The ongoing sale process of the Kinetic Group by Vista Outdoor has taken another turn. The vote for the sale to CSG was underway, but likely due to mounting pressure from shareholders, Vista Outdoor has decided to stop the sale and evaluate additional strategic options.
It sounds like everything is on the table for the outdoor brand holding company. We’re interested to see where Camp Chef, under the Revelyst side of the business, will end up. The strategic options include the following, from a press release on the matter.