As part of a strategic evolution, Michael and Nick Tamburro have announced the sale of their Freedom Tackle Corp. shares to American Baitworks Co., marking a significant milestone in the company’s journey that began in 2012 for the two brothers from Toronto, Canada.
This move comes as a deliberate step toward embracing new opportunities and advancing into an exciting phase of growth and innovation.
The decision to sell shares reflects Freedom Tackle Corp.’s commitment to fortifying its position in the market and capitalizing on emerging trends in the fishing industry. This transition is a testament to the dedication and hard work of its team, said the company, as well as the support of its valued retailers.
“We are immensely grateful for the trust and support we’ve received throughout our journey building our fishing tackle brand,” said Michael Tamburro, co-owner of Freedom Tackle Corp. “This strategic move positions us to start a new chapter and give American Baitworks the foundation to grow and expand the ‘Freedom’ brand.”
“We want to thank all of our retailers, customers, anglers, employees, friends, and family who helped us take an idea and build a brand that was proudly sold in retailers around the world,” said Nick Tamburro, co-owner of Freedom Tackle Corp.
The sale of shares opens doors to fresh collaborations, enhanced resources, and opportunities to amplify Freedom Tackle’s impact on the fishing tackle landscape. It marks a pivotal moment as the company propels forward, fuelled by a vision for continued success and excellence.
Freedom Tackle Corp. remains committed to its core values of innovation and assures stakeholders of a seamless transition. The company will continue to deliver exceptional fishing tackle while fostering a culture of innovation and excellence.
American Baitworks Co. is an innovative American fishing tackle company that provides custom manufacturing of fishing lures and products for customers’ specifications. The family of brands includes:
- BaitFuel
- NetBait
- Halo Fishing
- Snag Proof
- Scum Frog
- Freedom Tackle Corp.
- STH Bait Co.
