MacGregor Golf

MacGregor Golf is a sports equipment company based in Albany, Georgia which specializes in golf, producing a full range of golf clubs, accessories and clothing.

Having previously been owned by the Wickes Corporation, and before that, the Brunswick Corporation,[1] Amer Sports acquired a majority 80% stake in MacGregor from Jack Nicklaus in the mid-1980s for a reported $8 million.[2] With MacGregor's fortunes deteriorating, in 1997 Amer sold the company to a British-led consortium.[3] The firm changed hands again the following August with its acquisition by equity investment company The Parkside Group.[4]

In 2003, MacGregor regained control of MacGregor Golf Japan from Suntory,[5] and in 2006, along with Greg Norman co-acquired the Greg Norman Collection brand of sports apparel from Adidas.[6] In May 2009, MacGregor was acquired by Golfsmith International and Norman stepped down as chairman.[7]

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Sponsorship Deals

In addition to its long association with Jack Nicklaus, MacGregor has had endorsement deals with many top professional golfers including José María Olazábal and Lee Janzen.

See also

References

  1. ^ "Wickes Sells Part Of Its Golf Unit". The New York Times (Associated Press). 6 April 1982. http://query.nytimes.com/gst/fullpage.html?res=9F01E5DA1239F935A35757C0A964948260. Retrieved 2008-09-17. 
  2. ^ "COMPANY NEWS; MacGregor Sale". The New York Times (Reuters). 3 December 1986. http://query.nytimes.com/gst/fullpage.html?res=9A0DEED91F3AF930A35751C1A960948260. Retrieved 2008-09-17. 
  3. ^ "MacGregor Golf Company Sale Completed Today". PR Newswire. February 5, 1997. http://www.prnewswire.co.uk/cgi/news/release?id=50712. Retrieved 2008-09-24. 
  4. ^ "Parkside Group Acquires MacGregor Golf Company". Business Wire (AllBusiness.com). August 21, 1998. http://www.allbusiness.com/company-activities-management/product-management-branding/6848394-1.html. Retrieved 2008-09-24. 
  5. ^ "Japanese Spirits Maker to Sell Golf-Equipment Subsidiary to MacGregor". Business Wire (AllBusiness.com). September 17, 2003. http://www.allbusiness.com/company-activities-management/product-management/10392591-1.html. Retrieved 2008-09-24. 
  6. ^ "Adidas selling Greg Norman Collection apparel business to MacGregor Golf". International Herald Tribune (Associated Press). October 24, 2006. http://www.iht.com/articles/ap/2006/10/24/business/EU_FIN_COM_Germany_Adidas_Greg_Norman.php. Retrieved 2008-09-24. 
  7. ^ "Golfsmith and MacGregor will focus on contemporary classic". Golf Digest. May 22, 2009. http://www.golfdigest.com/equipment/blogs/bombgouge/2009/05/golfsmith-and-macgregor-will-f.html. Retrieved 2010-01-09. 

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