Cabela's currently has thousands of catalog and Internet customers in Canada, but this would be its first Canadian retail operation. The purchase price has not been disclosed.
"In Cabela's 45-year history of continued growth, we've developed a reputation for unsurpassed customer service, value and an industry-leading selection of quality products. S.I.R. customers can expect the same," Highby said.
The purchase, which Cabela's expects to close in 30 to 60 days, will be Cabela's second announced venture in Canada. The Sidney Neb, based company plans to build one of its trademark destination retail stores at the proposed Lac Mirabel development in Montreal.