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| StriperTalk! All things Striper |
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02-09-2011, 10:08 AM
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#1
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Captain Pete
Join Date: Feb 2005
Location: CT
Posts: 936
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Interesting. I wonder why Jarden is in the tackle business. If I'm not mistaken, they make household appliances.
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02-09-2011, 10:50 AM
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#2
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BuzzLuck
Join Date: Feb 2009
Location: Brockton
Posts: 6,414
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Quote:
Originally Posted by pmueller
Interesting. I wonder why Jarden is in the tackle business. If I'm not mistaken, they make household appliances.
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Jarden Corporation brands:
http://www.jarden.com/phoenix.zhtml?...door-solutions |
 Given the diversity of the human species, there is no “normal” human genome sequence. We are all mutants.
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02-09-2011, 11:51 AM
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#3
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Registered User
Join Date: May 2010
Location: South Central
Posts: 1,280
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what a dope! why would u sell the company that just had a breakthrough year in sales!! Think of the one company that you know is going to grow next year when it comes to the fishing industry. sebiles on top of the list. i woulda rode that horse a little longer before jumpin off wouldnt you!? How much u wanna bet the company woulda been worth triple of what it is now in a few years. classic sell out, and probably just f'd himself out of millions.
That deal they gave him musta been SOME SWEET to make him part with a business like that. its like im watchin the social network right now lol
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something clever and related to fishing
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02-09-2011, 12:45 PM
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#4
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Captain Pete
Join Date: Feb 2005
Location: CT
Posts: 936
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Quote:
Originally Posted by PRBuzz
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Must be thinking of another company. |
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02-09-2011, 03:27 PM
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#5
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Registered User
Join Date: Nov 2008
Posts: 40
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Always sell when your hot !
That is when the multiple is the highest. Usually the contracts also have an earn-out, where the seller can participate in the growth for 1-2 years, and earn a multiple on the difference. Someone comes up with a lure hotter then his, suddenly no one wants to pay the higher price his lures seem to command.
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02-09-2011, 07:00 PM
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#6
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Registered User
Join Date: Feb 2003
Location: Here and There Seasonally
Posts: 5,985
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I'd have sold, too. Why not retire if given the chance? No matter how hot or popular my product was, if given the chance to fish every day, I would.
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He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
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02-09-2011, 07:01 PM
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#7
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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YBFBI!  |
Almost time to get our fish on!!! 
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02-09-2011, 07:36 PM
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#8
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BuzzLuck
Join Date: Feb 2009
Location: Brockton
Posts: 6,414
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Quote:
Originally Posted by pmueller
Must be thinking of another company.
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Big company, they do household too
Jarden Corporation - Consumer Solutions |
Given the diversity of the human species, there is no “normal” human genome sequence. We are all mutants.
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02-09-2011, 09:07 PM
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#9
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Registered User
Join Date: Jul 2005
Location: North Shore
Posts: 1,701
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Jarden is just a holding company - they own Sunbeam, Bicycle Playing Cards, and a myriad of other companies such as coolers, Coleman, K2 skis and much more, and more diverse ... an odd collection of mish mash of mediocre stuff (especially the fishing stuff as is being expressed above).
This purchase is not much of a surprise as 2011 is being called the year of M&A - mergers and acquisitions - in the media.
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"It was the blackest night! There was no moon in sight! (You know the stars ain't shinnin cause the sky's too tight) "
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