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Swedish private equity firm Altor buying hockey equipment company CCM

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MONTREAL — 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.

MONTREAL — 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.

"We are excited to partner with the management team and accelerate the growth journey for CCM," said Andreas Källström Säfweräng, partner and head of the consumer sector at Altor. Star players using CCM gear include Auston Matthews, Sidney Crosby, Connor McDavid, Thatcher Demko and Sarah Nurse.

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