Home / Knowledge / News / Apparel/Garments / Bauer Hockey acquires Mission-ITECH

Bauer Hockey acquires Mission-ITECH

25
Sep '08
Bauer Hockey announced it has purchased Mission-ITECH Hockey, a leader in goal equipment, protective apparel and facial protection.

The purchase strengthens Bauer's overall position in the marketplace and is part of the overall growth and investment strategy of Bauer's management team and new ownership group, consisting of Kohlberg & Company and Montreal businessman W. Graeme Roustan.

"The combination of innovation and expertise that is at the core of both of these leading organizations provides us with a unique opportunity in the highly competitive hockey industry," said Kevin Davis, CEO & President, Bauer Hockey.

"Mission-ITECH has made its mark on the industry with cutting-edge product innovations, and the addition of Mission-ITECH's complementary categories such as goal equipment, protective apparel and facial protection to Bauer's core strengths will allow us to further advance the performance of hockey players all over the world."

"Consolidation is essential for the long-term success of the overall hockey industry," said Mike Whan, CEO, Mission-ITECH.

"Mission-ITECH and Bauer Hockey are both dedicated to improving the game and creating a better experience for all players. That combined commitment will only help increase the overall health of the industry and the sport itself."

Bauer Hockey Corp, the Canadian entity of Bauer Hockey, based in Mississauga, Ontario and St. Jerome, Quebec, will acquire Mission-ITECH's Canadian operations.

Mission-ITECH's facility in Kirkland, Quebec and its distribution facility in Plattsburgh, N.Y. will remain open until May 31, 2009. Approximately 140 non-union employees will be impacted by the multi-phased closure of both facilities.

To minimize the impact of the acquisition, Bauer Hockey will provide affected Mission-ITECH employees financial assistance, applicable benefit packages and outplacement counseling.

Bauer Hockey continues to employ nearly 300 Canadian employees at its Research, Design & Development center in St. Jerome, Quebec and its Canadian headquarters and distribution center located in Mississauga, Ontario. More than half of all Bauer Hockey's global employees are based in Canada.

Bauer Hockey


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 30th Jul 2021

ILO outlines 3 scenarios for Asian garment sector recovery trajectory

Looking to the post-pandemic period, a new research brief by the...

Pic: Shutterstock

Retail | On 30th Jul 2021

UK retail sales up 0.5% MoM in June; clothing store sales down 4.7%

Retail sales volumes in the UK increased by 0.5 per cent in June 2021 ...

Pic: Shutterstock

Textiles | On 30th Jul 2021

Prime Content| Here's why global cotton trade will rise in July-Dec 2021

Global cotton trade is expected to rise in the coming months of 2021...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

Money never disappears-it just finds new opportunities

Meghavi Suthar,

Meghavi Suthar

Founded by NIFT graduate <b>Meghavi Suthar </b>in 2017, Kala is an...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search