Brief: Rapala and Shimano agree new distribution strategy for dynamite fishing baits in UK

Rapala VMC Oyj

01/09/2016 10:00

Sept 1 (Reuters) - Rapala Vmc Corp  RAP1V.HE : 
    * Rapala VMC Corporation (Rapala) and Shimano Europe Fishing B.V (Shimano) agree new 
distribution strategy for dynamite fishing baits in the UK 
    * UK distribution of Dynamite will come under control of Rapala and Dynamite Baits Ltd and 
Shimano will acquire back 50% of Shimano Normark UK Ltd from Rapala 
    * Transaction will have no material impact on Rapala's financial result or financial 
position and have no impact outside of UK 
 
Source text for Eikon:  ID:nGNE8GFpls  
     
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