The Hockey Company has acquired a 33.3% stake in t-blade, which is described by the company as “the next generation in skating technology.” The remaining equal shares are owned by Graf Canada Ltd. and t-blade GmbH.
“Sales by the joint venture of t-blade products have been increasing exponentially over the last 18 months and THCs purchase of a 1/3 interest in the joint venture will no doubt increase the sales of t-blade products at an even greater rate,” said Mike Hill, President of Graf Canada.
In a separate deal, the company also announced the formation of a European joint venture with t-blade GmbH that will be the exclusive marketer and distributor of t-blade products and technology throughout Scandinavia and Eastern Europe.