Cabela's closed on the sale of Van Dyke's Taxidermy, a division of Cabela's Inc., to McKenzie Sports Products, LLC, a Gridiron Capital portfolio company.
“Van Dyke's Taxidermy is a great addition to McKenzie,” said Gridiron Capital's Managing Partner, Tom Burger. “Van Dyke's has a long-standing reputation for quality products and top-notch customer service in its niche market. We look forward to partnering with Van Dyke's senior leadership team to improve customer service and grow the industry.”
“We are thrilled with the opportunity to add a brand such as Van Dyke's to McKenzie's business,” said McKenzie's Chairman, Kevin McKenzie. “We are excited by the opportunity to work with the team at Van Dyke's and to continue to expand its footprint in the taxidermy market.”
“We have been very proud to have had Van Dyke's taxidermy business as part of the Cabela's family for more than a decade,” said Tommy Millner, Chief Executive Officer of Cabela's. “When the prospect of this sale first came up, we knew McKenzie would be the perfect home for this great company. The opportunities McKenzie brings are exciting for Van Dyke's loyal employees and customers, as well as for the taxidermy industry as a whole.”
“As it relates to our third-quarter results, we do not expect the cash proceeds from the sale or the resulting gain to have a material impact,” Millner added.
