Acushnet Holdings Corp. acquired Links & Kings, a transaction completed in January 2018, structured as acquisition of all of the assets (immaterial / undisclosed amount). The deal was a Asset purchase.
Links & Kings operates in FootJoy golf wear. Links & Kings, LLC is dedicated to the design and handcrafted production of luxury leather golf and lifestyle products. Acushnet acquired all of the assets of Links & Kings in January 2018 for an amount the company describes as immaterial to its consolidated financial statements. Results have been included in Acushnet's FootJoy golf wear reporting segment since the date of acquisition.
Adds a handcrafted luxury leather goods brand the company intends to grow by increasing production capacity and leveraging existing distribution channels.
Handcrafted luxury leather brand complementing the FootJoy franchise. Increase Links & Kings sales by increasing production capacity and leveraging existing distribution channels. FootJoy golf wear reporting segment
In January 2018, the Company acquired all of the assets of Links & Kings, LLC for an immaterial amount. Links & Kings, LLC is a company dedicated to the design and handcrafted production of luxury leather golf and lifestyle products.Acushnet Holdings Corp. FY2019 Form 10-K, Business Combinations note
Advisory firms were not disclosed for this transaction.