Swedish investment group adds CCM to its roster as it makes a play for growth

Swedish private equity firm Altor says it has signed a deal to acquire a significant majority stake in hockey equipment maker CCM Hockey from Birch Hill Equity Partners. Canucks goalie Thatcher Demko stands in front of his net before an NHL hockey game against the Calgary Flames in Vancouver, on Tuesday, April 16, 2024. THE CANADIAN PRESS/Darryl Dyck, as the two companies eye new demographics and try to build out the global market share of Canada's oldest hockey equipment maker.

"Together we will continue the tradition of making sure that all players and goalies are represented in the best possible way in the sport they love." "Hockey is a lucrative business," said Michael Naraine, associate professor of sport management at Brock University. The CCM deal comes after the owner of rival Bauer Hockey announced earlier this week that affiliates of Fairfax Financial Holdings Ltd. will acquire controlling interest in the business.

The Liberal government will vote against the Bloc Quebecois opposition day motion regarding boosting seniors benefits when it comes up in the House of Commons later today.A Pickering, Ont., student going to college to be a mechanic is shocked the engine in his two-year-old car will not be repaired under warranty after the dealership claimed he had been 'over-revving' the engine.

'Too expensive and poorly targeted': Liberal government to vote against Bloc motion on seniors benefits The last living member of the legendary Vancouver Asahi baseball team, Kaye Kaminishi, died on Saturday, Sept. 28, surrounded by family. He was 102 years old.On Saturday night at her parents’ home in Delaware, Ont. the Olympic bronze medallist in pole vault welcomed everyone who played a role in getting her to the podium in Paris.A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.

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Swedish private equity firm Altor buying hockey equipment company CCMSwedish private equity firm Altor says it has signed a deal to acquire a significant majority stake in hockey equipment maker CCM Hockey from Birch Hill Equity Partners.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Swedish private equity firm Altor buying hockey equipment company CCMMONTREAL — Swedish private equity firm Altor says it has signed a deal to acquire a significant majority stake in hockey equipment maker CCM Hockey from Birch Hill Equity Partners. Under the deal, CCM’s management will also reinvest in the company.
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Swedish private equity firm Altor buying hockey equipment company CCMMONTREAL — Swedish private equity firm Altor says it has signed a deal to acquire a significant majority stake in hockey equipment maker CCM Hockey from Birch Hill Equity Partners. Under the deal, CCM’s management will also reinvest in the company.
Source: PGCitizen - 🏆 65. / 51 Read more »

Swedish private equity firm Altor buying hockey equipment company CCMMONTREAL — Swedish private equity firm Altor says it has signed a deal to acquire a significant majority stake in hockey equipment maker CCM Hockey from Birch Hill Equity Partners. Under the deal, CCM’s management will also reinvest in the company.
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Swedish private equity firm Altor buying hockey equipment company CCMMONTREAL — Swedish private equity firm Altor says it has signed a deal to acquire a significant majority stake in hockey equipment maker CCM Hockey from...
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