Shimano Buys Japanese Lure Maker Jackall

Shimano has acquired all shares of Jackall, the Japanese fishing lure company, the companies announced November 4. The two have worked together since 2010, including on Shimano's Poison rod series. 'JACKALL brings a distinctive approach to product development and a strong connection with anglers,' said Jason Livermore, president of Shimano North America Fishing. The announcement did not say whether Jackall's product lines or prices will change.