Revelyst Announces Sale of RCBS Reloading

Hodgdon Powder to acquire the popular reloading equipment manufacturer.

posted on May 9, 2024
Revelyst Announces Sale of RCBS Reloading

Revelyst—a segment of Vista Outdoor—has sold RCBS to Hodgdon Powder, a renowned Shawnee, KS-based supplier of smokeless and black powder substitute propellants. RCBS is a manufacturer of ammunition reloading equipment for hunters, competitive shooters and sporting enthusiasts based in Oroville, CA.

“At Revelyst, each and every day we honor the makers behind our brands and products—from the innovations they create to the cultures they build,” said Eric Nyman, CEO of Revelyst and co-CEO of Vista Outdoor. “For more than 80 years, RCBS has lived this maker-fueled ideal. We are thrilled for RCBS and their new connection with Hodgdon Powder. This transaction joins two iconic brands, and it ensures that RCBS is positioned for success in the next chapter of its history.”

Revelyst received interest from multiple parties interested in acquiring legendary firm. The sale is effective immediately.

“As part of Hodgdon, RCBS is positioned for growth with a company whose deep history in ammunition components, domestic manufacturing, and reputation with core shooting sports enthusiasts will help RCBS flourish,” said Steve Kehrwald, president and CEO of Hodgdon Powder. “Under Hodgdon’s ownership, RCBS can continue its operational excellence, growth and scale across the shooting sports industry.”

“Selling RCBS allows us to raise cash to create a more dynamic portfolio for our company’s future,” said Andy Keegan, CFO of Revelyst. “Revelyst will use proceeds from the sale to enhance the operational efficiencies of the company’s power brands, evaluate bolt-on acquisitions, and invest in maker-fueled innovation and organic growth.”

RCBS was founded in 1943 with one simple bullet die, and has grown into a leading manufacturer of reloading equipment for rifles and pistols. Hodgdon Powder was established in 1947 by Bruce and Amy Hodgdon. Today their sons, J.B. and Bob, have grown the company into the largest U.S. supplier of smokeless and black powder substitute propellants.


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