Vista Outdoor Inc.

What does Vista Outdoor own?

Vista Outdoor no longer owns anything because the company was dissolved in late 2024. Its ammunition brands, including Federal, CCI, Speer, Remington, HEVI-Shot, and Alliant Powder, went to The Kinetic Group, now owned by CSG. Its outdoor brands, including CamelBak, Bell, Giro, and Bushnell, went to Revelyst, now owned by Strategic Value Partners.

Is Vista Outdoor publicly traded?

No. Vista Outdoor traded on the NYSE as VSTO from 2015 until November 27, 2024, when its separation was completed. The stock was delisted on December 9, 2024, and shareholders received $25.75 in cash plus one share of Revelyst for each share held.

Who owns Vista Outdoor?

Nobody owns Vista Outdoor because it was dissolved. Shareholders were paid out in the November 2024 transaction and the corporate entity was wound down as its two businesses transferred to CSG and Strategic Value Partners.

Where was Vista Outdoor headquartered?

Vista Outdoor was headquartered in Anoka, Minnesota, a suburb north of Minneapolis that remains the headquarters of The Kinetic Group under CSG ownership.

What happened to Vista Outdoor's brands?

They were divided between two buyers. CSG acquired the ammunition portfolio as The Kinetic Group and committed to keeping all brands and US factories. Strategic Value Partners acquired the outdoor products portfolio as Revelyst in January 2025.

Who founded Vista Outdoor?

Vista Outdoor had no individual founders. It was created in 2015 as a corporate spin-off from Alliant Techsystems, which separated its sporting goods business to concentrate on aerospace and defense as Orbital ATK.

How much was Vista Outdoor worth when it dissolved?

The November 2024 transaction paid Vista Outdoor shareholders $25.75 per share in cash plus one Revelyst share each, valuing the sporting products sale to CSG at approximately $2 billion. Revelyst was then sold to Strategic Value Partners for $1.125 billion.

Vista Outdoor was created in 2015 when Alliant Techsystems, a defense and aerospace contractor, spun off its sporting goods business to focus on aerospace through what became Orbital ATK. The new company took the ATK sporting portfolio, anchored by Federal Premium Ammunition and built through decades of acquisitions, and began trading on the NYSE as VSTO with headquarters in Anoka, Minnesota.

The early years mixed organic growth with acquisitions. Vista Outdoor bought CamelBak in 2015 for $412.5 million, adding the dominant hydration pack brand. In 2020 it acquired Remington's ammunition business and related trademarks out of the Remington Outdoor Company bankruptcy for $81.4 million, reuniting one of the most storied names in American ammunition with a manufacturing base that included the historic Ilion, New York plant.

By 2022 the company faced mounting pressure from activist investors, including Starboard Value and MHR Fund Management, who argued the stock traded below the sum of its parts. Vista Outdoor announced a strategic review in 2023 and in October of that year agreed to sell its Sporting Products division to Czechoslovak Group, a Prague-based defense industrial group owned by Michal Strnad, in a transaction valued at approximately $2 billion.

The deal faced an extended US national security review through the Committee on Foreign Investment in the United States, given that the buyer was a foreign defense company acquiring major American ammunition brands. The transaction eventually received approval and closed on November 27, 2024. The sporting products business was renamed The Kinetic Group and went to CSG, while the remaining outdoor products business was spun off to shareholders as Revelyst, Inc., which began trading on the NYSE under the ticker GEAR the same day. Vista Outdoor shareholders received $25.75 in cash and one Revelyst share for each VSTO share held, and VSTO was delisted on December 9, 2024.

Revelyst's independence was brief. It had agreed in October 2024, before the spinoff completed, to be acquired by private equity firm Strategic Value Partners for $1.125 billion, a deal that closed on January 3, 2025. With that closing, every piece of the former Vista Outdoor sat under new ownership and the company was fully dissolved.

Vista Outdoor operated in one of the most politically sensitive consumer categories in America. Gun rights advocates organized periodic boycotts of the company over the years, most notably in 2018 when retailers including REI and Dick's Sporting Goods suspended orders of its products after the company declined to take a public position on firearms policy, while gun rights groups simultaneously criticized it when it did weigh in.

The CSG transaction drew national security scrutiny because it placed major US ammunition brands under foreign ownership during a period of elevated defense demand. CFIUS reviewed the deal for over a year before clearing it, and some members of Congress publicly opposed the sale on supply chain grounds. The transaction closed only after regulators were satisfied, with CSG committing to retain all brands and US production sites.