Vista Outdoors for sale

[can1010]

just talking to the owner of Republic Ammo. and he said that Vista outdoors sold today to a company in Czech Republic. anybody here of this?

if true the largest supplier of reloading supplies is now a under foreign ownership and can't imagine the problems this can have. there is very little info on the internet except that Vista is for sale.

 

[xsn10s]

Vista Outdoor announces plans to sell its ammunition plants to Czechoslovak Group

Vista Outdoor plans to sell its ammunition-making plants, including its Lewiston operations, to Czechoslovak Group for $1.91 billion in a deal expected to close next year.

www.lmtribune.com

 

[xsn10s]

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

 

[can1010]

lets just hope that things workout for the better. maybe if they move some production overseas will make things better getting away of our out of control government with regulations and supplies might return to a more normal prices and supply.

 

[ARlife4me]

Maybe the new owner will have the head on straight, but new acquisitions comes with higher prices.

 

[asd9055]

What about the Federal and Remington Ammunition lines?

 

[can1010]

they split it into two, the outdoor activity that they kept and the sporting ammo which they sold. so Remington and Federal are now foreign owned, what that ends up looking like we will have to wait and see.

 

[ARlife4me]

What about the Federal and Remington Ammunition lines?

There're bought with the whole vista line

 

[xsn10s]

Nothing is settled as of yet from what I see in the article. But given the current admin I don't see them stopping it. As a side note isn't Lake City owned by Federal?

 

[can1010]

Nothing is settled as of yet from what I see in the article. But given the current admin I don't see them stopping it. As a side note isn't Lake City owned by Federal?

the owner of Republic Ammo confirmed the sale happened today that is why i posted because all i found was the same articles you posted.

he also confirmed that the new primer plant in Arkansas has started shipping and he received his first shipment of small pistol primers. so some good news there.

 

[xsn10s]

the owner of Republic Ammo confirmed the sale happened today that is why i posted because all i found was the same articles you posted.

he also confirmed that the new primer plant in Arkansas has started shipping and he received his first shipment of small pistol primers. so some good news there.

I'm going off the first article. https://www.lmtribune.com/vista-out...cle_d2e2ef72-6c4a-11ee-ade2-4b8629e4db4a.html

Here's a quote from the article is it's planned to sell but awaiting approval.

"Vista Outdoor plans to sell its ammunition-making plants, including its Lewiston operations, to Czechoslovak Group for $1.91 billion in a deal expected to close next year."

"The transaction for the bullet-making operations is subject to approval of stockholders and will require regulatory approvals."

 

[Roughrice]

Bad news... Who will be in control of our military's ammo production and reloading supplies, which we are already short of because we keep giving it away?

 

[xsn10s]

the owner of Republic Ammo confirmed the sale happened today that is why i posted because all i found was the same articles you posted.

he also confirmed that the new primer plant in Arkansas has started shipping and he received his first shipment of small pistol primers. so some good news there.

I'm going off the first article. https://www.lmtribune.com/vista-out...cle_d2e2ef72-6c4a-11ee-ade2-4b8629e4db4a.html

Here's a quote from the article is it's planned to sell but awaiting approval.

"Vista Outdoor plans to sell its ammunition-making plants, including its Lewiston operations, to Czechoslovak Group for $1.91 billion in a deal expected to close next year."

 

[xsn10s]

Bad news... Who will be in control of our military's (and civilian reloading supplies) ammo production, which we are already short of because we keep giving it away?

Yes I agree. I googled it and at least Lake City is gov controlled for now. We still have Winchester and Hodgdon.