10-21-2003, 04:31 AM
[font "Arial, Helvetica, sans-serif"][#000000][size 2]SPIRIT LAKE, IA—Pure Fishing Inc., which owns such popular fishing tackle brands as Berkely, Abu Garcia, Fenwick and others, announced earlier this month that it has purchased the assets of Sevenstrand Tackle Corp. to enhance its position in the saltwater market. [/size][/#000000][/font]
[font "Arial, Helvetica, sans-serif"][#000000][size 2]Sevenstrand Tackle is a leading manufacturer and marketer of wire, crimping sleeves and offshore fishing lures. Since its establishment in 1936, Sevenstrand has been known for high performance in the saltwater fishing market. [/size][/#000000][/font]
[font "Arial, Helvetica, sans-serif"][#000000][size 2]Company officials say the acquisition provides several benefits, including accelerating development of Pure Fishing brands in the saltwater market. [/size][/#000000][/font]
[signature]