Raven Fishing flies again after deal

Troubled European tackle retailer Raven Hengelsport has been saved from bankruptcy thanks to two of the Raven brothers and an online shopping firm.

The family-owned tackle business – which had four large stores and a strong web presence – was on the verge of closure earlier this year but Dion and Iwan Raven and managing directors of the German Brubaker-Group, Hans-Jurgen and Klaus-Peter Eberhard, stepped in with a package to keep it afloat.

The takeover is said marks the start of new opportunities for the former company and several employees of the Raven team.

The company will be focusing on expanding its online presence, while reopening two mega stores in Lelystad and Steenwijk in The Netherlands. The stores will offer a wide range of fishing tackle and share their angling expertise with their customers.

Raven Fishing has been active in the fishing tackle industry for almost 50 years and the company said: “The Brubaker-Group and the two Raven brothers are excited to be part of this historic moment and are looking forward to continuing the company’s legacy of providing quality fishing tackle and exceptional customer service.

It was back in January that the Court of Central Netherlands began the process of winding the firm up while administrators looked for a potential way to save the business. Many of the company’s financial problems were said to be caused by the high costs of importing goods from Asia.

Raven Hengelsport also had two more megastores in Almelo and Rijen which are currently not scheduled to reopen.