Stop the privatization of Mountain Equipment Co-op

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MEC announced today that it is to be privatized and acquired by Kingswood Capital Management.

This decision to take one of Canada's treasured co-op businesses private was made by the board with no mandate from or consultation of the 5.4 million MEC members across Canada.

We call upon the MEC Board and Management team to cancel this decision to sell to a private equity firm - and engage with and consult MECs members.

This decision to privatize MEC will take away democratic decision making power from the MEC members - and put at risk the socially-conscious cooperative outfitter that MEC is.