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Mon, May. 20

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Bauer Performance to buy helmet maker



EXETER — Bauer Performance Sports Ltd. has agreed to acquire Cascade Helmets Holdings Inc., a manufacturer and distributor of men's and youth lacrosse helmets in North America, according to a report on www.laxpower.com, for $64 million.

The acquisition, subject to adjustment, is expected to close on or about June 29, the company said in a news release.

Cascade also manufacturers eyewear in North America, and other lacrosse equipment, and recently established a hockey-helmet business.

“The acquisition of Cascade increases our presence in North America's fastest growing team sport, and allows us to expand our product offering in our core hockey business through the use of Cascade's proprietary helmet technology and manufacturing capabilities,” said Kevin Davis, president and chief executive officer of Bauer.




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