The five iconic American ammunition brands of Federal, Remington, Hevi Shot, Speer, and CCI were sold to the Czech holding company. The Czechoslovak Group bought them for $2.225 billion.⁠ ⁠ The Kinetic Group ammo brands were previously under Vista Outdoor, a publicly traded company. According to Vista leadership, the split was necessary because a single holding company with all those brands would not be able to achieve the stock prices investors expected. Now that part of a strategic split has come to fruition, Kinetic Group CEO and chairman Jason Vanderbrink says that under private CSG ownership his ammo brands will be able to grow and innovate like never before. Rather than worrying about short-term returns, The Kinetic Group can use investment from their holding company for long-term planning and growth, he says. This should mean more ammo, and better ammo, in the consumer market.⁠ ⁠ Tap the link in profile for the full story 🔗⁠ ⁠ #hunting #huntingseason #federalpremium #remington ...