All Hunting & Fishing articles – Page 2

  • vista_outdoor_logo_kopie_8
    Article

    Vista to review strategic alternatives, shareholder meeting postponed

    2024-07-30T14:53:00Z

    The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.

  • GSM_Outdoors_Logo
    News briefs

    Gridiron Capital sells GSM Outdoors to Platinum Equity

    2024-07-25T10:46:00Z

    The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.

  • rapala-vmc-logo
    Article

    Rapala VMC feels market improvement but sees potential troubles ahead

    2024-07-24T17:21:00Z

    Rapala VMC, despite experiencing favorable market conditions during H1, including improved retail activity, is expressing some worry about the upcoming winter season.

  • vista_outdoor_logo_kopie_8
    News briefs

    Vista responds to MNC’s comments amidst wrangling over partial sale of the group

    2024-07-24T11:49:00Z

    Vista Outdoor says that MNC Capital misled Vista’s investors by claiming that it needed the group’s approval to make a tender offer.

  • vista_outdoor_logo_kopie_8
    Article

    CSG increases purchase price for The Kinetic Group to $2.15bn

    2024-07-22T17:29:00Z

    CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.

  • vista_outdoor_logo_kopie_8
    Article

    Vista Outdoor ammo sale facing headwind, and support

    2024-07-19T08:31:00Z

    Before Vista Outdoor’s shareholders vote on the sale of The Kinetic Group ammunition business to CSG on July 23, two investors have come out strongly against the deal, while another proxy advisory firm is now recommending the purchase after initial opposition.

  • vista_outdoor_logo_kopie_8
    Article

    Vista’s Board of Directors reaffirms committment to sale of The Kinetic Group to CSG

    2024-07-11T11:14:00Z

    Vista Outdoor’s Board of Directors has issued an open letter to its shareholders recommending once again the sale of The Kinetic Group, Vista’s ammo segment, to the Czech company CSG.

  • vista_outdoor_logo_kopie_8
    Article

    CSG raises purchase price for The Kinetic Group to $2.1bn

    2024-07-08T11:42:00Z

    Continuing the back-and-forth over the partial or complete sale of its business segments, Vista Outdoor has announced that it has entered into an amendment to the merger agreement with Czechoslovak Group a.s. (CSG) that increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by ...

  • vista_outdoor_logo_kopie_8
    Article

    Tug-of-war over Vista and Kinetic Group continues

    2024-06-26T11:51:00Z

    While Vista Outdoor announced on June 25, after a long wait, that the Committee on Foreign Investment in the United States (CFIUS) has finally approved the proposed acquisition of Vista Outdoor’s The Kinetic Group division by Czechoslovak Group a.s. (CSG), Montréal-based MNC Capital Partners has once again stepped up its ...

  • Vista_Outdoor_Logo
    Article

    Reaction to ISS disapproval: CSG increases offer for The Kinetic Group

    2024-06-25T09:01:00Z

    After the US proxy advisory firm Institutional Shareholder Services (ISS) recommended that Vista Outdoor shareholders abstain from voting on the Czechoslovak Group’s (CSG) offer for Vista Outdoor’s The Kinetic Group ammunition business, the Czech prospective buyer has now increased its purchase offer by $40 million from $1.96 billion to $2 ...

  • Ibis
    News briefs

    Ukrainian retail chain IBIS opens new store in Kyiv

    2024-06-21T16:10:00Z

    Ibis, founded in 1994, is one of Ukraine’s largest outdoor sports chains, primarily focused on hunting and fishing. It has opened a new retail outlet in Kyiv, the company’s largest store in the capital city. The company operates eight doors in Kyiv, in addition to the three stores in Odesa, ...

  • OIA_Logo
    Article

    US outdoor participation reaches record levels for ninth consecutive year

    2024-06-18T11:05:00Z

    The US Outdoor Industry Association (OIA) and its philanthropic arm, the Outdoor Foundation, released the results of its 2024 Outdoor Participation Trends Report this week. The report provides outdoor industry members with exclusive participation and activity data that will inform business strategies for the coming year. The report shows that ...

  • _NOR1676
    News briefs

    The winners of the Scandinavian Outdoor Award Spring/Summer 2025

    2024-06-17T06:21:00Z

    The Scandinavian Outdoor Award Spring/Summer 2025 winners were announced at OutDoor by ISPO on June 4, following extensive testing and discussions by an international jury in Lenzerheide, Switzerland. Overall Winner: FabPatch The Finnish brand FabPatch won for its high-quality repair patches for outdoor gear and apparel. These patches help extend ...

  • rapala-vmc-logo
    News briefs

    Rapala slims down global management team

    2024-06-15T07:21:00Z

    After the Finnish company Rapala VMC, a global market leader in fishing lures, fishing hooks and fishing-related knives and tools, initiated a strategic realignment at the beginning of the year aimed at becoming more operationally agile, Executive Vice Presidents Päivi Ohvo (Head of Human Resources), Enrico Ravenni (Head of APAC ...

  • RevolutionRace_logo
    News briefs

    ​Altor sells 6.9% of RVRC shares

    2024-06-14T13:47:00Z

    Private equity company Altor has sold shares in outdoor company Revolution Race (RVRC) for SEK 397 million (€35.2m) last Friday, habit.se reported. The sale was made at a discount of about 7.3 percent compared to RVRC’s last closing price on Thursday. Altor, which recently bought Renewcell’s bankruptcy estate, had a ...

  • RevolutionRace_logo
    News briefs

    ​Nyrensten resigns from the RVRC Board of Directors

    2024-06-13T10:00:00Z

    As announced in May 2024, Niclas Nyrensten, board member and co-founder of RVRC Holding AB (RevolutionRace), has requested his own resignation from the board of RevolutionRace. The Board now consists of Alexander Martensen-Larsen, Sara Diez Jauregui, Cecilie Elde, Andreas Källström Säfweräng, Birgitta Stymne Göransson and David Thörewik.

  • Norrøna_Adventure_Dorte Mandrup-Hotel of Norrona-Whispers of Bluebird
    Article

    Norrøna continues to invest in adventure tourism

    2024-05-25T07:55:00Z

    Norwegian outdoor brand Norrøna and the renowned Danish architecture firm Dorte Mandrup A/S have joined forces to create a unique nature hotel on the west coast of the island of Senja in northern Norway. Source: Nikolai Schirmer Senja – where mountains meet the sea Norway’s second-largest island ...

  • rapala-vmc-logo
    News briefs

    Rapala joins UN Global Compact

    2024-05-18T12:38:00Z

    Finnish fishing tackle manufacturer Rapala VMC Corporation announced that it has joined the United Nations Global Compact. Membership in the UN Global Compact allows the company to leverage the expertise and resources of this prestigious organization to advance its sustainability agenda. By aligning with global standards, Rapala VMC aims to ...

  • Angling Direct
    News briefs

    Angling Direct sees full-year profit double

    2024-05-16T06:37:00Z

    UK-based fishing tackle retailer Angling Direct saw its pre-tax profits climb to £1.5 million (€1.7m) in the year ended Jan. 31, 2024, up from £700,000 (€815,000) the year before, driven by the development of its omnichannel offer and the growth of its store footprint. Gross margin increased by 34.9 percent. ...

  • RevolutionRace_logo
    News briefs

    ​Niclas Nyrensten declines re-election and leaves RVRC’s board

    2024-05-13T23:41:00Z

    Niclas Nyrensten, board member and co-founder of RevolutionRace (RVRC), has announced that he will not seek re-election to the company’s board and will step down in July 2024 at the latest. “The company has, after 10 years, become mature enough to manage without the founders – I and Pernilla, said ...