American Baitworks Co.
Acquires 50% Stake in Freedom Tackle
American Baitworks Co. is pleased to announce the company has completed
their investment in Freedom Tackle Corporation, a leader and innovator in Swing
Head Action Jigs, Spinnerbaits, BuzzBaits and Hardbody Baits for Bass, Walleye,
Panfish and Salmon fishing
Freedom Tackle
Corporation’s approach to developing innovative baits has virtually defined the
category of Swing Head Technology in the fishing industry. The company’s
proprietary and patented removable hook system and customizable swing head
technology has fueled the company’s growth and expansion across the United
States and globally.
“Since our very first day in business, Freedom
Tackle has been committed to advancing lure technology to create better fishing
experiences as well as putting products into the hands of anglers of any skill
level that flat out perform and catch fish.” said Michael Tamburro, co-founder
of Freedom Tackle “Now, leveraging the strength of American Baitworks Co. group
of companies, Freedom can further our growth through product design and
innovation.”
Through the deal, American Baitworks Co. will
invest heavily in new product design and development, brand awareness,
marketing and sales. Michael Tamburro has been named Senior Vice President of
Innovation and Nick Tamburro has been named Senior Vice President,
International with American Baitworks Co. Tom Chopin has been named Director of
International Sales.
“We’re very excited to be a part of American
Baitworks Co. Group of Companies and to work alongside NetBait Lures, Scum Frog
and Halo Fishing to grow our collective brands.” said Nick Tamburro, co-founder
of Freedom Tackle “The entire team at American Baitworks is made up of
passionate anglers with a commitment to making positive contributions to the
sport we all love”
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