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While the deal to acquire Cobra Golf was announced on Tuesday, it’s been a little tricky (for good reason), tracking down the buyer. Bob Philion, PUMA's Global Head of Golf, made the cross country trek from his Westford, MA office to be in Carlsbad, CA., once the deal was made public.
“We are excited, we think this is going to be a great fit,” said Philion. “We have stated all along we planned to enter the hard goods side of the business via an acquisition,” he continued. While the deal is for now an intent to purchase and has yet to close, several details are still to be determined. However, PUMA is clearly looking to grow its footprint in golf. “The time is right for us,” said Philion regarding the impending deal. “The golf industry still