Swedish private equity firm Altor buying hockey equipment company CCM
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. Financial terms of the agreement were not immediately available.
Altor says it will support CCM and existing management to accelerate and unlock growth opportunities.
“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.