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Ray­mond Lanc­tôt Ltd. Ac­quires NRG En­ter­prises

Montreal, Que.-based sport­ing-goods dis­trib­u­tor Ray­mond Lanc­tôt Ltd., the Cana­dian dis­trib­u­tor of Fis­cher and Swix, has ac­quired NRG En­ter­prises, a cy­cling-dis­tri­bu­tion com­pany based in Nel­son, B.C.

Lanc­tôt op­er­ates from a state-of-the-art 60,000-square-foot fa­cil­ity in Montreal and launched a bike di­vi­sion in 2016. The re­cent ac­qui­si­tion was an­nounced in June 2017.

NRG was founded in 1989, and dis­trib­utes Unior, Surly, Chro­mag, Ortlieb, Maxxis, Hope, HT, Early Rider, MRP, Küat, 7IDP, USWE, Orange Seal, Huck Nor­ris, Red Mon­key, WPL, Sen­sus, Benno, Cush­core, Rave­men, Melon and Julbo.

BNS Ex­pands Skigo to Canada

Colorado-based Boul­der Nordic Sport (BNS) an­nounced in Au­gust that a long-term dis­tri­bu­tion agree­ment was fi­nal­ized with Skigo AB of Swe­den, and it was ex­pand­ing the brand in North Amer­ica to in­clude Canada with Andy Shields as sales man­ager.

BNS will dis­trib­ute Skigo ski wax, tools, poles, roller­skis and ac­ces­sories along­side the com­ple­men­tary brands Air­trim (cold-air masks), Er­col­ina (pol­ing machines), Guru (kick wax) and Mag­nar (kick wax). A list of au­tho­rized deal­ers can be found at www.skigo.com.

K2 and Mad­shus Sold to Kohlberg

In July it was an­nounced that K2 Sports, owner of leg­endary Nor­we­gian ski-man­u­fac­turer Mad­shus, was sold to Kohlberg & Com­pany, a pri­vate eq­uity firm based in New York that owns Bauer Hockey Cor­po­ra­tion. The move is part of the sale of other ma­jor win­ter-sports brands such as Marker, Volkl, Full Tilt, Line and Ride, all pre­vi­ously owned by Newell Brands Inc. K2 Sports also owns At­las and Tubbs snow­shoes.

Gross pro­ceeds from the di­vesti­ture are ex­pected to be $240 mil­lion [US]. Net sales for the di­vested busi­ness were ap­prox­i­mately $330 mil­lion dur­ing 2016, with earn­ings be­fore in­ter­est, tax, de­pre­ci­a­tion and amor­ti­za­tion of ap­prox­i­mately $25 mil­lion.

Many top Nordic ath­letes are spon­sored by Mad­shus, in­clud­ing Nor­way's Heidi Weng, Ingvild Flugstad Oest­berg and top biath­lete Emil He­gle Svend­sen, along with U.S. cross-coun­try skiers Brian and Caitlin Gregg, Noah Hoff­man, Ida Sar­gent and, most re­cently, Liz Stephen.

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