Bass Pro buys Cabela’s $5.5 billion

10/3/16 9:18 AM | by

Bass Pro Shops acquired competitor Cabela’s for $5.5 billion effectively turning the outdoor retailer private, according to a joint statement released Monday.

The companies said the driving force behind the agreement were the “complementary business philosophies, product offerings, expertise and geographic footprints of the two businesses.”

Bass Pro said it intends to maintain Cabela’s management and facilities in Sidney, Nebraska, where it was founded in 1961. Also, it will continue to honor customer rewards programs such as the Cabela’s Club Loyalty program.

For Cabela’s first quarter ending in July, the company attributed a 1.5 percent increase to firearms and shooting related sales.  Total revenued generated in the quarter was $929.9 million.

Latest Reviews

  • Magnum BFG

    Hunt big or go home: Magnum Research BFR in .30-30 (VIDEO)

    From the company of Desert Eagle fame comes this full line of over-built, serious single action revolvers. Guns.com gets friendly...

    Read Now
  • Revision, Caller, Seeker, Pursuer

    Revision Outdoor brings style, safety to outdoor adventures

    Kicking off its new consumer driven lineup, Revision Outdoor brings three sunglasses to civilians wanting a cooler vibe in the...

    Read Now
  • Sig Sauer M400 Tread: The New Face of Freedom (VIDEO)

    Sig Sauer's TREAD is not just another cheap “entry level” direct impingement rifle produced en masse for a saturated market.

    Read Now
  • If cowboys were Italian Traditions 1873 Revolvers by Pietta (VIDEO)

    While multiple reproductions are already on the market, Traditions has put their name on a fine line of Italian-built 1873...

    Read Now