A University of Nebraska-Lincoln business expert says the specific details of Bass Pro Shop’s acquisition of Cabela’s are still unknown.
However, Sam Nelson, director of UNL’s Center for Entrepreneurship, says customers likely will not see many changes in the near future.
“They were in very similar markets and from what it looks like they’re going to do, they’re going to honor the rewards points and the credit cards of both companies moving forward, and the product lines are very similar,” Nelson tells Nebraska Radio Network.
Less certain is what will happen on the corporate side of the merger, but Nelson says some duplication will be eliminated.
“That’s where it will be interesting, what they determine on Cabela’s side of the house to keep and continue to do, and what’s best on the Bass Pro side of the house and how they merge those together,” he says. “We don’t know what those are going to look like.”
He says Cabela’s employees in Sidney, Neb., and the community there, can hold out hope that the deal is not all bad news, given Bass Pro Shop’s news release announcing the deal:
Bass Pro Shops appreciates and understands the deep ties between Cabela’s and the community of Sidney, Nebraska. Dick, Mary and Jim Cabela founded their company in Sidney in 1961, and the company has flourished with its base of operations there ever since. Bass Pro Shops intends to continue to maintain important bases of operations in Sidney and Lincoln and hopes to continue the very favorable connections to those communities and the Cabela’s team members residing there.
Still, Nelson thinks there will be some growing pains as the two companies merge, even though they have similar products and services, and share like values in promoting hunting, fishing, and outdoor activities.
“Because they’re made up of different people in different regions with different processes. As you try to merge those together, that’s always a challenging task.”
The Bass Pro Shop acquisition of Cabela’s is worth $5.5 billion.