Mountain Equipment Co. (MEC) might be on the brink of a major transition as whispers of a potential acquisition swirl around the struggling retailer. After an extensive search for financial backing, a recent competition review has pointed towards a possible buyer.

Competition Bureau Steps In!

On April 9, the federal Competition Bureau kicked off an investigation into a merger between TGI Holding Inc. and MEC. The Bureau aims to ensure that such deals won't jeopardize fair competition in Canada—meaning the future of MEC's iconic stores hangs in the balance.

Who is TGI Holding?

While details about TGI Holding remain murky, the critical question lies in what their acquisition could mean for MEC's future. As it stands, a spokesperson for MEC, Jo Salamon, has chosen to stay silent, offering little insight into the ongoing discussions.

From Co-op to Cash Crunch: MEC's Shaky Journey