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CCM company history timeline

1899

The history of CCM dates back to 1899 and the launch of Canada Cycle & Motor Company Limited in Weston, Ontario, Canada.

CCM was founded in 1899 after the collapse of the bicycle market.

1905

By 1905, with saturation in the bicycle market, CCM began producing hockey skates using scrap steel that was left over at the plant from the manufacture of bicycles and automobiles, and subsequently began manufacturing other hockey gear.

1917

Interest in the Stanley Cup led to the creation of professional leagues and eventually the creation of the National Hockey League in 1917.

1977

The roots of CCM Group stretch back to 1977, when Commercial Centers Management Realty launched in Puerto Rico with a focus on providing acquisition, development, leasing and asset management services.

1983

The original CCM went bankrupt in 1983.

With this toehold in the sporting goods industry, Zunenshine took a major step in 1983 when he purchased the hockey equipment business of CCM Inc.

1990

Zuzenshine made further inroads into toys in 1990 through another distress sale, picking up the remains of United States toy truck maker Buddy L Corporation.

1992

He supplemented this business in 1992 by acquiring Montreal-based Norca Industries Inc., maker of children's swimming pools and sleds, as well as sandboxes, some of which bore the Batman and Playskool licenses.

1993

SLM continued to expand in 1993.

Starting in the fourth quarter of 1993, the company began losing money.

Having resurrected Canstar, Wasserman left in 1993 to become president of Weider Health and Fitness.

1994

By this point, Takefman was already gone, having resigned in August 1994 because of philosophic differences over the company's future direction.

The situation was only exacerbated by the problems Zunenshine now endured with his Canadian real estate business, Belcourt, which was forced to file for bankruptcy in September 1994.

1995

Canstar was acquired in 1995 for CAD546 million by Nike, Inc., the United States athletic footwear company that had its sights set on hockey.

SLM filed for Chapter 11 bankruptcy protection, in 1995, selling off Buddy L and the SLM Fitness equipment business.

1996

In September 1996, Wasserman signed a five-year agreement to succeed Howard Zunenshine as SLM's CEO at the behest of a creditor's committee comprised of representatives from six insurance companies and several banks.

Many investors recognized CCM's underlying strength and began jockeying to gain control as SLM developed a plan of reorganization in 1996.

1997

In 1997, the company emerges from bankruptcy protection and reorganized.

1999

In 1999, SLM is renamed The Hockey Company.

2000

The other brands—Heaton, Canadien, and Titan—became subbrands under the main three, with CCM associated with Heaton, Titan with Jofa, and Koho with Canadien. Thus, when in 2000 it won the licensing rights to manufacture and market jerseys for all 30 NHL teams as well as the uniforms for officials, the company parceled the business to the different brands.

2004

In June 2004, The Hockey Company was bought by Reebok.

2005

Reebok in turn was acquired by Adidas in 2005.

2006

All brands other than the CCM brand were retired and Reebok introduced its own RBK Hockey gear, later to be re-branded as Reebok Hockey.Then in 2006 Reebok were bought by Adidas-Salamon AG of Germany, Adidas continue to use the Reebok name on Hockey equipment.

2009

In 2009, building on CCM’s legacy of real estate leadership, CCM Real Estate opened its doors in Washington, DC to invest in commercial real estate in the eastern United States.

2012

CCM Energy launched in late 2012 to execute this strategy, investing expansion capital into high-growth companies offering clean energy and resource efficiency solutions for the built environment.

2013

In the fall of 2013, The Hockey Company created a new goaltending equipment line under the CCM brand name.

2014

The "Tacks" line was later reintroduced in 2014.

2015

Beginning in 2015, The Hockey Company began phasing out the Reebok name from their hockey equipment lines, by creating equivalent or similar product lines under the CCM name.

2017

In 2017, Adidas sold CCM to a Canadian private equity firm, Birch Hill Equity Partners, for around $100 million.

2021

As of June 2021, the newly appointed CEO by Birch Hill Equity Partners is Marrouane Nabih.

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Founded
1899
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Headquarters
New York, NY
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CCM may also be known as or be related to CCM, CCM Inc and CCM LLC.