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Callaway Acquires OGIO

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JB

JB

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Interesting move by Callaway
 
better bags?
 
Wow! Do you have any other details JB?

Ogio just moved their HQ not too long ago so I wonder what affect this has on them staying here locally...
 
Wow, very interesting to say the least. What do you think the main reason for the acquisition would be? When I think Ogio I think their golf bags and some travel bags even though one of my favorite golf shirts is a Polo.

Callaway is really broadening their portfolio quite a bit aren't they?
 
Bags, apparel, accessories. The makes perfect sense to me. Lots of cash in soft goods.
 
I find this EXTREMELY interesting.
 
This is interesting. I have enjoyed the Ogio I have been using the past couple of years.
 
Not sure how I feel about this. I really like Ogio bags. i am just hoping the quality, style, colors, options, and well the company stays the same. I have two Ogio golf bags a few back packs and a few other Ogio bags along with a fair amount of clothes. Really love them, the quality, the style and all of it. Hoping we don't see a drastic change.
 
Love my Ogio silencer bag
 
Interesting. Didn't see this coming.
 
I'm horrible at pricing in the industry, but looks like a fairly sizable investment.
Callaway Golf Company Acquires OGIO International, Inc., A Leading Lifestyle Brand, For $75.5 Million
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Howzat said:
Bags, apparel, accessories. The makes perfect sense to me. Lots of cash in soft goods.
Click to expand...

Apparel... Hmm.. I am wearing the only piece of Ogio apparel I own today, the green THP Staff 1/4 zip.

And I love it.
 
Canadan said:
Apparel... Hmm.. I am wearing the only piece of Ogio apparel I own today, the green THP Staff 1/4 zip.

And I love it.
Click to expand...

Ogio seems to hit a lot of areas that aren't up to par so to speak with the rest of the Callaway brand. Having the apparel in house seems to be a logical step.
 
I think this is a great move for Callaway for getting a bigger share of soft goods.


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IceyShanks said:
I'm horrible at pricing in the industry, but looks like a fairly sizable investment.
Click to expand...

That is a good chunk of money. Especially when Ogio was in serious monetary issues not too long ago
 
Wow wow wow wow. This could be something!!


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whoa. woode divider on callaway bags? I can dig that. I really like ogio's products.
 
Interesting move. I don't really see any negatives with it tho
 
rtparty said:
Wow! Do you have any other details JB?

Ogio just moved their HQ not too long ago so I wonder what affect this has on them staying here locally...
Click to expand...

Publicly traded company so it's out there. Buying price was 75.5 million which I believe is about 7x. Looks like thy will bring about 45 million in annual revenue.
 
Looks like a great move to me!! Expanding products lines of this quality should strengthen the brand!
 
Canadan said:
Apparel... Hmm.. I am wearing the only piece of Ogio apparel I own today, the green THP Staff 1/4 zip.

And I love it.
Click to expand...

Fun fact, that is a branded piece and not made directly by Ogio...but it is an amazing piece of apparel IMO. I have like 5 of them now
 
Wowza, hopefully this improves the quality of their bags.
 
Good move by Callaway, hopefully this will improve their bags. Durability in both that I've used has been sub standard imo.
 
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