MACH completed the acquisition of La Cordee Plein Air.

Groupe MACH, a private equity investment firm, completed the acquisition of La Cordee Plein Air, which operates five outdoor equipment stores that specialize in skiing, cycling and mountain sports. Financial terms were not disclosed. "The support of a partner as seasoned as MACH Capital will allow us to close a painful chapter in our company's history and we are now beginning the transformation that will allow La Cordée to reposition itself as a key Québec player in the outdoor equipment retail segment. We are confident that MACH Capital's ambition for a return to profitability and growth for La Cordée will give new impetus to our activities," Emmanuelle Ouimet, La Cordee CEO.