MIAMI — The Acushnet Company, makers of Titleist and FootJoy products, is selling the third piece of its golf business, Cobra, to Puma.
In a release sent to members of the media this morning, Wally Uihlein, chairman and CEO of Acushnet, said:
"With the sale of Cobra, we have the opportunity to devote all of our resources to the global growth of our industry-leading Titleist and FootJoy brands. At the same time, Cobra is a strong brand with a heritage of innovation, and we wish the quality associates guiding the brand future success. Golfers and our valued partners will remain the key focus throughout the impending sale and we are confident that our customers will continue to be serviced to our high standards"
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