Daiwa Seiko Inc. has acquired the entire share capital of Japanese golf club manufacturer, Fourteen Golf Inc. Best known for its wedges and hybrids, Fourteen Golf has been designing clubs for major manufacturers such as Titleist and Wilson for nearly 30 years.
In 2000, the company created its own brand and has been successful in the Asian market. Due to this success, the company decided to launch a U.S. office in 2005 and has been gaining popularity here ever since.
Daiwa Seiko Japan, Golf Division, which faded in the U.S. market in the late nineties, has been trying to make a comeback here. Daiwa Seiko Inc. announced earlier in the year that it was relaunching its ONOFF and GIII brands in an effort to move back into the U.S. market.
There is no official word that the acquisition was made in order to promote Daiwa Seikos U.S. presence, but golfers willing to pay for high-end premium golf clubs will now have more of an opportunity with Fourteen Golf.
