It has been nearly a year since Czechoslovak Group, known as CSG, began an acquisition process that would bring ammunition manufacturers Remington, Federal, CCI, Speer and Hevi-Shot under the umbrella of the Prague-based arms conglomerate. These highly recognized names in the industry, collectively The Kinetic Group, were purchased for a whopping $2.225 billion in a deal that closed in late November with Minnesota-based Vista Outdoor.
CSG’s initial proposal to purchase The Kinetic Group came in October 2023 with an offer of $1.91 billion, increasing several times throughout the year while competing buyers threw their hats in the ring, including unsuccessful bids to purchase Vista Outdoor as a whole.
