Salmo Group has acquired SAENGER Top Tackle and Westline Angelgeräte
Salmo Group SIA, a Riga-based family-owned fishing products vendor, has acquired SAENGER Top Tackle GmbH and Westline Angelgeräte GmbH, German wholesale distributors of fishing tackle across Western Europe.
Salmo Group, together with its related entity Salmo SIA, is a family-owned business that has grown into one of the largest fishing products vendors in the Baltic States, with extensive operations across Eastern Europe. Headquartered in Riga, Latvia, the group distributes both its own brands — SALMO, Lucky John, NORFIN and Feeder Concept — as well as internationally recognized brands such as Sensas, Daiwa, Balzer, Meiho and Owner. In addition to wholesale distribution, the group operates a retail chain of 20 stores across the Baltics and CIS countries, complemented by a network of online stores.
SAENGER Top Tackle and Westline Angelgeräte are affiliated entities active in the wholesale distribution of fishing equipment and accessories. Based in Germany, the companies combine the distribution of selected third-party brands with the sale of proprietary products. With a strong focus on Western Europe — particularly Germany, Austria, Poland and the Czech Republic — the group offers an extensive range of more than 9,000 SKUs. Its brand portfolio includes established labels such as Iron Claw, Anaconda, Saenger and Unicat.
Oaklins’ team in Latvia acted as the exclusive financial advisor to Salmo Group, supporting the transaction from target identification and approach through valuation, due diligence, financing support and closing. Oaklins’ team in Germany assisted with outreach to potential targets and provided local market insights.
Talk to the deal team
Related deals
Armira has signed an agreement to acquire a majority stake in Viabus
Armira, a Germany-based investment firm, has signed an agreement to acquire a majority stake in Viabus, a leading Dutch tour operator focused on senior and young senior travelers.
Learn moreStrikeforce has acquired Retail Safari from CPM Australia
Strikeforce AMC Pty. Ltd. has acquired Retail Activation Pty. Ltd., known as Retail Safari, from CPM Australia Pty. Ltd. The acquisition represents a strong strategic fit for Strikeforce, expanding the group’s presence across adjacent retail channels in consumer electronics, telecoms and financial services, as well as enhancing its field activation and consumer marketing capabilities.
Learn moreOui Care has completed a minority LBO alongside BNP Développement, Banque des Territoires and Raise Impact
Oui Care has completed a minority LBO with new top-tier financial partners, BNP Paribas Développement and Banque des Territoires, alongside Raise Impact, a long-standing investor that has renewed its confidence in the company. This transaction forms part of a sustainable growth trajectory built around two key components: accelerating territorial coverage, largely driven by the expansion of its franchise model, and expanding its presence in the rapidly growing autonomy market.
Learn more