By Kirk Falconer
U.S. sports products company True Temper Sports Inc has acquired VH Footwear Inc, a Winnipeg manufacturer of custom hockey skates that is led by Founder and CEO Scott Van Horne. No financial terms were disclosed. True Temper said the acquisition is strategic and will provide a growth platform for its TRUE hockey business. As part of the deal, True Temper said it will continue to produce VH skates in Canada. Headquartered in Memphis, Tennessee, True Temper, a maker of hockey, golf and lacrosse products, was acquired by U.S. private equity firm Lincolnshire Management in 2012.
PRESS RELEASE
True Temper Sports Acquires VH Footwear
Nov 22, 2016
Memphis, TN – True Temper Sports, a leading developer and manufacturer of Hockey, Golf and Lacrosse products announced today the acquisition of Winnipeg, Manitoba based hockey skate manufacturer, VH Footwear Inc. The terms of the deal were not disclosed. The acquisition will add exciting, innovative technology to the company’s advanced R&D portfolio and expand TRUE Hockey’s reach into the important skate category…. Read More
Source: https://www.pehub.com/canada/2016/11/3421727
Additional Articles:
TRUE TEMPER SPORTS ACQUIRES VH FOOTWEAR – TRUE Hockey – https://true-hockey.com/true-temper-sports-acquires-vh-footwear/