↑ Johnny Morris, CEO of Bass Pro Shops. The retail chain has bought Fishing Holdings LLC.
Bass Pro Shops has bought three of North America’s most iconic recreational fishing boat brands.
The outdoor sports retailer has announced that it has acquired Fishing Holdings LLC, the manufacturer of Ranger Boats, Triton and Stratos from Platinum Equity.
“This partnership brings added long-term stability for both companies and for the dealer networks that provide customers with quality boats at exceptional values,” said Bass Pro Shops CEO, Johnny Morris. The purchase also creates another connection between Morris and fellow conservationist and dedicated fisherman, Forrest Wood, the Ranger Boats founder.
“I have had the pleasure of knowing Forrest many years and I deeply respect him and his family that founded and built a solid performing business with excellent products.
“It is also important that our companies share comparable cultures and values and are dedicated to manufacturing quality products in the USA.”
On completion of the deal, Fishing Holdings will continue to operate under its existing management at its headquarters in Flippin, Arkansas, a two-hour drive from Bass Pro Shops’ home in Springfield.
“We are impressed with the company’s leadership team and performance and look forward to welcoming them to the Bass Pro Shops family,” added Morris.
“We are fortunate to partner with Bass Pro Shops, which understands the industry and our brands,” sad Fishing Holdings President, Randy Hopper. “This new alliance will provide synergies that will strengthen our independent retailer base and ensure our focus on fishing.”
Forrest Wood added: “I am excited for Ranger and the team at Fishing Holdings. Johnny’s organisation is deeply rooted in fishing and dedicated to conservation. He’s made a huge contribution to our sport and I believe this is a real opportunity to better serve so many dealers and loyal customers around the country.”
The financial details of the transaction have not been disclosed.
Platinum Equity acquired Ranger Boats and Stratos as a larger portfolio of boat brands in February 2010 from Genmar Holdings Inc., through a transaction conducted under the US Bankruptcy Code. Triton was added in July of the same year.
“Nearly five years ago we pledged to provide the resources and support necessary to help the company grow and evolve, while respecting the heritage and deep roots in fishing that make it so special,” said Platinum Equity Partner, Louis Samson. “We achieved our goals and I am very proud of all that has been accomplished during our stewardship.”
Dumped fishing dhow still stuck in the sea The Environment Agency – Abu Dhabi said rotting debris from the dhow at Mina fishing port was a cause for concern to marine life and the environment. Ravindranath K / The National ABU DHABI // A 50-foot fishing dhow that sunk in the harbour at Mina Zayed more than five months ago has still not been moved. Parts of the vessel were still sticking up on Wednesday even though it had sunk further into the sea. Its bow section is still a foot above water. The dhow is close to the Abu Dhabi Fishermen Cooperative Society office, which said last month said it was unaware of the craft. The Environment Agency – Abu Dhabi (Ead) said rotting debris from the dhow was a cause for concern to marine life and the environment, but it did not fall under the authority’s jurisdiction. “Ead is not in charge of port or waterway management,” said Ayesha Al Blooshi, terrestrial and marine biodiversity director at the authority. “Ead is only in charge of f...
Orvis Hydros SL Fly Reel - Tom Rosenbauer Insider Review www.rodflyfishing2.com Free Shipping - Shop Now: http://www.tridentflyfishing.com/fly-reels/orvis-fly-reels.html Orvis Hydros SL: The Hydros SL is a brand new reel that is a lot different from the old Hydros despite sharing the same name. Orvis Hydros: There is not another true large arbor, big-game fly-fishing reel out there that carries this drag system performance at a price starting at just 5. It's unheard of until now. The new Hydros® Reel Series features a sealed drag surface that increases total drag surface by model: The larger the reel, the larger the drag surface and the more resistance available to handle larger fish. Using stacked carbon washers, controlled by a positive click adjustment system, the Hydros can be fine-tuned to handle any fish from a trout to a tuna with sustained and infinitely durable drag pressure.
fish finders - Google News A River Runs Round Me - First Things (blog) A River Runs Round Me First Things (blog) Fishing nowadays involves sophisticated technology. Boats and motors have gone very high-tech, and fish finders help the hapless angler locate fish under the water using robust sonar technology. But at the end of the day, fishing puts you at the mercy ... more info...
