M&A Deal Summary

Angling Direct Acquires Fosters Fishing

On October 2, 2017, Angling Direct acquired retailer Fosters Fishing for 3M GBP

Acquisition Highlights
  • This is Angling Direct’s 1st transaction in the Retail sector.
  • This is Angling Direct’s largest (disclosed) transaction.
  • This is Angling Direct’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-10-02
Target Fosters Fishing
Sector Retail
Buyer(s) Angling Direct
Deal Type Add-on Acquisition
Deal Value 3M GBP

Target

Fosters Fishing

England, United Kingdom
Fosters Fishing Ltd. From a 17,000 sq ft superstore located on the outskirts of Birmingham currently operates as one of the largest fishing tackle retailers in Europe. Having been in business for over 30 years and holding c£1.2 million of stock, Fosters caters for all types of fishing disciplines. The store is located just 5 minutes from J6 of the M6 and just 3.5 miles from Birmingham city centre.

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Buyer(S) 1

Buyer

Angling Direct

Norwich, United Kingdom

Category Company
Founded 2004
Sector Retail
Employees411
Revenue 82M GBP (2024)
DESCRIPTION

Angling Direct is a specialist fishing tackle retailer that sells fishing tackle products and related equipment through its network of 20 retail stores, located throughout the UK, as well as through its website (www.anglingdirect.co.uk) and other third-party websites. The Company currently sells over 21,500 fishing tackle products, including capital items, consumables, luggage, and clothing. Angling Direct was founded in 2004 and is based in Norwich, the United Kingdom.


DEAL STATS #
Overall 1 of 3
Sector (Retail) 1 of 3
Type (Add-on Acquisition) 1 of 3
Country (United Kingdom) 1 of 3
Year (2017) 1 of 3
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-16 North West Angling Centre

Wigan, United Kingdom

North West Angling Centre is one of the country’s largest angling superstores, supplying a vast range of tackle and bait from all the industry’s top names to discerning carp, coarse, pleasure, match, specimen, fly and sea anglers. Company Store is always packed to the rafters with stock, and they are big rafters too, as the store is a converted former church! With tackle spread over four floors you cab be assured we’ll always have what you want, when you want it, and with such a large customer base and a dedicated following of national and international customers via our dedicated online store,

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