Vista Outdoor is the parent company of brands including Bushnell and CamelBak. Credit: Magda Wygralak via Shutterstock.com.

Sporting goods retailer Vista Outdoor has entered an amended merger agreement with the Czechoslovak Group (CSG). 

Vista Outdoor has two operating segments, Revelyst and The Kinetic Group. They include a range of brands for outdoors-focussed consumers. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The agreement, announced on 27 May 2024, raises the base purchase price for The Kinetic Group business by $50m, from $1.91bn to $1.96bn. 

The revised agreement also benefits Vista Outdoor stockholders who will now receive an additional $3.10 per share, increasing the cash consideration from $12.90 to $16.00 per share.  

The adjustment marks a 24% increase and reflects the excess cash generated by Vista Outdoor in the fourth quarter. 

Vista Outdoor has decided to return $130m of excess cash to its stockholders as part of the cash consideration in the transaction.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This is in addition to the increased base purchase price provided by CSG. Post-transaction, Revelyst plans to distribute any cash above $250m to its stockholders through a share buyback or special dividend. 

The completion of the transaction requires approval from Vista Outdoor’s stockholders, clearance from the Committee on Foreign Investment in the United States (CFIUS) and other customary closing conditions.  

The deal is anticipated to close within the 2024 calendar year. 

Vista Outdoor is working with CFIUS to secure the necessary clearance, and remains confident in fulfilling all conditions for the merger.  

Morgan Stanley & Co and Cravath, Swaine & Moore have been appointed as financial and legal advisers respectively to Vista Outdoor for this transaction.  

Vista Outdoor is known for its portfolio of brands offering sporting and outdoor products. These include Bushnell, CamelBak and Federal Ammunition.