CBC – New York private equity firm Bain Capital has bought a majority stake in Canadian winter gear manufacturer Canada Goose for an undisclosed sum. The two companies announced the deal in a news release Tuesday.
Founded in Toronto in 1957, Canada Goose makes winter apparel for use in extreme low temperatures. Its goods are sold in more than 50 countries and are a frequent target for counterfeiters. The company has grown to employ more than 1,000 people in manufacturing facilities in various parts of Canada.
