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April 11, 2007
Coleman's owner, Jarden, reels in Pure Fishing
"What this is, is an opportunity to take the good things Coleman does in Wichita and lend a hand to our friends in Iowa, now" The Coleman Co. will have a new niche in the outdoor products market -- sort of. Parent company Jarden Corp. said Tuesday it has acquired Pure Fishing Inc., a maker of fishing gear based in Spirit Lake, Iowa. It owns some powerful brands in the recreational fishing market, including Abu Garcia, Berkley and Trilene. The acquisition, which closed Friday, included $300 million in cash and a $100 million, five-year note. Jarden will operate the company under its Jarden Outdoor Solutions segment, which includes Coleman and is headed by Coleman chief executive Gary Kiedaisch. Read more
From Coleman's owner, Jarden, reels in Pure Fishing
Posted by Jim at April 11, 2007 05:34 PM
