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Vista Outdoor Agrees to Acquire Bell, Giro, C-Preme and Blackburn Brands from BRG Sports, Inc.

Vista Outdoor Inc. (NYSE: VSTO) announced that it has entered into a definitive agreement with BRG Sports, Inc. (“BRG Sports”) to acquire BRG Sports’ Action Sports division, which is operated by Bell Sports Corp. and includes the market-leading helmet brands Bell and Giro, and C-Preme and Blackburn. The completed acquisition will be integrated into the company’s Outdoor Products segment, resulting in a balancing of Vista Outdoor’s brand portfolio between Shooting Sports and Outdoor Products. The transaction is subject to regulatory approvals and customary closing conditions. Vista Outdoor anticipates closing the transaction in the next 30 to 60 days. News release

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