A wholly-owned subsidiary of home shopping company Redcats Group , Redcats USA, has completed the acquisition of The Sportsman's Guide, Inc., a US-based catalogue and online retailer of outdoor and sports gear, for $31 per share. Following the approval of the transaction by the board of directors of The Sportsman's Guide earlier in May and by the US antitrust authorities, The Sportsman's Guide's shareholders approved the proposed merger on August 25.
Redcats USA is a catalogue and online marketer of apparel and home products, operating in North America. Its primary brands include Chadwick's, Roaman's, and KingSize. The Sportsman's Guide is a direct marketer of outdoor gear and general merchandise, with a special emphasis on outdoor clothing, outdoor equipment, sporting goods, golf apparel and equipment and footwear.