Divestiture of Bollé, Cébé and Serengeti Brands
Baird served as the exclusive financial advisor to Vista Outdoor Inc. on this transaction
AboutVista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) has completed the divestiture of the legal entities operating its Bollé, Cébé and Serengeti brands (the "Eyewear Brands" or the “Company”) to a transatlantic private equity firm for $158 million.
Vista Outdoor is a leading global designer, manufacturer and marketer of consumer products in the growing outdoor sports and recreation markets. The company operates in two segments, Outdoor Products and Shooting Sports, and has a portfolio of well-recognized brands that provides consumers with a wide range of performance-driven, high-quality and innovative products for individual outdoor recreational pursuits. Vista Outdoor is headquartered in Farmington, Utah.
The Company offers a platform of leading Eyewear & Outdoor Protection brands that operate within highly attractive consumer and industrial markets worldwide. The Company operates in two segments: (i) Adventure Protection and (ii) Safety. The Adventure Protection segment offers a variety of performance sunglasses, goggles, and snow / cycling helmets, while the Safety segment offers protective glasses, goggles and face shields to construction, automotive, oil & gas, mining, power, civil security and pharmaceutical end markets. The Company is headquartered in Suresnes and Lyon, France.
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- September 2018
- Vista Outdoor Inc.
- Target Location
- North America
- Acquiror Location