MacGregor Golf And The Greg Norman Collection

MacGregor Golf is the second oldest golf company in the world, has a storied 109-year history filled with innovation and PGA Tour success including a record 59 Majors. MacGregor Golf designs and manufactures a complete line of innovative golf equipment that makes the game easier and more fun for all golfers. MACTEC drivers, fairway woods, irons, wedges and Bobby Grace putters are marketed under the MacGregor brand.

MacGregor Golf uses the world’s most advanced technologies to create golf equipment that makes the game easier and more fun for all golfers. MacGregor Golf is dedicated to the principle that better technology, better materials, and better design will produce better all around performing golf clubs.

MacGregor announced that it has agreed to acquire the Greg Norman Collection apparel business (“GNC”) from the adidas Group. At the same time, it disclosed that Greg Norman has purchased a significant equity stake in MacGregor Golf.

The Greg Norman Collection, a division of Reebok International Ltd. which is a subsidiary of the adidas Group, is a leading worldwide marketer and distributor of men's sportswear, golf apparel and accessories. Established in 1992, Greg Norman Collection is inspired by one of the world's leading golf professionals, the man they call “The Shark.”

Reflecting his adventurous spirit and confident, independent style, the collection captures Greg Norman's powerful elegance, enthusiasm and passion for an individual design sense. The Collection began with a golf-inspired knitwear line and has since become a complete lifestyle collection, identified with the four color shark logo.

The two companies, with combined annual sales of more than $150 million, will be operated post-closing on a consolidated basis with MacGregor Golf’s CEO, Barry Schneider, and Norman controlling a majority of the shares.

Almost all drivers, fairway woods and utility woods have face inserts. But the welds that join the insert to the club head limit the size of the sweet spot. So hitting off-center (on or outside the welds) often means long grass instead of the short stuff; or fringe instead of dance floor.

With MacGregors Cup Face 360° technology there are no face welds. The Proprietary Plasma Welding is completely off the face, enabling maximum rebound properties over a larger hitting area— 30% larger than standard face inserts.

Cup Face 360° technology means your off-center shots will feel and perform as if you’ve hit them dead center. The edge of the face can still be a good ways down the center of the fairway; or attacking the flag.

MacGregor Golf And The Greg Norman Collection

• MacGregor MACTEC NVG2 Tour Driver with Graphite Shaft - At the heart of it all is a TVC beta-titanium cup face with maximum rebound properties over a maximum hitting area, so every shot feels like you hit it dead-center. The NVG2 Tour also features a 15-3-3-3 beta-titanium crown insert, which allows extra weight to be distributed low and deep to the side, lowering CG 12% for very low spin and optimal launch properties.Even the shaft is unique. The Speeder Quadra Action shaft combines MacGregor's Quadra Action shaft technology with Fujikura's famous Speeder technology. For players with more aggressive swings, the three bend point, four zone Quadra Action shaft adds clubhead speed for more distance, while Speeder's proprietary Triax material reduces vibration for more control.

• NVG2 UT3 and UT4 Hybrids - Hybrids benefit from Cup Face technology in a big way. They're designed with smaller heads for expanded functionality, and Cup Face 360° makes the entire face the sweet spot. The proprietary plasma welding is completely off the face, enabling maximum rebound properties over a larger hitting area.The patented Tri-Plane sole reduces turf drag at ball impact for more solid contact from all kinds of turf conditions. MacGregor's engineers worked overtime to maximize sole plate aerodynamics, so those 170-yard shots look less and less imposing, even to the casual golfer. One swing with the NVG2 Hybrid will change the way you think about golf.

• MacGregor MACTEC NVG2 Irons with Graphite Shafts - Tour professionals make such consistently perfect contact with the ball that there's an area of wear on their irons that they call the "dime spot." Because most golfers have more of a "silver dollar spot," the technology in the MACTEC NVG2 irons creates unmatched distance and forgiveness.It all starts with Cup Face 360° technology, which creates a high-rebound surface that stretches over the entire clubface for awe-inspiring distance on off-center hits. The hollow body structure that supports this moves weight away from the face for maximum stability and superior forgiveness.The stabilizing power of tungsten weight inserts turns the club into a giant, metal trampoline - one that's just waiting for the ball to jump off of it.

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