Current CEO Jason Vanderbrink Will Continue to Lead the Sporting Products Business and the U.S. Headquarters Will Remain in Anoka, Minnesota Represents Largest Acquisition in the History of Czech Defense Industry PRAGUE, October 16, 2023–(BUSINESS WIRE)–The Czechoslovak Group (“CSG”) announced today that it has entered into a definitive agreement to acquire Vista Outdoor Inc.’s (NYSE: VSTO) (“Vista Outdoor”) Sporting Products business for a total consideration of $1.91 billion, valuing the business at approximately 5x Fiscal Year 2024E EBITDA, including estimated standalone costs. CSG will partner with the existing management to pursue the continued growth path envisaged for the Sporting P
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