Deals
Fairfax Gains Control of Hockey Gear Maker Bauer in Deal With Desmarais Family
Bauer hockey gloves for sale at a store in Mississauga,
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Canada’s Fairfax Financial Holdings Ltd. will acquire control of hockey-equipment maker Peak Achievement Athletics Inc. in a deal with an investment manager owned by Montreal’s Desmarais family.
Fairfax will take over Sagard Holdings Inc.’s interest in Peak, which owns brands including Bauer Hockey, Cascade Lacrosse and Maverik Lacrosse, according to a statement Monday.