It has been very difficult to find the correct words to use for this press release, as we have been very fortunate to have some fantastic staff working for the company over the past 39 years, during which time we all have forged some great friendships, and as such helped to create the fantastic family feel we have here at Fosters.
We would really like to thank everyone who has helped to make the business a success, customers, suppliers and staff alike, and are confident that this great business will go from strength to strength now under its new owners. Fosters was established in 1978 by Richard Foster, and has evolved over the years to become one of the major fishing retail stores in the country. Richard has decided to continue to work within the business on a part time basis, his passion is still to help support and drive the business forwards, whilst Gill and Mark have both decided that, after many years of hard work to keep the business forging forwards, they will look to retire after a short handover period.
We are delighted that in Angling Direct Plc we have found a buyer who really appreciates the staff, and business, and understands how to operate it properly going forwards. It was very important that we found the correct buyers, and in Angling Direct we see the best possible future for both the business, and more importantly the staff. Having reviewed other possible options, Angling Direct represented by far the safest and most secure for all concerned.
We would like to wish the Angling Direct Fosters, the very best for the future, and we look forward to popping in now and then to keep in touch with everyone, and we are sure that the family culture which we have within the business will continue under the new owners.
Kind Regards,
Gill, Mark & Richard Foster