Pure Fishing (aka Gulp) Sold to Jarden

Discussion in 'Off Topic' started by tom_in_orl, Apr 13, 2007.

  1. tom_in_orl

    tom_in_orl Founder of Microskiff, Member of the Gheenoe Army

    Jarden Corporation who owns a bunch of companies like Coleman, Bicycle (playing cards), Food Saver, Mr. Coffee, Sunbeam, Crock Pot, and First Alert just bought Pure Fishing. You all know Pure Fishing for brands like Berkley, Gulp, Spiderwire, Abu Garcia, Stren, Mitchell, Fenwick, and SevenStrand. Watch for Purefishing brands to get tied closer to Coleman.

    The selling price was $300 Million. Pure Fishing was privately held up until this point and according to news articles usually had double digit profits. I know they got a ton of my money by way of Gulp and Berkley.

    Market Watch - Jarden to acquire Pure Fishing for $300 million
     

  2. tom_in_orl

    tom_in_orl Founder of Microskiff, Member of the Gheenoe Army

    I am still working on my first million ;D 300 was a little out of my reach :'(