Announced
Completed
Financials
Tags
Single Bidder
Acquisition
United Kingdom
Private Equity
Friendly
fishing tackles
Recreational Products
Private
Majority
Completed
Synopsis
BDT Capital completed the acquisition of Fox International, Europe’s largest privately-owned fishing tackle company, from Mayfair for $182m. This transaction represents a key step towards Lew’s goals of accelerating growth, further enhancing its product innovation and branded fishing equipment offerings and executing bolt-on acquisitions. "When we partnered with Mayfair and Next Wave, we set ourselves ambitious growth targets and I am immensely proud of everything we have done together. Our collaborative approach has allowed us to consistently grow, enter new countries, and continue to innovate, all resulting in a steady stream of great new products and services. Lew’s understand our business and place the same importance on innovation and customer service as we do. We are incredibly excited by the prospect of working with such an experienced team as we continue to grow Fox successfully with our new long-term investment partners," David Algar, Fox Executive Chairman.
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