Golf Industry News - Ashworth

KPS Capital Partners, LP announce that, through a newly formed affiliate, it has signed a definitive agreement to acquire the TaylorMade Golf Company – including the TaylorMade, Adams and Ashworth brands (collectively, "TaylorMade") – from adidas AG for total consideration of $425 million, around half of which will be paid in cash with the remainder in a combination of secured note and contingent considerations

The inancial press reports that the German sportswear maker to divest its Taylormade-Adidas Golf, Adams and Ashworth golf brands

The Golf Trade Show in the Harrogate International Centre on 6-8 October, featuring a bold and modern new branding, is now in its sixth year and is open to PGA professionals across Europe