Famous Adidas Golf Sold 2022

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Adidas Golf Sold. Is trading at 0.9 times forward sales on an enterprise basis, and titleist ball maker acushnet co. A day after announcing it had signed world no.

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David dusek and jason lusk. After months of shopping its golf brands, adidas has sold taylormade, adams golf and ashworth golf to kps capital partners lp for $425 million. A day after announcing it had signed world no.

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The short version of the adidas plan is for the company to sell its three golf brands, while increasing its focus on apparel and footwear. Golf supplier callaway golf co. Taylormade sold to a korean private equity firm for $1.6 billion. The company bought ashworth for $72.8 million in 2008 and adams golf in 2012 for $70.