Tag Archives: Bass Pro Shops

Bass Pro Shops will acquire competitor Cabela’s Incorporated, the two companies announced Monday. Bass Pro Shops will acquire Cabela’s for $65.50 per share in cash, representing an aggregate transaction value of approximately $5.5 billion. In addition, upon closing Bass Pro Shops will commence a multi-year partnership agreement with Capital One, National Association, a wholly-owned national banking subsidiary of Capital One ...

Universal Technical Institute (UTI) announced a three-year agreement with Bass Pro Shops to supply boats and accessory equipment to support the marine technician training program at UTI's Marine Mechanics Institute (MMI) campus in Orlando. Through the agreement, Bass Pro Shops will supply seven fully loaded boats and related accessory equipment for use as training aids and will collaborate with MMI ...

Bob Ziehmer has been named senior director of conservation for Bass Pro Shops and lead director of the Johnny Morris Foundation. Ziehmer brings more than 25 years of experience managing significant conservation programs ranging from habitat restoration to outdoor education initiatives at the Missouri Department of Conservation (MDC), where he has served as director for the past six-and-a-half years. “Bass ...

Several top executives at Fishing Holdings resigned during the Thanksgiving week, but owner Bass Pro Group remains "deeply committed" to the brands, the company said. Fishing Holdings president and CEO Randy Hopper, vice president of sales Keith Daffron and vice president of finance Mendel Hughes all abruptly resigned effective Nov. 23. Fishing Holdings includes the Ranger, Stratos and Triton brands. "Last ...

Hunting and fishing superstore chain Cabela's announced Wednesday it would be exploring "strategic alternatives" for the future of the company, including a potential sale. Cabela’s is working with Guggenheim Securities, LLC as its financial adviser and Sidley Austin LLP and Koley Jessen P.C., L.L.O. as its legal counsel to assist in the strategic review. The company did not announce a ...

GE Capital, Commercial Distribution Finance (CDF) has expanded its inventory financing program with Bass Pro Shops and Tracker Marine to include the distribution network of Fishing Holdings, LLC. The agreement will run through 2018. Bass Pro Shops recently acquired Fishing Holdings, a manufacturer of fiberglass and aluminum fishing boats that includes the Ranger, Stratos and Triton brands. Fishing Holdings will ...

Bass Pro Shops has announced “Gone Fishing,” a major new program to introduce people of all ages, especially urban youth and children overly-focused on their digital devices, to fishing as a gateway to discovering the outdoors. The national program encompasses a variety of significant initiatives designed to introduce audiences that haven’t been exposed to outdoor recreation, and inspire experienced anglers ...

Today at the annual Progressive Insurance Miami Boat Show, NOAA Fisheries Administrator Eileen Sobeck announced a new national policy to better serve America’s 11 million recreational saltwater anglers and the companies and communities that rely on them. The National Marine Manufacturing Association (NMMA), which runs the boat show, hosted today’s briefing for media and constituents. Recreational fishing is an important ...