Myths and Facts

We are building on the heritage of our ancestors who laid the foundations of modern industry. From the heart of Europe, we are building a strong global brand, the pinnacle of modern industry. Our products are here to ensure a safe and stable future for everyone.

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Myth #1:

CSG is a foreign company seeking to take over an iconic American-based company.

Fact #1:

CSG is a leading global company with more than 10,000 employees, and it is a close partner to the U.S. and its allies. CSG has had highly successful operations in the U.S. for several years, including ammunition production facilities in Arkansas and Missouri. The company’s U.S. headquarters is based in Virginia and the CEO of CSG-USA is Paul Lemke, who is a retired Lieutenant Colonel in the U.S. Army.

Myth #2:

CSG’s ownership of Vista Sporting Products could limit the ability of some law enforcement agencies with foreign procurement restrictions to continue purchasing supplies.

Fact #2:

CSG is acquiring U.S.-based ammunition production facilities, which will continue to be a key supplier to law enforcement agencies and other users of its ammunition. This will have no impact on law enforcement agencies since production will, of course, remain in the U.S. Through the acquisition, CSG will also bring stability and investments to U.S. small-caliber ammunition producers, which they need.

Myth #3:

CSG has ties to Russia and China, which could harm national security.

Fact #3:

Myth #4:

If CSG acquires The Kinetic Group, it will eliminate U.S. jobs and ship them out of the country.

Fact #4:

CSG plans to retain all of Kinetic’s U.S. employees and invest in the newly acquired businesses so that they are stable and grow, ultimately leading to job growth in the U.S. and in the states where The Kinetic Group has operations. CSG already has production facilities in Arkansas and Missouri, and the company is currently considering expanding those operations and adding jobs there.

Myth #5:

This acquisition is not good for American consumers because CSG is not experienced in this market.

Fact #5:

CSG understands the special importance of the brands that are part of The Kinetic Group to American consumers. The company has demonstrated through its ownership of Fiocchi, which runs two factories in the U.S., that it is deeply committed to providing high-quality products to customers. CSG’s focus will be on preserving and developing the entire product portfolio of the business and maintaining the standards that U.S. customers expect.

Myth #6:

CSG’s offer for The Kinetic Group is lower than the competing bid.

Fact #6:

CSG’s offer to purchase The Kinetic Group is an all-cash transaction that includes fully committed financing backed by JP Morgan Chase, whereas the competing offer has not demonstrated that it has the financing and means to consummate the transaction. Additionally, Vista Outdoors has been trying to split the company into an ammunition part and an outdoor part for years now - and CSG’s offer respects that.

Myth #7:

The European Union will mandate CSG to limit its production of commercial ammunition and divert it to other markets.

Fact #7:

CSG US operates under the jurisdiction of U.S. laws and regulations, adhering strictly to domestic protocols. The European Union has no authority over the U.S. operations.

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