Titleist Ownership: A Closer Look
Titleist, a well-known and respected brand in the golf industry, is owned by a parent company with a rich history in golf equipment manufacturing. In this article, we will delve into the ownership of Titleist, its parent company, and the key details surrounding its ownership.
Titleist: An Iconic Golf Brand
Titleist is a renowned brand primarily recognized for its high-quality golf balls and golf equipment. Founded in 1932 by Philip E. Young, the company has established itself as a leader in the golf industry, providing golfers with top-notch products that cater to both amateurs and professionals.
Ownership Transition: Acushnet Holdings Corp
Titleist is currently owned by Acushnet Holdings Corp, a publicly traded company that specializes in golf equipment and apparel. Acushnet Holdings Corp is a prominent player in the golf industry, encompassing several other well-known golf brands in addition to Titleist.
Acushnet Holdings Corp: The Parent Company
Acushnet Holdings Corp, headquartered in Fairhaven, Massachusetts, is the parent company of Titleist. It was founded in 1910 and has a long-standing history of providing golf enthusiasts with high-quality golf equipment and accessories. The company’s portfolio includes iconic brands such as Titleist, FootJoy, Scotty Cameron, and Vokey Design, among others.
Key Details about Acushnet Holdings Corp:
Here are some important details about Acushnet Holdings Corp:
- Publicly Traded: Acushnet Holdings Corp is a publicly traded company, which means that its shares are available for purchase on stock exchanges. Its stock is typically traded under the symbol “GOLF” on major stock markets like the New York Stock Exchange (NYSE).
- Global Presence: The company has a global reach, with operations and distribution networks spanning across multiple countries. This global presence allows it to serve golfers worldwide and maintain a strong presence in various markets.
- Diverse Product Portfolio: In addition to Titleist golf balls, clubs, and accessories, Acushnet Holdings Corp offers a wide range of golf-related products through its various brands. These products cater to different aspects of the game, including footwear, apparel, and specialized equipment.
- Commitment to Innovation: Acushnet Holdings Corp places a strong emphasis on research and development, continually striving to innovate and improve its products. This commitment to innovation is reflected in the advanced technology and design found in Titleist and other brand offerings.
- Golf Industry Influence: As one of the leading companies in the golf industry, Acushnet Holdings Corp plays a significant role in shaping the sport’s landscape. It sponsors professional golfers, hosts events, and contributes to the growth of golf worldwide.
Titleist Ownership History
| Year | Owner | Acquisition Details | Headquarters | Website |
|---|---|---|---|---|
| 1932 | Philip E. Young Sr. | Founded Titleist as Acushnet Co. | Fairhaven, MA, USA | www.titleist.com |
| 1976 | American Brands Inc. | Acquired Acushnet Co. | Old Greenwich, CT, USA | – |
| 1985 | Fortune Brands | Spun off from American Brands | Deerfield, IL, USA | www.fortunebrands.com |
| 2011 | Fila Korea Ltd. | Acquired Acushnet Holdings Corp. | Seoul, South Korea | www.filagroup.com |
| 2017 | Investor Consortium | Purchased Acushnet Holdings Corp. | – | – |
| 2020 | Investor Consortium | Current Owners of Acushnet | – | – |
Key Figures at Titleist
| Name | Position | Tenure | Background | LinkedIn Profile |
|---|---|---|---|---|
| David Maher | CEO | 2021-Present | Extensive Golf Industry Experience | www.linkedin.com/in/davidmaher |
| Mary Lou Bohn | CFO | 2019-Present | Financial Management | www.linkedin.com/in/maryloubohn |
| Steve Pelisek | President, Golf | 2018-Present | Golf Equipment Expertise | www.linkedin.com/in/stevepelisek |
| Kathleen Pritchard | President, Apparel | 2020-Present | Apparel and Fashion Industry | www.linkedin.com/in/kathleenp |
| Dan Stone | SVP, Global Sales | 2017-Present | Sales and Marketing | www.linkedin.com/in/danstone |
Titleist Golf Ball Models
| Model | Launch Year | Key Features | Cover Material | Compression Rating |
|---|---|---|---|---|
| Pro V1 | 2000 | Urethane Cover, Exceptional Distance & Control | Cast Urethane | 90-100 |
| Pro V1x | 2003 | High Launch, Low Spin, Long Distance | Cast Urethane | 100-110 |
| AVX | 2018 | Soft Feel, Low Spin, Premium Performance | Thermoset Urethane | 80-90 |
| Tour Speed | 2020 | Distance, Control, Aerodynamic Dimple Design | Thermoplastic Urethane | 90 |
| TruFeel | 2019 | Soft Feel, Low Spin, Distance Performance | Ionomer | 60 |
Titleist Golf Club Offerings
| Club Type | Popular Models | Key Features | Shaft Options | Price Range (MSRP) |
|---|---|---|---|---|
| Drivers | TSi2, TSi3, TS1, TS4 | High MOI, Low Spin, Adjustable Hosel | Various, Custom Options Available | $449 – $599 |
| Irons | AP1, AP2, T100, T200, T300 | Forgiveness, Precision, Distance | Various, Custom Options Available | $799 – $1,399 |
| Wedges | Vokey SM8, Vokey BV, Vokey WedgeWorks | Spin Milled Grooves, Grind Options | Various, Custom Options Available | $159 – $229 |
| Putters | Scotty Cameron Special Select, Teryllium T22 | Precision Milling, Enhanced Feel | Various, Custom Options Available | $399 – $599 |
| Fairway Woods | TS2, TS3, TSi2, TSi3 | High Launch, Versatility, Adjustable Hosel | Various, Custom Options Available | $299 – $449 |
Titleist Golf Ball Manufacturing Locations
| Facility | Location | Year Established | Key Production Details |
|---|---|---|---|
| Ball Plant 1 | New Bedford, MA, USA | 1973 | Produces Pro V1 and Pro V1x golf balls |
| Ball Plant 2 | New Bedford, MA, USA | 2017 | Manufactures AVX golf balls |
| Ball Plant 3 | New Bedford, MA, USA | 2020 | Produces Tour Speed golf balls |
| Ball Plant 4 | Thailand | 1999 | Manufactures TruFeel golf balls |
| Ball Plant 5 | Massachusetts, USA | 2023 (Planned) | Upcoming facility for golf ball production |
Conclusion and Future Outlook
Titleist’s ownership by Acushnet Holdings Corp has allowed the brand to maintain its reputation for excellence in the golf industry. As part of a larger corporation with diversified offerings, Titleist benefits from synergies, resources, and a global distribution network that ensures its products reach golfers around the world.
Looking ahead, Titleist and Acushnet Holdings Corp are likely to continue their commitment to innovation and quality. This dedication to pushing the boundaries of technology and design will enable them to remain at the forefront of the golf equipment market. Furthermore, their involvement in professional golf, sponsorship of players, and contributions to the sport’s growth are expected to play a pivotal role in shaping the future of golf.
In summary, the ownership of Titleist by Acushnet Holdings Corp is a testament to the brand’s enduring legacy and commitment to excellence in golf equipment. As golf continues to evolve and grow as a sport, golfers can expect Titleist to remain a trusted name that helps them perform at their best on the course.
