Global Edition

Callaway Golf Europe acquires Southern European distributor

12.00pm 5th January 2001 - Corporate - This story was updated on Monday, June 27th, 2011

Callaway Golf Europe, a subsidiary of Callaway Golf Company (NYSE: ELY) announced today that it has acquired Green Fee, the former distributor of Callaway and Odyssey Golf products in Spain, Italy and Portugal. This acquisition reflects the excellent work of Green Fee and its employees over the last 10 or so years and signifies the completion of Callaway Golf Europe’s core distribution network. In line with the rest of Callaway Golf Europe, all operations will be run from the European Headquarters based in Chessington, Surrey, UK. The Outside Sales team will continue to represent Callaway Golf in their respective countries.

Patrice Hutin, President of Callaway Golf Europe stated that “the Green Fee operation has created a wonderfully strong position for the Callaway and Odyssey Golf brands in Southern Europe. I am sure that Ricardo Galà­, in his new capacity as Sales Manager for this region, will continue this tradition. With the skills and dedication of Ricardo and his team we expect a seamless transition. We would like to extend our congratulations to them all and welcome them to Callaway Golf Europe.”

Ricardo Galà­ added that “after years of representing Callaway and Odyssey Golf as an independent distributor across Southern Europe, we are extremely pleased to have completed this acquisition with Callaway Golf Europe. I have a very committed and experienced team who are all excited about becoming a part of Callaway Golf Europe’s organisational structure and we are all looking forward to the opportunity of realising the full potential of the Callaway and Odyssey golf brands in Southern Europe.”

The Callaway Golf Preferred Retailer Programme that currently exists across the rest of Europe will now be extended to Callaway Golf’s customers in Spain, Italy and Portugal. This programme rewards loyal business partners and aims to provide a mutually beneficial business relationship between Callaway Golf Europe and its customers.

Callaway Golf Company www.callawaygolf.com

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