Feel Golf Company, Inc. has purchased the assets of Caldwell Golf Company, Inc. for an undisclosed amount. Feel Golf, based in Monterey County, CA, is a manufacturer of golf clubs and reverse taper golf grips. Caldwell Golf offers advanced ceramic technology for improved playing performance.
“I am pleased to report that we have signed a definitive agreement with Feel Golf Company, Inc. for the majority of our assets”, stated Bruce Caldwell, Founder, President and CEO of Caldwell Golf Company. “Feel Golf's USA retail and international distribution partners open up a tremendous amount of new markets for the Caldwell Brand. We are excited to have Caldwell's ceramic technology in drivers, fairway woods and putters combined with a known industry leader in technological innovation.”
Lee Miller, Chairman and CEO of Feel Golf Company, Inc., stated: “We believe Caldwell Golf has some very valuable technology in its patents and product lines and when combined with our distribution channels – opens up some attractive opportunities for increased sales and revenues as well as market awareness. This acquisition is part of our overall growth strategy – to acquire technologically advanced golf equipment that can significantly improve all golfers' playing performance and experience and increase shareholder value.”
