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TaylorMade was independently owned until 1984, when Salomon S.A. acquired the company. At the time, the union was strategically compatible for both companies which were innovators in their industries: Salomon wanted to diversify and made the decision to enter a "three-season" market, and TaylorMade benefited from the worldwide resources of Salomon.
In 2012, Adams Golf was acquired by TaylorMade Golf (which was owned by Adidas by then) for USD 10.80 per share in cash (roughly 70 million). As a result, Adams was added to the corporation set of golf brands, such as Adidas Golf and TaylorMade–adidas Golf. TaylorMade assured that Adams' headquarters in Plano, Texas, would remain. [2]
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The company sells its products through golf retailers and sporting goods retailers, through mass merchants, directly online, and through its pre-owned and trade-in services. Callaway markets its products in more than 70 countries worldwide. The company, based in Carlsbad, California, is the world's largest manufacturer of golf clubs.
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Cleveland Golf is a sporting goods company owned by SRI Sports Limited, a subsidiary of Sumitomo Rubber Industries Ltd.. The company creates golf equipment. Based in Huntington Beach, California, Cleveland Golf began as a company producing replicas of classic golf clubs. The company was founded as the Cleveland Classics by Roger Cleveland in 1979.
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