Tharanco Lifestyles LLC, owner of the Greg Norman Collection, will announce today that it has reached an agreement to acquire Dunning Golf, a Toronto-based brand founded by cyclist and Ironman triathlete Ralph Dunning. Terms were not disclosed but Dunning will remain a partner in the company and will continue to design the collection, which is sold at high-end green grass pro golf shops and specialty stores.
“Ralph has really created a great brand,” said Michael Setola, president and chief executive officer of Tharanco. “It has a very premium position, is authentic and performance oriented. We have a lot of the same attributes with the Greg Norman brand, so there are a lot of synergies, but Ralph’s line is at the very top end of the golf market.”
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