Deal Snapshot
SYCAMORE PARTNERS CLOSES ACQUISITION OF PURE FISHING
Thursday 10 January 2019

US-based private equity firm Sycamore Partners has completed its acquisition of fishing tackle, lures, rods and reels provider Pure Fishing from Newell Brands (NYSE: NWL), the firm said. In connection with the closing, Harlan Kent has been named chief executive officer of Pure Fishing.
Newell said that gross proceeds from the Pure Fishing divestiture are anticipated to be USD 1.3bn. Kent has more than 30 years of experience working with and brands including Performance Sports Group, Totes Isotoner, and Yankee Candle Company.


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Details
Date Published: 10/01/2019
Target: Pure Fishing
Country: USA
Deal Size: 1.3bn (USD)
Sector: Consumer Products
Type: LBO
Financing:
Status: Closed
Vendor: Newell Brands
Buyer: Sycamore Partners
Comment:


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