Rapala could be a target for PE player - report (translated)
07 AUG 2017
Rapala [HEL: RAP1V], the Finnish fishing lure company, could attract the interest of a private equity player, according toTalouselama. The Finnish-language piece had written an unsourced piece about possible takeover candidates and wrote that Rapala has had major difficulties with its inventories recently and it has seen its sales and profitability weaken.
The item said that Rapala could attract the interest of a private equity player, thanks to its pricing level.
Talouselama is a Finnish business weekly, which is behind a paywall.