The Czech industrial group CSG has completed the takeover of The Kinetic group, the leading U.S. manufacturer of small-caliber ammunition.
The Kinetic Group, which was formed by the spin-off of the Sporting Products division from the publicly traded Vista Outdoor, brings together leading American manufacturers and brands of small-caliber ammunition for pistols, revolvers, rifles and shotguns: Federal, Remington, CCI, Speer and Hevi-Shot. The group also includes the gunpowder brand Alliant Powder. The manufacturing facilities are located in Minnesota, Arkansas, Idaho and Oregon and employ a total of 3,800 people. The headquarters are based in Anoka, Minnesota. It generated $1.5 billion in Revenue in its fiscal year 2024 with $416 million EBITDA.
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This acquisition is a milestone for us, making us a truly global group with a significant presence in the USA. At the same time, we are becoming a leader in the field of small-caliber ammunition. I am proud of the CSG Group and the management team that has been working this acquisition for many months. I welcome the employees of The Kinetic Group to the CSG family and assure them that our intention is to act as a long-term owner and strategic investor that will strengthen the prosperity of traditional American small-caliber ammunition manufacturers.
Michal Strnad
Chairman of the Board and owner of CSG Group
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We thank our American partners in the private and public sectors for their trust. As the new owner of The Kinetic Group, we feel great respect for its businesses, brands and traditions. What we have communicated throughout the transaction applies: All brands and production sites will be retained. We intend to invest in them and develop them further. At the same time, I believe that Kinetic's private ownership will expand the supply options for police forces and armed forces in the US.
David Štěpán
Member of the Board of Directors of CSG and CEO of the Ammo+ Division
The current management of The Kinetic Group remains at the helm of the company, led by CEO Jason Vanderbrink, who welcomes its entry into CSG: "Throughout the process of this transaction, I had the opportunity to thoroughly familiarize myself with CSG and its business philosophy. I am convinced that CSG is an ideal owner because it has great operational experience, a diverse portfolio and full commitment to our team, customers, and American manufacturing. Michal and his management team work quickly to make strategic decisions that allow the prosperity and growth of CSG businesses. We’re excited to begin a great new chapter in the history of our ammunition brands.”
Today's completion of the acquisition of The Kinetic Group is the result of CSG's long-term strategy to build the production and trade of small-caliber ammunition as another key pillar of its business alongside the defense, aerospace, automotive and railway industries. At the same time, it fulfils another priority of the group: expansion into the American market, where CSG wants to gradually establish itself with other products for the defense and civilian sectors.
About the Kinetic Group
The Group was formed at the end of 2023 with the spin-off of Vista Outdoor's Sporting Products division into a separate legal entity, which was named The Kinetic Group. The word kinetic expresses the energy inherent in all high-end types of ammunition produced in the group's member companies. The group's logo features a bighorn ram living wild in North America. The company is led by CEO Jason Vanderbrink, CFO Allan Kerfeld, CAO Mark Kowalski and Chief Legal and Human Resources Officer Jeff Ehrich.
The Kinetic Group brands
Federal
It is a leading manufacturer of centerfire and rimfire ammunition and shotgun ammunition for hunting, sport shooting and security forces. The company was founded in 1922 and is headquartered in Anoka, Minnesota.
HEVI-Shot
It is a manufacturer of high-quality and innovative shotgun ammunition that does not use lead. It has been in business since 2000 and is headquartered in Sweet Home, Oregon.
Remington
It is an iconic brand of small-caliber ammunition for hunters, sport shooters and security forces with a tradition dating back to 1816. It is headquartered in Lonoke, Arkansas.
Speer
Speer is a popular ammunition brand for hunters and U.S. law enforcement agencies founded in 1943. It is headquartered in Lewiston, Idaho.
CCI
It is a leading manufacturer of rimfire ammunition for hunting and sport shooting. It is also the only U.S. manufacturer of special shotgun shells for pest control. The company was founded in 1951 and is headquartered in Lewiston, Idaho.
About CSG Group
The global industrial-technology group CSG, owned by Czech entrepreneur Michal Strnad, has key manufacturing plants in the Czech Republic, Slovakia, Spain, Italy, India, Great Britain and the USA and exports its products all over the world. CSG continuously invests in the development of its companies and at the same time expands in its core businesses. The group includes, for example, the Czech car manufacturer Tatra Trucks, the world's leading manufacturer of small-calibre ammunition Fiocchi and the Czech radar manufacturer Eldis. More than 10,000 employees work in the companies integrated into the CSG Group and in the linked companies. In 2023, the Group's consolidated revenues amounted to EUR 1.73 billion. CSG's main fields are engineering, automotive, railway, aerospace, defence and small calibre ammunition production. Thanks to its strong pro-export orientation, CSG products can be found on all continents.
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