Europe’s largest privately owned fishing tackle company is said to being readied for sale for an asking price believed to be in the region of £150m.
A UK-based industry magazine has reported that the owner of Fox International, Mayfair Equity Partners, has appointed banker, William Blair, to prepare the company for a sale.
Fox International, based in the south of England, was bought by Mayfair Equity Partners in 2015 in a deal said to be worth £50million. It boasts the Fox, Matrix, Specialist, Predator and Fox Rage brands that cover carp, match, coarse, predator and modern lure fishing.
The business manufactures more than 3,000 products and exports to more than 30 countries, including the US, Japan and Russia.