NEW YORK — Global law firm Reed Smith today announced that it has advised Vista Outdoor, a leading global designer, manufacturer and marketer of consumer products in the growing outdoor sports and recreation markets on the pending sale of the Bollé, Cébé and Serengeti eyewear brands. Gross proceeds from the divestiture are expected to be approximately $158 million.
The New York-based Reed Smith team that advised Vista Outdoor was led by partner Chris Sheaffer, and included associates Anatoliy Rozental, Lowell Bourgeois, and G. N. Smith Alpert.
A copy of the press release issued by Vista Outdoor announcing this transaction can be found here.