Vista Outdoor raises the price for The Kinetic for Czechoslova

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AK&M 18 February 2025 00:00

Vista Outdoor raises the price for The Kinetic Group for Czechoslovak Group a.s. (CSG) to $2.15 billion and increases cash consideration per share. This is stated in the message Vista Outdoor

The amended merger agreement with CSG further increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by $50 million.

In addition, Vista Outdoor has decided that an additional $125 million should be returned to Vista Outdoor shareholders as a monetary reward. 

Overall, the increase in the base purchase price payable by CSG, combined with additional cash being returned to Vista Outdoor shareholders, increases the cash consideration paid to Vista Outdoor shareholders under the CSG transaction by $3 to $24 per Vista Outdoor share. 

Vista Outdoor is the parent company of more than three dozen well—known brands that develop, manufacture and sell products for sports and outdoor activities. Brands include Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal Ammunition, Remington Ammunition and others.

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