“ Chris Metz, Chief Executive Officer, said, "The migration back to nature and into the outdoors is the future. The combination of beloved ammunition brands created by this transaction will benefit shooting sports enthusiasts, outdoor recreation retailers and Vista Outdoor for many years to come. We look forward to welcoming the people of Remington and leveraging our collective passion, scale, manufacturing infrastructure, distribution channels and Centers of Excellence to bring Remington products to more consumers.
"During the past three years, we have transformed the Vista Outdoor Ammunition business unit into a stronger, more nimble and more profitable operation. Today, our Ammunition business unit's operational expertise and efficiency are major competitive advantages, enabling Vista Outdoor to rapidly respond to increased demand in ways that other ammunition manufacturers simply can't match. As we ramp into the fall hunting season, we are pleased to offer hunting and shooting sports enthusiasts everywhere the best the market has to offer. Our mission at Vista Outdoor is to be a powerhouse of passionate outdoor sports and recreation brands. Remington is an amazing fit. We are excited and honored to now offer the Remington brand and the iconic green box to our customers," concluded Metz.