SGB Update Sportsmans
Bipartisan Group Of Senators Introduce The Modern Fish Act
The Modern Fish Act addresses challenges faced by recreational anglers, including allowing alternative management tools for recreational fishing, reexamining fisheries allocations, rebuilding fish stocks and improving recreational data collection.
Grundéns Hires David Mellon As CEO
Grundéns, producer of foul weather gear, today announced the hiring of David Mellon as CEO.
Vista Outdoor Announces Leadership Transition
Vista Outdoor Inc. announced today that chairman and CEO Mark DeYoung is retiring from the company and the board of directors, effective immediately. Michael Callahan, Vista Outdoor’s lead independent director, has been named interim chairman and CEO.
ScentLok Technologies Purchases Robinson Outdoor Products
ScentLok Technologies, a leading manufacturer of scent-controlling products, announced its acquisition of Robinson Outdoor Products.
Smith & Wesson Corp. To Acquire Gemtech
American Outdoor Brands Corporation announced that its firearms business, Smith & Wesson Corp., has agreed to acquire substantially all of the assets of Gemini Technologies, Inc., a provider of suppressors and accessories for the consumer, law enforcement, and military markets.
Nikwax NA Appoints President
After three productive years leading Nikwax North America, Rick Meade has announced he is leaving to seek new challenges and growth opportunities. Brian Davidson, current director of sales for Nikwax, has been named president, and Heidi Allen, current marketing director, has been promoted to VP of marketing.
Cabela’s/Bass Pro Deal Secures Antitrust Clearance
Bass Pro Shops acquisition of Cabela’s received the go-ahead from antitrust regulators.
Simms Fishing Secures Investment
Castanea Partners announced that it has made an investment in Simms Fishing Products, headquartered in Bozeman, MT.
Camping World Finalizes Gander Mountain Store List
Camping World Holdings Inc. on Friday revealed the 57 Gander Outdoors and Overton’s brand locations it plans to keep as part of its acquisition of Gander Mountain, which filed for bankruptcy in March.
Sturm, Ruger Appoints SVP Of Operations
Sturm, Ruger & Company Inc. announced the promotion of Thomas P. Sullivan to senior vice president of operations. In his new role, Sullivan will be responsible for all of the manufacturing, engineering and product development activities of the company.
American Outdoor Brands Sees Steep Earnings Drop In Fiscal 2018
The parent of Smith & Wesson warned that earnings would decline sharply due this fiscal year due to still elevated firearms inventory levels in the marketplace and its intention to remain aggressive in maintain market share.
West Marine To Go Private
West Marine Inc. has reached an agreement to be acquired by Monomoy Capital Partners, a New York-based private equity fund, for $12.97 per share in cash, which represents a total equity value of $338 million.
American Sportfishing Association Elects Board Of Directors Members
Four members of the American Sportfishing Association (ASA) were elected to fill two regional seats and two At-Large seats on the board of directors.
Lew’s Fishing Promotes Gary Remensnyder To CEO
Do Outdoors, LLC, also known as Lew’s Fishing, a leading supplier of branded fishing reels, rods, and related accessories, announced that Gary Remensnyder has been promoted to chief executive officer. Lynn Reeves will remain actively involved in the business as chairman
American Outdoor Brands Q4 Profits Slide
American Outdoor Brands Corp,, formerly Smith & Wesson, reported earnings on an adjusted basis declined 11.9 percent as lower gross margins offset a modest increase in sales.
