Sher-Wood Hockey Wins Approval to Acquire TPS Sports (2024)

Sher-Wood Hockey Inc.said it has received court approval and completed the purchase of the business assets of TPS Sports Group, a manufacturer and distributor of hockey sticks and protective equipment. TPS had been operating under the supervision of the Proposal Trustee since September 15, 2008. Sher-Wood Hockey has acquired the TPS inventory, receivables, and manufacturing equipment located in Wallaceburg and Strathroy, Ontario.

“This represents a very significant step in developing scale and brand strength for our global hockey business,” said Ralph Trott, president and CEO of Sher-Wood Hockey Inc. “The TPS brand has a strong presence in the National Hockey League and in hockey rinks around the world. Professional and recreational players choose TPS sticks and equipment for their quality and superior technology.” With the completion of the transaction, Sher-wood also announced that it expects to immediately integrate the TPS Wallaceburg based manufacturing and distribution functions into Sher-Wood's existing facilities in Sherbrooke, QC.

“We believe the synergies with TPS along with our current SWD, Sher-Wood and Inglasco brands, will create meaningful value for all our stakeholders,” Trott said. Sher-Wood Hockey Inc. was formed in June 2008 to purchase the hockey assets of the company formerly known as Sher-Wood Drolet. In September the company purchased the hockey novelty and licence assets of the company formerly known as Inglasco.

“Our focus in all of these transactions has been to assemble key hockey assets that positions us as an industry leader,” Trott concluded.

Sher-Wood Hockey Wins Approval to Acquire TPS Sports (2024)

FAQs

Who bought out TPS hockey? ›

Sher-Wood Hockey Inc. said it has received court approval and completed the purchase of the business assets of TPS Sports Group, a manufacturer and distributor of hockey sticks and protective equipment.

Who owns Sherwood Hockey Equipment? ›

Sherwood, styled sometimes as Sher-Wood, is a Canadian brand of ice hockey equipment owned by the Canadian Tire Corporation through its subsidiary INA International Ltd.

Is Sherwood Hockey publicly traded? ›

Is Sherwood Hockey a private or public company? Sherwood Hockey is a Private company.

What hockey team did Wayne Gretzky buy? ›

He became a minority owner of the NHL's Phoenix Coyotes in 2000 and was later named the Coyotes' head coach in 2005.

Is tackla still in business? ›

In 1961, the first ice hockey pants were also made in the Lauritsala factory. This was the beginning of TACKLA's success story, which continues even today. TACKLA is still globally known for “the best ice hockey pants in the world.

Do any NHL players use Sher-Wood? ›

As of Tuesday, there are exactly 280 NHL players using both CCM and Bauer sticks, with 130 using Warrior, 30 using True and seven using Sherwood. Those numbers can shift daily, and the biggest drivers of those changes are equipment representatives for each company.

What stick does Connor Bedard use Sher-Wood? ›

Bedard is using the Sherwood Rekker Legend Pro hockey stick this NHL season.

Where were Sherwood hockey sticks made? ›

Sher-Wood, the legendary Quebec maker of hockey equipment, is moving what remains of its stick production to Asia. The Sherbrooke-based company confirmed this week that it will shift manufacturing of its composite sticks to China this year. About 85 per cent of the company's products are already manufactured there.

What hockey company does Nike own? ›

NIKE HOCKEY

Nike actually bought Bauer's parent company Canstar in 1995 but sold their assets in 2008. You won't come across any Nike hockey equipment anymore, which is pretty sad.

What hockey team does Brett Wilson own? ›

Wilson retired as Chairman of FirstEnergy in 2008. His sports interests include ownership in the Nashville Predators of the National Hockey League.

Who bought the North Stars hockey team? ›

Due to mounting financial problems resulting from poor management of his non-hockey business ventures, Green only kept the Stars for three more years before selling them to Tom Hicks in 1996.

Who bought out Easton Hockey? ›

Bauer's parent company has issued a press release announcing that they have acquired Easton Hockey. Per a release from Performance Sports Group (Bauer), the company has formally acquired the Easton Hockey business from Easton Hockey Holdings, Inc.

What happened to Jim Carey hockey? ›

He signed a four-year, $11-million contract, but injuries quickly took their toll. And after stops in Boston and St. Louis, along with a couple stints in the minors, Carey retired from hockey. There was no Hollywood ending to the brief career of the goalie nicknamed 'Net Detective.

Who took over Reebok hockey? ›

Reebok in turn was acquired by Adidas in 2005. In the fall of 2013, Adidas created a new goaltending equipment line under the CCM brand name. Beginning in 2015, Adidas began phasing out the Reebok name from their hockey equipment lines, by creating equivalent or similar product lines under the CCM name.

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