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Alliant Techsystems to buy Bushnell Group Holdings in $985 million deal

Published September 5, 2013 11:41 am
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Alliant Techsystems Inc., the Minnesota-based aerospace company with extensive operations in Utah, said it has signed an agreement to purchase Bushnell Group Holdings Inc. for $985 million in cash.

Bushnell is a designer and distributor of branded sports optics, outdoor accessories and eyewear.

It is projecting sales for calendar 2013 of approximately $600 million. ATK said it will integrate Bushnell into its Sporting Group, which produces sporting and law enforcement ammunition and shooting accessories.




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