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Thread: Mustad to be Bought

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  1. #1
    Join Date
    Mar 2010
    Location
    Speedway, IN
    Posts
    969

    Default Mustad to be Bought

    Apparently Mustad is about to be bought by an investment firm. http://www.wired2fish.com/Mustad-Hoo...ny-WhatsUp6091

    I have been a fan of Mustad hooks for several years. I am a little (OK a lot) concerned to see them up for sale. Was I the last person in the world to realize this?

  2. #2

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    Sounds like good news to me. With the infusion of cash hopefully we will see more, not less of Mustad hooks. At some point I hope Dr. Fish can chime in to tell us more, but it may be a while since the deal is not final.
    Trout don't speak Latin.

  3. #3
    Join Date
    Nov 2005
    Location
    Liberty Lake, Washington
    Posts
    3,566

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    Mustad are my all time favorite hooks. I'm more than a little concerned also.
    Where you go is less important than how you take the steps.
    Fish with a Friend,
    Lotech Joe


  4. #4
    Join Date
    May 2005
    Location
    KS
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    2,518
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    From my personal experience, when an investment group buys a company, it is bad news for quality, the employees, and the future of the company.
    Better to be an active environmentalist than and environmental activist.

    FFMIRSWTNBOF
    (Full Fledged Member in Raunchy Standing-Within The NBOF)

  5. #5

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    I would agree with you when it comes to American investment companies, but I have found it to be the opposite with European investment companies. I'll hope for the best.
    Trout don't speak Latin.

  6. #6
    Join Date
    Oct 2006
    Location
    Lancaster, PA
    Posts
    353

    Default

    I'm glad I stocked up. I love their hooks. Now I'm thinking I may need more...

    Our company used to be owned by a privately held investment company and it was great for us. It was after we were sold to a publicly held company in our own industry that we went to Hades in a handbag. It's never been the same. Time will tell what this means for them.
    A right emblem it may be, of the uncertain things of this world; that when men have sold them selves for them, they vanish into smoke. ~ William Bradford
    I finally realized that Life is a metaphor for Fly Fishing.

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