Two more famous old tackle shops bought by Angling Direct

Two more famous old tackle shops bought by Angling Direct

Two more famous tackle shops have been bought by Angling Direct, which now has 20 stores nationwide.

North West Angling Centre and Tacklesaver – formerly Trev’s of Wilmslow – have been acquired by the chain for a total of £450,000 plus the value of the stock.

It follows Angling Direct's takeover of Fosters of Birmingham last month, which revealed detailed information about the shop's earnings

NWAC, which is housed in a former church in Hindley near Wigan, has been trading for more than 30 years

 NWAC is housed in a former church. PIC: Google

NWAC is housed in a former church. PIC: Google

Tacklesaver in Handforth had been known as Trev’s of Wilmslow and occupies a 5000-sq-ft store.

Angling Direct said the pair of shops generated revenues of roughly £1.8m in the tax year to March.

The ambitious chain, which is now a PLC, said more shops will be opening soon.

Chief executive Darren Bailey said: “Both North West Angling Centre and Tacklesaver are long-established and very successful business[es] with a loyal customer base and knowledgeable team.

Slipping into business speak, he added: “The acquisition will be earnings enhancing from day one and validates Angling Direct’s long-term strategy – to consolidate the fishing-tackle market whilst expanding our business through acquisition into new areas of the country with a strong angling demographic.

“Angling Direct continues to trade strongly and in line with the board’s expectations. We look forward to working closely on the integration and development of the newly acquired stores and expect them to improve their contribution to the company’s positive trading outlook over the coming months.”