Vista Outdoors sold

[ECS686]

Didn’t see this listed yet.

Of interest Apparently Vista was sold to a European company. S&W was owned by a British company years ago so I don’t believe this is a Bad deal but we shall see. (And the lock was gonna happen with or without the Clinton Admin as Safe-T-Hammer Owned S&W at the time anyway so let that whole Hillary hole rest)

I’m sure the YouTube Gun Channels will do what they do and run with it for clicks and likes!

Age Verification - NRA

www.americanrifleman.org

 

[Expat]

Yeah, I don't know enough yet to have a position. Vista hasnt been great...

 

[OneBadV8]

Cash transaction? Hmmmm.... that's a large amount.

 

[BehindBlueI's]

(And the lock was gonna happen with or without the Clinton Admin as Safe-T-Hammer Owned S&W at the time anyway so let that whole Hillary hole rest)

I'll let it rest when they stop installing them. I don't care what others do with their money, but I can't take any pride or enjoyment in ownership of a lock equipped S&W. I've bought some modern non-revolving S&W offerings but will never buy a lock gun, period.

 

[Haven]

I got the invite this morning to the call, but work had a lock on my time at the same time. It hasn't been good for the stock price, I am down around $10 per share, and it dropped from $32 this morning to a current $24. (I didn't buy this morning, I've had it for months).

Czechoslovak Group already owned Fiocchi, and the Czech's are the only other country that I know of that has a 2nd amendment (though it might not be #2, since it was just voted in a few years back).

Will this be good, I don't know. I may be dumping my Vista Outdoors stock though.

 

[wcd]

I'll let it rest when they stop installing them. I don't care what others do with their money, but I can't take any pride or enjoyment in ownership of a lock equipped S&W. I've bought some modern non-revolving S&W offerings but will never buy a lock gun, period.

Lock equipped S&W? As in something like Springfield using IRC ILS?

 

[DadSmith]

Didn’t see this listed yet.

Of interest Apparently Vista was sold to a European company. S&W was owned by a British company years ago so I don’t believe this is a Bad deal but we shall see. (And the lock was gonna happen with or without the Clinton Admin as Safe-T-Hammer Owned S&W at the time anyway so let that whole Hillary hole rest)

I’m sure the YouTube Gun Channels will do what they do and run with it for clicks and likes!

Age Verification - NRA

www.americanrifleman.org

Maybe the CZ's will stop them from making new calibers and concentrate on getting the popular calibers manufactured at a higher rate.

 

[marvin02]

More article links:

Vista Outdoor sells ammunition business in $1.91 billion deal

(BRAIN) — Vista Outdoor, which is planning on spinning off its outdoor sports business unit into a separate company this year, will sell off its shooting sports businesses first in a $1.91 billion deal with Czechoslovak Group a.s. ("CSG"). CSG is acquiring four factories and the consumer brands...

www.bicycleretailer.com

Vista Outdoor to sell sporting products unit in $1.91 bln deal, cuts sales forecast

Vista Outdoor said on Monday it would sell its sporting products business in a $1.91 billion deal, although its shares tumbled about 20% in early trading after it cut its full-year sales forecast.

www.reuters.com

Vista Outdoor Sells Federal, CCI, Hevi-Shot, Remington Ammo & Speer for $1.91 Billion

“This is an important strategic step for our company in creating value through separating our Outdoor Products and Sporting Products segments,” said McArthur in a press release.

www.gunsamerica.com

and Vista press release:

Vista Outdoor Enters into Definitive Agreement to Sell Sporting Products Business to Czechoslovak Group for $1.91 Billion

Sale aligns with previous plan to separate the company and creates two separate highly focused businesses Transaction valued at approximately 5x enterprise value to Sporting Products Fiscal Year 2024 EBITDA, including estimated standalone costs Outdoor Products, recently rebranded as Revelyst...

news.vistaoutdoor.com

 

[DoggyDaddy]

Lock equipped S&W? As in something like Springfield using IRC ILS?

Smith and Wesson Internal Lock: Is it a Deal Breaker?

Revolver owners don't hide their hatred for the Smith and Wesson internal lock but is that one feature enough to make the firearms unusable?

www.luckygunner.com

 

[Dean C.]

OUR DIVISIONS AND COMPANIES | Diverse product portfolio

From watches to train brakes to trucks.

czechoslovakgroup.cz

Not familiar with their holdings minus Fiocci and B&P shotgun ammo (both good brands IMHO)

Vista sold : Federal Ammo, Remington Ammo (not guns), Bushnell, CCI, and Speer Ammo

It appears the Czechs want more ammo, I will be interested to see if this effects stateside availability

 

[printcraft]

Lock Delete - ORIGINAL PRECISION - Home of J.D.'s Original Works

LOCK DELETE for S&W Revolvers & J FRAME MOON CLIPS and CNC MOON CLIP CONVERSION for sale. Engineered / Manufactured in Arizona U.S.A. by ORIGINAL PRECISION. We Invent our own products. 480-305-3236

www.originalprecision.com

I have one of these on a stainless 649, it's a nice update.

 

[wcd]

Smith and Wesson Internal Lock: Is it a Deal Breaker?

Revolver owners don't hide their hatred for the Smith and Wesson internal lock but is that one feature enough to make the firearms unusable?

www.luckygunner.com

Thanks that looks like it has bad idea written all over it!

 

[printcraft]

Got this 642 new this spring, ordered without the lock, so they are available.

 

[wcd]

View attachment 306068

Got this 642 new this spring, ordered without the lock, so they are available.

Think of the children why would you even want one without the Lock?

 

[printcraft]

It’s too hard for kids to figure out!

Think of the children why would you even want one without the Lock?

 

[Dim Mak]

No more Federal or Speer for me! Hornaday from now on only!

 

[Haven]

No more Federal or Speer for me! Hornaday from now on only!

Why?

 

[Cynical]

At this point It doesn't matter to me who owns the company as long as I can buy their product. Large rifle primers are like unicorns and Vista may be pressured by the gov. so a foreign entity owning it, might loosen things up a bit. Doubt it,but after 2 years of Uncle Joe I don’t see anything gun friendly happening for Domestic companies. Maybe the Czechs have dirt on him as well.

 

[ECS686]

No more Federal or Speer for me! Hornaday from now on only!

While I get the idea of a foreign owner sounds negative but folks should not always think worst case scenario. With import restrictions it makes sense if they either buy an existing company or build and expand their own here.

But on another note If you look deep into the weeds even American companies have foreign relations . To the point a large number of US company products are made overseas. One example Buick SUVs (and other vehicles) you buy here are made in China but nobody is talking about that.

Toyota trucks are 85% or more made here where Chevy and Ford are like 70%

We imported a lot of European ammo back in the day S&B, Fiocchi and others.

 

[spankys56]

Big issue is this guy owns enough ammo producers to be considered a monopoly. That alone is a very bad thing.