UPDATE 1: A spokesperson from Pure Fishing says the company has no comment on the future of Plano Molding.

Original story: South Carolina-based Pure Fishing Inc. has closed on the purchase of Plano Synergy Holdings, the parent company of Plano Molding. The purchase of the company was finalized earlier this month. As part of the deal, of which terms were not disclosed, Pure Fishing has sold Plano Synergy's archery and hunting accessories brands to GSM Outdoors.

According to a press release, Pure Fishing will keep ownership of the Plano and Frabill brands along with Plano's storage and fall storage business, and Creative Options and Caboodles Brands.