NEW YORK – Global law firm Reed Smith has advised Revelyst, a segment of Vista Outdoor, Inc., the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products, on its sale of Fiber Energy Products to Lignetics, Inc.
Fiber Energy began producing 100 percent all-natural wood pellet fuel in 2006. Over time, Fiber Energy has become a manufacturer of BBQ and grilling pellets and premium hardwood and softwood heating pellets throughout the midwestern and southern United States.
Headquartered in Bloomfield, CO, Lignetics is the largest residential wood pellet manufacturing company in the U.S.
The New York-based M&A team which advised Revelyst was led by partners Chris Sheaffer, Anatoliy Rozental, and Simon Kliegman and associates Lowell Bourgeois and Jenna Johnston.
Additional details about this transaction can be found on vistaoutdoor.com.