Monday, June 18, 2012

Eagle One Golf sold

I just got off the phone with someone at Eagle One... they told me this is indeed good news for Eagle One Golf, that they knew of and had worked with Golf Supply House for a long time, and that this was "good synergy." 

Here's the press release: 

Golf Supply House is pleased to report that it has completed the purchase of Eagle One Golf Products of Anaheim, Calif.

Eagle One Golf Products has served the U.S. golf industry nationally for more than 20 years. It has a well developed manufacturing capability in several key product segments including recycled plastic golf course furnishings, golf course signage, golf flags and also distributes a broad line of other golf course equipment and supplies. Paul Cherrie, President of Golf Supply House added, “We’re thrilled to have the opportunity to acquire Eagle One Golf. This acquisition will allow us to increase the depth and breadth of our product offerings to better serve the North American golf market.”

Golf Supply House plans to continue to operate the Eagle One Golf office and production facility in Anaheim, as well as its Eastern Distribution Center in Charleston, S.C.

Terms of the transaction were not disclosed.

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