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Vista Outdoor to shell out $413M for CamelBak

Jul 28, 2015 - The Deal Pipeline

Vista Outdoor Inc. (VSTO) has hunted down its second deal in a week, agreeing on Monday, July 27, to purchase water bottle and hydration pack retailer CamelBak Products LLC from Compass Diversified Holdings (CODI). The parties in separate statements anticipated the $412.5 million deal would close in the next month. Vista Outdoor on July 20 bought Jimmy Styks LLC, a Huntington Beach, Calif., maker of stand-up paddle boards, for $40 million. The pair of deals come after Vista Outdoor, a ...