Bauer Hockey announced today it has purchased Mission-ITECH Hockey, a leader in goal equipment, protective apparel and facial protection.
The purchase is part of an investment strategy of Bauer’s management team and new ownership group, consisting of Kohlberg & Company and Montreal businessman W. Graeme Roustan.
“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.” said Kevin Davis, CEO & President, Bauer Hockey.
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.
