Company History
The company was sold to investors Roustan, Inc. and Kohlberg & Co., on February 21, 2008. The company is once again known as Bauer Hockey, though the Nike Bauer trademark was used until mid-2009.
On September 25, 2008, Bauer announced the purchase of rival Mission-Itech. Mission and Itech gear was rebranded as Bauer beginning in 2009.
Timeline:kitter 1927 Bauer family of Kitchener starts company. 1933 Company develops the first skate with the blade attached to boot. 1950s Bauer becomes a division of shoe giant Greb Industries. 1974 Warrington Products, controlled by Bronfman family, buys Greb. 1975 Company launches the TUUK blade holder. 1981 Ski and skate boot entrepreneur Icaro Olivieri merges his company with Warrington. 1988 Olivieri and investment group executes leveraged buyout of struggling Warrington and renames it Canstar Sports. Firm focuses on hockey equipment. 1992 Hockey star Eric Lindros joins Bauer team. 1995 Nike buys Canstar, Bauer’s parent company, for $395 million. 1997 Bauer introduces the lightweight VAPOR skate and a better helmet with dual density foam. 2005 Company develops the VAPOR XXX one piece stick. 2008 Quebec-based Roustan Inc. and U.S.-based private equity firm Kohlberg & Co. purchase Nike’s Bauer assets for $200 million. 2010 Bauer buys Maverik Lacrosse. 2011 Company announces plan to become a public company with a listing on the Toronto Stock Exchange.
In 2012, Bauer acquired Cascade.
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