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13%  
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  • The Largest U.S. Civilian Ammo Producer Is Set To Be Sold To The Czech Group

    10/31/2024 7:36:18 PM PDT · by blueplum · 15 replies
    Survival World ^ | 31 Oct 2024 | Lisa Greene
    In a complex deal marked by boardroom drama, regulatory hurdles, and political intrigue, Vista Outdoor’s ammunition division, known as the Kinetic Group, is on the verge of being acquired by Czechoslovak Group (CSG), a Czech-based conglomerate. Set to conclude by late November, this $2.15 billion sale has been met with mixed reactions... The implications of the sale go beyond simple economics. Kennedy notes that the deal was not only contentious but introduced potential shifts in the manufacturing landscape... For many, the sale represents a potential loss of American oversight over ammunition production at a critical time, ... The sale of...