Sher-Wood Hockey Inc. announced that it has purchased the inventory, receivables and certain manufacturing assets relating to Inglasco Ltd., a Sherbrooke, Quebec based producer and distributor of hockey related novelty products as well as NHL and CFL licensed merchandise. The company had sought protection from its creditors on July 17, 2008.
Ralph Trott, president and CEO of Sher-wood Hockey Inc., said “This group of assets provides significant increased revenue through our cost structure; and that will improve profitability as we gain momentum in the market. It also creates greater marketing opportunity for the Sher-Wood and SWD Hockey brands given the complementary distribution channels the products share.”