Rapala VMC Acquires Remaining Stake in DQC International (13 Fishing)
December 21, 2023
Rapala VMC Corporation purchased the remaining 40% stake in DQC International, the owner of the 13 Fishing rod and reel brand, from James Coble, bringing the brand fully into Rapala's ownership. Rapala said it will consolidate 13 Fishing into Rapala USA to strengthen its position in the U.S. rod and reel market and leverage its global manufacturing, purchasing and distribution capabilities.
- Buyers
- Rapala VMC Corporation
- Targets
- DQC International, 13 Fishing
- Sellers
- James Coble
- Industry
- Consumer Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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