The adidas Group and Adams Golf, Inc. (NASDAQ: ADGF) today announced that the TaylorMade-adidas Golf business segment has entered into a definitive agreement to acquire all of the outstanding shares of Adams Golf for $10.80 per share in cash. The transaction value is approximately $ 70 million (approximately € 53 million), which represents a premium [...]
Category: Golf Industry News
In a continuing sign that consolidation is growing more common in the Australian golf industry, Amstel Golf Club has announced that it has acquired the management and operational rights of the Greg-Norman-designed Settlers Run Golf and Country Club, in Melbourne’s eastern suburbs.
The agreement, which is set to begin in July, will see Amstel take over operations from incumbent Troon Golf, while members of both courses, thus allowing members of both clubs to gain access to each course.
PGA Professional Ray Wilson was among those honoured by the Governor General on the Australia Day honour list, awarded the Medal (OAM) of the Order of Australia last week. Wilson, the Club Professional at Strathfield Golf Club since 1961, was recognised for his ‘service to the sport of golf and to the community through a [...]
Maybe golf’s ultimate wannabe heavyweight, that ubiquitous and annoying social climber named Trump, can co-opt the rights, since selling the product is at the core of this proposal and he’s got deep pockets. After all, the way things are headed, those hoping to claw their way into the PGA Tour starting next year first must [...]
A $6 million redevelopment is taking shape at the Mildura Golf Club. The project will redesign the layout of three holes of the golf course, allow a 100 housing block subdivision and the development of a new resort. General manager Marcus Guthrie says the new holes are almost finished and the entire development is planned [...]
Just a little over a year since the devastating 2011 floods hit Queensland, golf courses in Brisbane and further south on the Gold Coast have copped a lashing from Mother Nature this week. After a dry start to 2012, more than 80mm fell at the start of last week with a further 250mm falling in [...]
The 59th PGA Merchandise Show Week is steeped in tradition but overflowing with innovation. All of golf’s top influencers and market leaders are in one place, plus more than 200 companies new to the Show. Product presentations from nearly 1,000 leading golf companies and brands to comparison shop and bring back the best merchandise assortment [...]
Bundaberg’s John Kirchner is about to tee off on a dream golfing adventure, and it only took him 30 years to get there. At 53 he is about to play his first tournament in the Australian PGA Legends tour in Sydney, and John says he is excited to be taking his game to the next level [...]
VETERAN Greg Norman is highly unlikely to add to his two majors, but believes Australia should see success at the highest level of golf soon enough. It’s been more than five years since Geoff Ogilvy took out the 2006 US Open, the nation’s last major triumph and the only one in the past 17 years since [...]
The question I receive most frequently from my clients is: How do I increase the number of fans on my fan page? First of all, I would like to note that Facebook fan count is not the only way to measure ROI for your social media efforts. However, if it is your current objective, then [...]
Bollé Australia have announced the appointment of Champion Sports to run the distribution of Bushnell’s world renowned golf-specific laser and GPS rangefinder product, utilizing their Australia and New Zealand-wide representative network to provide sales and technical service. In addition, Champion Sports will also assist in the distribution of the exciting new range of Bollé golf specific eyewear. Bollé Australia [...]
Professional golfer and coach-of-champions Ian Triggs is teaming up with Brookwater Golf Club to bring the world-famous Ian Triggs Golf to Queensland’s number one golf course this July. Brookwater Golf Club is now fully-equipped with Industry-leading coaching facilities, with Ian Triggs and his team providing clinics and lessons to golfers of all ages and experience. [...]
Australian golfing legend Greg Norman’s first course design in South Australia has officially opened for play. The finishing touches have been put on the first nine holes of the new Copperclub golf course at The Dunes Port Hughes on the Yorke Peninsula, with thousands of golfers expected to tackle the Scottish style links layout in [...]
Australian golf legend Peter Thomson, the man with the vision to create the best golf course in regional Australia overlooking the spectacular South Sale wetlands, officially commemorated the construction of the Gippsland Links Development project on Friday 4th March. The Deputy Premier of Victoria Hon Peter Ryan and Mayor of the Wellington Shire Jeff Amos [...]