Czechoslovak Group completed the acquisition of the Sporting Products business of Vista Outdoor for $2.2bn.

Czechoslovak Group, a Czech industrial-technological holding company, completed the acquisition of the Sporting Products business of Vista Outdoor, an American designer, manufacturer, and marketer of outdoor sports and recreation products, for $2.2bn. “We are pleased to complete the transaction with Vista Outdoor and look forward to welcoming The Kinetic Group’s talented team to the CSG family. The Kinetic Group has a strong portfolio of leading ammunition brands, and we are confident our partnership will drive continued growth and innovation, as we deliver high quality ammunition products to customers and create long-term value together," Michal Strnad, CSG CEO. On May 28, 2024, the offer price was raised from $1.91bn to $1.96bn. On June 24, 2024, the offer price was raised from $1.96bn to $2bn. On July 22, 2024, the offer price was raised from $2bn to $2.15bn. On October 4, 2024, the offer price was raised from $2.15bn to $2.225bn.