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 hockey equipment maker CCM to be bought by Swedish private equity firm
A CCM skate is pictured.

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.