Orvis to Acquire the Scientific Anglers and Ross Reels Businesses from 3M

3M wants out...

Manchester, VT (May 1, 2013) – The Orvis Company, Inc. of Manchester, Vermont today announced it has entered into a definitive agreement to acquire the Scientific Anglers and Ross Reels businesses from 3M (NYSE:MMM). Upon completion of the transaction, Orvis plans to continue to operate the Midland, MI based business independently under the Scientific Anglers brand. Ross Reels will also continue to operate independently under its brand name from its Montrose, CO headquarters. The transaction is expected to be completed in the second quarter.  Terms of the transaction were not disclosed.

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Deal of the Day - Ross Vexsis Reels

The Clymb is currently running a member exclusive sale event on Ross Vexsis reels and Women's Diamond Rods.

You'll have to cough up your e-mail address to become a member and the sale runs for three days, the clock is ticking.

3M and Montrose strike deal to keep Ross Reels in town next five years

As part of the agreement, the city will provide 3M — Ross Reels’ parent company — $20,000 annually over the next two years, while the county will provide $25,000 for one year. Those $45,000 and $20,000 sums will be used to market Ross Reels’ products and Montrose across the country.

LINK (via:Montorse Daily Press)

Vintage Chum

Ross Reels to be Featured on the Discovery Channel

Photo: Jon Covich

Ross Reels USA is to be  featured on the Science Channel "How It's Made" television series tonight (December 4th) at 9:00 PM.

LINK (Via:Fly Fish Addiction)

Check the schedule for times in your area.