Newell Brands has today announced that it has agreed the sale of Pure Fishing to a New York-based private equity group in a deal that is worth $1.3 billion. Sycamore Partners is the surprise choice of new owner for the business. It is unknown in fishing circles and owns no outdoor leisure-related industries. It specialises […]
On the eve of the ICAST trade show, Simms Fishing Products, the manufacturer of waders, outerwear and technical apparel, announced that it has received long-term investment from private equity firm Castanea Partners. Details of the financial agreement have not been revealed, but the Massachusetts company says that it typically invests up to $150m of equity […]