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Reebok To Buy Hockey Co Holdings For $204M>RBK
Thursday, April 8, 2004 05:19 PM ET

CANTON, Mass. (Dow Jones)-- Reebok International Ltd. (RBK, news) Thursday said it agreed to acquire Hockey Co. Holdings Inc. (HCY.T, news), a Canadian maker of hockey apparel and equipment, for about US$204 million.

...The move, which also calls for assumed debt of US$125 million, strengthens Reebok's presence in both the professional and recreational hockey-equipment markets.

Hockey Co. had sales last year of about US$240 million, up from about US$213 million in 2002.

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