Global Edition

Golf Industry News - Fortune Brands

The sale from Fortune Brands, Inc. to a consortium led by Fila Korea, Ltd. and Mirae Asset Private Equity has been completed

Agreement reached for world's leading golf equipment company to be purchased from Fortune Brands by group led by Fila Korea Ltd. and Mirae Asset Private Equity. The purchase price is $1.225 billion.

Acushnet Co., the golf-products division of Fortune Brands Inc., said that in the last three months operating income declined by 2.5% to $43.3 million from $44.4 million a year earlier.

GolfBusinessNews.com (GBN) is for the many thousands of people who work in the golf business all around the world.

We cover the full range of topics both on and off the course. We aim to supply essential information both quickly and accurately in a format which is easy to use. We are independent of all special interest groups.

Subscribe

Click here to sign up for our free twice weekly golf industry news summary

View the latest newsletter here