Canadian hockey equipment maker CCM to be bought by Swedish private equity firm
Private equity firm Altor said on Wednesday it has agreed to buy a majority stake in Canada's iconic 125-year-old brand CCM Hockey, which specializes in manufacturing sports equipment and apparel.
Canadian icon CCM Hockey bought by Swedish firm
Swedish buyout firm Altor Equity Partners has agreed to buy a majority stake in CCM Hockey, the maker of Tacks and JetSpeed hockey gear favoured by stars Sidney Crosby and Connor McDavid. Stockholm-based Altor is acquiring the business from Canada’s Birch Hill Equity Partners Management Inc., it said in a statement reviewed by Bloomberg News.
Altor Equity Partner buys CCM, Canada’s oldest hockey equipment maker, for $600-million
The European funs outbid several rival private equity funds and sports companies to acquire CCM from Birch Hill Equity Partners
Swedish private equity firm Altor buying hockey equipment company CCM
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.
European PE firm Altor to buy majority stake in Canada's iconic CCM Hockey
Private equity firms are increasingly looking towards the booming sports sector, where companies partner with popular leagues that attract large crowds and foster a loyal customer base. In August, the owners of the National Football League (NFL) allowed some private equity firms to buy up to a 10% stake in any team,
Ice Hockey Brand CCM Finds New Owner in Sweden’s Altor Equity
When the puck drops on the new season of the National Hockey League next week, a major brand that equips some of the top players will be getting a new owner.
Nordic Private Equity Firm Buys CCM Hockey Majority Stake
One of the biggest brands in hockey is changing owners once again. Altor is taking a majority stake in CCM Hockey, the skates, equipment and accessories manufacturer that has outfitted players for over a century.
Altor to partner with iconic hockey brand CCM Hockey
Altor Fund VI ("Altor") has signed an agreement to acquire a significant majority stake in the iconic hockey brand CCM Hockey. CCM's management will reinvest in the company. Altor will support CCM and existing management to accelerate and unlock growth opportunities in both current and new segments,
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