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MacGregor For Sale?

 

MacGregor Golf have hired American investment bank Sutro & Co to assess a possible sale of the company.

MacGregor's sole shareholder, Parkside, have received "a number of unsolicited inquiries," and CEO William Marsh said: "We should have a clearer position in the next four-six weeks. I consider the interest in MacGregor flattering. It is reflective of the very hard work of the employees and management of the company in the past few years."

The value of the unsolicited inquiries has not been disclosed.

Meanwhile, MacGregor Golf have successfully completed their move to a new 60,000sq ft manufacturing and testing facility in Albany, Georgia. "We are very pleased with it," said Marsh. "It had become increasingly apparent that we needed to upgrade our manufacturing processes in pursuit of the highest standards of quality and craftsmanship."

 

 
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