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Miura Golf’s buyer revealed

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The official Miura-related announcement you’ve been waiting for: Billionaire investor, banking magnate, and golf enthusiast Howard Milstein has acquired global rights to distribute Miura Golf equipment.

We broke the news of Miura’s sale earlier this month, and new company president Hoyt McGarity told us the company’s trademark quality and pricing will remain consistent under the new ownership.

Milstein and family have acquired a majority interest in distribution rights, according to a press release, which also officially confirms Hoyt McGarity, founder and CEO of TrueSpec will serve as company president.

“We are excited to announce this new partnership and new chapter in Miura Golf’s storied history,” Milstein said. “We believe that Miura, with its decades-old reputation as perhaps the world’s finest designer and manufacturer of forged clubs, represents an ideal partner in the golf equipment category and is a tremendous fit with our company.”

Milstein is Chairman, President and CEO of New York Private Bank & Trust — the nation’s largest privately owned, family-run bank — and its operating bank, Emigrant Bank. Also a successful real estate investor, Milstein is perhaps most interesting for our purposes as the business partner of Jack Nicklaus and the Nicklaus family since 2007.

Also interesting: It appears the two golf companies under Milstein’s charge will be working together in some capacity, a story we will continue to follow.

“We focused on strategic opportunities and aligning ourselves with likeminded partners and companies that mirror the high standards long established by Jack and his company,” Milstein said. “Miura Golf is such a company, and we are pleased and proud to announce this partnership.”

Founded in 1957, Katsuhiro Miura’s company has been making handcrafted forged irons of the highest quality for 50 years. According to the company, professional golfers have won several major championships using its clubs, specifically its forged players irons, without endorsement contracts. The company has also produced forged irons for major OEMs.

Once the undisputed leader in the ultra-premium equipment space, billionaire Bob Parsons-owned PXG has fired a shot across the company’s bow, cutting into market share over the past three years. Now, it would seem, Miura is equipped with similar firepower.

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9 Comments

9 Comments

  1. Jim

    Jan 25, 2017 at 1:58 pm

    It appears to be merely a distribution deal.

    http://miuragolf.com/Miura-Milstein.pdf

    • Eric

      Jan 25, 2017 at 2:46 pm

      How are they gonna spell Miura incorrectly in its own press release *smh*

  2. Jim

    Jan 25, 2017 at 1:50 pm

    Must agree with Mark – “Muira Golf’s buyer revealed” and “acquired global rights to distribute Miura Golf equipment” are, to me, not one and the same thing.

    Will the company (Miura) that manufactures the highly sought-after irons change in any way? Or have they (Katsuhiro Miura & sons) merely sold the global distribution rights to Mr. Milstein?

  3. ButchT

    Jan 25, 2017 at 1:37 pm

    Until you can finance PXG or Miura irons like a home or car, I am out of their market!

  4. Shallowface

    Jan 25, 2017 at 7:38 am

    Looking forward to seeing a set of Jack Nicklaus Miurafield irons.

  5. Mark

    Jan 25, 2017 at 1:49 am

    “Muira Golf’s buyer revealed” and “acquired global rights to distribute Miura Golf equipment” are, to me, not one and the same thing. Please clarify. Has Milstein bought the company or has he just acquired the global distribution rights?

  6. JThunder

    Jan 25, 2017 at 1:45 am

    Another smaller company bought by a billionaire. Just what the world needs.

  7. S Hitter

    Jan 24, 2017 at 9:50 pm

    That would be 60 years, mate. Can you do maths?

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Whats in the Bag

Kris Kim WITB 2024 (May)

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Driver: TaylorMade Qi10 (9 degrees @7)
Shaft: Mitsubishi Tensei 1K White 60 TX

3-wood: TaylorMade Qi10 Tour (15 degrees @13.5)
Shaft: Mitsubishi Diamana WB 73 TX

Irons: TaylorMade P770 (2, 4), TaylorMade P7MB (5-PW)
Shafts: Mitsubishi Tensei 1K White 80 TX (2), Nippon N.S. Pro Modus3 Tour 120 X

Wedges: TaylorMade MG4 (50-09SB, 56-12SB, 60-11TW)
Shafts: Nippon N.S. Pro Modus3 WV 125

Putter: TaylorMade Spider Tour

Grips: Golf Pride Tour Velvet Cord

Check out more in-hand photos of Kris Kim’s equipment here.

 

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Welcome to the family: TaylorMade launches PUDI and PDHY utility irons

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TaylorMade is continuing its UDI/DHY series with the successor to the Stealth UDI and DHY utility irons: PUDI and PDHY (which the company styles as P·UDI and P·DHY). TaylorMade is folding the designs in with its P Series of irons.

TaylorMade outlined the process of developing its new utilities this way. The company started with the data on utility iron usage. Not surprisingly, better players — i.e. those who generate more clubhead speed and strike the ball more precisely — were found to gravitate toward the UDI model. DHY usage, however, covered a wider swath than the company might have expected with six-to-18 handicappers found to be bagging the club.

TaylorMade also found that the majority of golfers playing UDI or DHY utilities were playing P Series irons at the top of their iron configurations.

Can you see where this is going?

Matt Bovee, Director of Product Creation, Iron and Wedge at TaylorMade: “As we look to the future, beyond the tech and the design language, we are excited about repositioning our utility irons into the P·Series family. P·UDI is an easy pair for players that currently play P·Series product and P·DHY is an extremely forgiving option for players of all skill levels. It is a natural fit to give these players the performance in this category that they are looking for.”

 

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TaylorMade PUDI

TaylorMade PUDI technology cutaway (via TaylorMade)

Crafted with tour player input, TaylorMade sought to develop a confidence-inspiring utility iron that blends with the rest of the P Series irons. Also of note: Interestingly, the PUDI has a more compact head than the P790.

In comparison to past UDI products, the PUDI has a more traditional iron shape, slimmer toplines, and less offset with a little of the backbar visible at address.

TaylorMade PDHY

TaylorMade PDHY tech cutaway (via TaylorMade).

Larger in profile than the PUDI, the PDHY seeks to position center of gravity (CG) lower in the club for ease of launch. The toe height is larger and the profile is larger at address — roughly five millimeters longer than PUDI — the sole of the club is wider for improved forgiveness.

Club Junkie’s take

Golfers who feel like they are missing something at the top of the bag could find the PUDI or PDHY a great option. The look of the PUDI should fit the most discerning eye with a more compact look, less offset, and a thinner topline. If you want a little more confidence looking down the P-DHY will be slightly larger while still being a good-looking utility iron.

For being small packages both models pack a pretty good punch with fast ball speeds, even off-center. The feel is soft and you get a solid feel of the ball compressing off the face when you strike it well. Your ears are greeted with a nice heavy thud as the ball and club come together. The PDHY will launch a little higher for players who need it while the PUDI offers a more penetrating ball flight. Both utility irons could be the cure for an open spot in the top end of the bag.

PUDI, PDHY, or Rescue?

TaylorMade offers the following notes to assist golfers in filling out their bags:

  • PUDI has mid-CG right behind the center face to create a more penetrating mid-to-low ball flight
  • PDHY has a lower center of gravity to produce an easier-to-launch mid-to-high ball flight.
  • Both PUDI and PDHY are lower-flying than the company’s hybrid/Rescue clubs.
  • PUDI is more forgiving than P790.
  • PDHY is the most forgiving iron in the entire TaylorMade iron family

Pricing, specs, and availability

Price: $249.99

At retail: Now

Stock shafts: UST Mamiya’s Recoil DART (105 X, 90 S and 75 R – only in PDHY)

Stock grip: Golf Pride’s ZGrip (black/grey)

PUDI lofts: 2-17°, 3-20°, 4-22° in both left and right-handed

PDHY lofts: 2-18°, 3-20° and 4-22° in both left and right-handed

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Coolest thing for sale in the GolfWRX Classifieds (5/3/24): Scotty Cameron Champions Choice 2.5+ putter

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At GolfWRX, we are a community of like-minded individuals that all experience and express our enjoyment of the game in many ways.

It’s that sense of community that drives day-to-day interactions in the forums on topics that range from best driver to what marker you use to mark your ball. It even allows us to share another thing we all love – buying and selling equipment.

Currently, in our GolfWRX buy/sell/trade (BST) forum, there is a listing for a Scotty Cameron Champions Choice 2.5+ putter

From the seller: (@wwcl): “Has been gamed as pics show. 33.5 includes original h/c and grip. $575 includes shipping and PP fees.”

To check out the full listing in our BST forum, head through the link: Scotty Cameron Champions Choice 2.5+ putter

This is the most impressive current listing from the GolfWRX BST, and if you are curious about the rules to participate in the BST Forum you can check them out here: GolfWRX BST Rules

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