Lamkin Corporation, the worlds second-largest manufacturer of golf grips, has purchased the Royal Grip brand of golf grips from Royal Precision, a Torrington, Connecticut, manufacturer of steel and graphite shafts and golf grips.
Bob Lamkin, president of Lamkin Corporation, said a major reason for the purchase was because of the outstanding branding of Royal Grip in the Asian market.
“The Royal Grip brand is very strong in Japan and this opportunity will allow us to introduce new Lamkin products under the Royal Grip brand, giving us considerably greater avenues for new product distribution,” Lamkin said. “We will develop current and future projects in Japan using the strength of the Royal name.”
Royal Precision and Lamkin Corporation, both 80-year-old companies, have recently enjoyed tremendous growth in the international golf market.
“Royal Grip products have been used to produce some of the world's best-selling golf clubs, and this transaction uniquely positions and strengthens both of our companies,” says John Lauchnor, Royal Precision president and chief executive officer. “Lamkin is one of the very few grip manufacturers that can maintain the high level of quality and innovation golfers have come to expect from the Royal Grip brand, so we're very pleased to pass the 'Royal torch' to them.”
Royal Precision also manufactures Rifle, a leading brand in golf for premium steel shafts, and Saber graphite shafts.
“This agreement provides Royal Precision with a great opportunity to focus 100 percent of our resources into the shaft market,” said Lauchnor.
Lamkin is recognized in the golf industry as a premier manufacturer of grips for some of the top name-brand club manufacturers around the world. Lamkin researches and develops its own proprietary composite materials and employs exclusive manufacturing processes to ensure that each grip performs to exact specifications.
The company utilizes the latest technical advances to develop products that can help both professionals and amateurs play their best.
San Diego-based Lamkin Corporation is a privately owned, third generation family company. Since 1925, Lamkin has been designing and manufacturing the highest quality and best performing golf grips in the world.
Since January 2004, Lamkin has been donating a percentage of its after-market sales to the Prostate Cancer Foundation to help fund its initiatives to find new treatments and cures for a disease that claimed the lives of more than 29,000 men last year. Lamkin has given more than $100,000 mark to this effort.
The Royal Grip brand was founded on years of Tour experience and developed with distinct material compounds which allow a wide variety of texture, surface patterns and feel combinations. From buffed, soft, velvet-like textures to the slot corded rubber for maximum traction, Royal Grip provides unparalleled cushion and allows golfers to choose their own winning feel.