Private | |
Industry | Sporting goods |
Founded | Weston, Ontario (1899) |
Headquarters | Montreal, Quebec, Canada |
Products | Ice hockey equipment, Inline skates |
Parent | Adidas |
Website | www |
CCM, formerly an initialism for Canada Cycle & Motor Co. Ltd., is a sporting goods brand. The brand is held by two separate entities both maintaining the CCM trademark, one (The Hockey Company, now a subsidiary of Adidas) manufacturing ice hockey equipment and the other, CCM (cycle) manufacturing bicycles.
CCM was founded in 1899 after the collapse of the bicycle market. Established "when the operations of four major Canadian bicycle manufacturers amalgamated: H. A. Lozier, Massey-Harris, Goold, and Welland Vale Manufacturing." CCM produced bicycles for many years in the area of Weston, Toronto, Ontario. They also briefly produced the Russell automobile.
By 1905, with saturation in the bicycle market, CCM began producing hockey skates using scrap steel that was leftover at the plant from the manufacture of bicycles and automobiles, and subsequently began manufacturing other hockey gear.
In 1937, CCM acquired the Tackaberry brand made by a Manitoban named George Tackaberry and "Tacks" have been the company's signature skate until late 2006, when the Tacks line was replaced with the "Vector" line, then the "U+" line, and now the "RBZ" line. The "Tacks" line was reintroduced in 2014.
The original CCM went bankrupt in 1983. All of the assets of the Company were purchased by Procycle Group Inc. of Quebec who retained the bicycle division and sold off the hockey division to Montreal businessman David Zunenshine who owned GC Knitting, a manufacturer of hockey jerseys. The company subsequently used the CCM brand when producing hockey equipment.
The company entered the toy industry in 1988 through the acquisition of Coleco Industries and in 1990 when they acquired another financially troubled company, Buddy L Corp., a 70-year-old manufacturer of steel and plastic toy cars and trucks based in the United States.