of stockholders.

FN Browning Group, parent company of FN Herstal and Browning, has announced exclusive negotiations to acquire the French company Sofisport, a global leader in the production of shotshells and shotshell components for hunting and sport.

Vortex Optics is dedicating the month of November to support military working dogs, with all proceeds from the sale of its dog collars and leashes going to the United States War Dogs Association (USWDA).

Vista Outdoor, Inc. has finalized agreements to divest two key business segments, marking a significant restructuring move for the outdoor products giant. The deals involve the sale of Revelyst, its outdoor products arm, and The Kinetic Group, its sporting products segment, in separate transactions expected to deliver an estimated $3.35 billion enterprise value for the company.

The 21st edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX), held under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, recently concluded at the ADNEC Centre in Abu Dhabi. 

Gridiron Capital, an investment firm known for partnering with founders, entrepreneurs, and management teams, has announced a definitive agreement to sell its controlling interest in Good Sportsman Marketing Outdoors ("GSM Outdoors") to Platinum Equity. 

Colt CZ Group has announced the expansion of its manufacturing capabilities with a new facility in Hungary, Colt CZ Hungary, where it holds a majority share and oversees all production activities.