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CSG reaffirms commitment to $2.15 billion acquisition of The Kinetic Group for Vista Outdoor Shareholders

Jul 23, 2024over 1 year ago

Acquiring Company

Czechoslovak Group

Acquired Company

Vista Outdoor

PragueAnokaManufacturingManufacturing

Description

CSG, a leading global industrial holding company, has reaffirmed its commitment to successfully completing the $2.15 billion acquisition of Vista Outdoor Inc.'s The Kinetic Group. CSG's fully financed bid provides Vista Outdoor shareholders with certainty and the opportunity to realize superior value. The acquisition is expected to maximize shareholder value and can be completed in early August. Additionally, CSG intends to invest in the growth of the newly acquired businesses within The Kinetic Group and increase American jobs as part of its broader growth strategy.

Company Information

Company

Czechoslovak Group

Location

Prague, Capital City Of Prague, Czechia

About

Czechoslovak Group a.s. is the acquirer company, however, detailed information about the location and the company description is not available.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed