All Okuma articles

  • rapala-countdown-elite-75
    Article

    Rapala VMC makes progress stabilizing business in FY24

    7 March 2025

    As the Finnish group prepares for a CEO transition, it reports mixed FY24 results, citing progress in efficiency and brand positioning.

  • 1200px-Rapala_Logo.svgz
    News briefs

    Rapala VMC Corp. issues FY22 profit warning

    1 September 2022

    Rapala VMC Corp., citing a short open water fishing season this year and strong de-stocking at retail, is forecasting a significant drop in annual operating profit against the €32.1 million it reported for the financial year 2021. The Finnish-based fishing tackle company also said abnormal weather on all key continents, ...

  • News briefs

    Rapala acquires Okuma brand and associated property rights in Europe and Russia

    1 February 2021

    Rapala VMC and Okuma Fishing Tackle have agreed that Okuma will transfer to Rapala its European and Russian trademarks and associated intangible assets against consideration of $8 million. The two companies have also agreed to conclude a supply agreement for the area. Okuma will become the flagship brand in Rapala’s ...