| e9ukzruzxi | Date: Duminica, 2014-03-02, 12:30 PM | Message # 1 |
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| Puma buys Cobra Golf
The Acushnet Company, the golf business of Fortune Brands, Inc. (NYSE: FO), has signed binding agreement with the sale of Cobra Golf to PUMA AG. The sale includes the Cobra brand, not to mention related inventory, ip and endorsement contracts, and is particularly controlled by customary closing conditions and regulatory approvals. Financial information the transaction wasn't disclosed.
Acushnet also announced gives always provide services for the agreed upon time period after the closing with the sale to facilitate a seamless transition. Services along the lines of production, distribution, field sales and customer service guarantees that Acushnet Company Cobra trade accounts and golfers still receive industryleading service challenging transition period.
the sale of Cobra, we have now the chance to devote all our resources in the global increase of our industryleading Titleist and FootJoy <a href=http://kundan.com/pics/index.asp?q=945>http://kundan.com/pics/index.asp?q=945</a> brands, said Wally Uihlein, Chairman and CEO of Acushnet Company. one time, Cobra may be a strong brand that has a heritage of innovation, and wish the quality associates guiding the brand future success. Golfers and our valued partners will remain the crucial element focus during the entire impending sale and we are positive that our customers will still be serviced for our high standards.
Pending regulatory approval, the effective date from the sale of Cobra Golf to PUMA is expected to always be in the start your second quarter, and everything business will still be conducted by Acushnet Company until the moments. All Acushnet Company associates specifically for the Cobra business are hoped for to be employees of PUMA. Financial terms of the pending transaction have not been disclosed.
and FootJoy are powerful golf brands that happens to be poised for longterm <a href=http://addonix.com/images/events/home.asp?q=221>オークリーショップ</a> growth, continued Uihlein. laser focus and our longstanding deal with deliver superior performance and quality will strengthen <a href=http://kundan.com/pics/index.asp?q=959>http://kundan.com/pics/index.asp?q=959</a> golfers trust in the Titleist and FootJoy brands in all of global markets.
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