{"id":6327,"date":"2017-06-06T07:00:05","date_gmt":"2017-06-06T05:00:05","guid":{"rendered":"http:\/\/flyfishing-blog.com\/flyfishing-blog.com\/?p=6327"},"modified":"2017-06-04T13:02:12","modified_gmt":"2017-06-04T11:02:12","slug":"mustad-controlling-interest-sold-to-investment-company","status":"publish","type":"post","link":"https:\/\/flyfishing-blog.com\/flyfishing-blog.com\/2017\/06\/06\/mustad-controlling-interest-sold-to-investment-company\/","title":{"rendered":"Mustad controlling interest sold to investment company"},"content":{"rendered":"

\"The<\/p>\n

The Ard Group has sold the controlling interest in Norwegian hook giant, O.Mustad & S\u00f8n AS, to investment company, Verdane Capital IX.<\/strong><\/p>\n

The owner of O. Mustad & S\u00f8n AS has sold its majority stake in the Norwegian hook making giant in a move designed to take the iconic brand’s international sales ‘to the next level’. Verdane Capital IX, a Norwegian investment company has bought a controlling interest in Mustad and Sunkost AS from the Ard Group.<\/p>\n

\"Mustad
Mustad CEO, John Are Lindstad: ‘very enthusiastic about leading Mustad to the next level’.<\/strong><\/figcaption><\/figure>\n

 <\/p>\n

For Mustad, a Scandinavian company with roots dating back to the 19th century, the investment marks the next phase of development. John Are Lindstad, who was appointed CEO in April said: “Mustad is a company with an inspiring history and a 140-year tradition. I am very enthusiastic about leading this great team and company to the next level, with expansion built around Mustad’s globally strong brand.”<\/p>\n

As a global leader in fishing hooks, Mustad produces over 1.5 billion items per year for recreational and commercial use. The company has 460 employee, and revenues of Nkr 312m in 2016.<\/p>\n

Read the rest of the story at Angling International here<\/a>.<\/p>\n

Source: www.thefishingwire.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ard Group has sold the controlling interest in Norwegian hook giant, O.Mustad & S\u00f8n AS, to investment company, Verdane Capital IX. The owner of O. Mustad & S\u00f8n AS has sold its majority stake in the Norwegian hook making giant in a move designed to take the iconic brand’s international sales ‘to the next […]<\/p>\n","protected":false},"author":1,"featured_media":6328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[42],"tags":[1919,284,1920,1917,1918],"class_list":["post-6327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-capital","tag-company","tag-investment","tag-mustad","tag-verdane"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t