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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

Daniel Berger WITB 2024 (April)

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  • Daniel Berger what’s in the bag accurate as of the Farmers Insurance Open. More photos from the event here.

Driver: Ping G430 LST (10.5 degrees)
Shaft: Fujikura Ventus Black 6 X

3-wood: TaylorMade Qi10 (15 degrees)
Shaft: Fujikura Ventus Black 7 X

6-wood: TaylorMade Qi10 Tour (21 degrees)
Shaft: Fujikura Ventus Black 8 X

Irons: TaylorMade P770 (3), TaylorMade Tour Preferred MC 2011 (4-PW)
Shafts: Project X Denali Blue 105 TX (3), Project X 6.5 (4-PW)

Wedges: Titleist Vokey Design SM9 (50-12F), Titleist Vokey Design SM10 (56-14F), Callaway Jaws Raw (60-08C)
Shafts: Project X 6.5 (50), True Temper Dynamic Gold Tour Issue S400 (56, 60)

Putter: Odyssey Ai-One Jailbird Mini DB
Grip: SuperStroke Zenergy PistolLock 1.0

Grips: Golf Pride Tour Wrap

Ball: Titleist Pro V1

Check out more in-hand photos of Daniel Berger’s clubs in the forums.

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Heavy Artillery: A look at drivers in play at the Zurich Classic of New Orleans

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What are the driver and shaft combinations of the best golfers in the world? For gearheads, it’s an endlessly interesting question — even if we can only ever aspire to play LS heads and 7 TX shafts.

At this week’s Zurich Classic of New Orleans, GolfWRX got in-hand looks at the driver setups of a wealth of players.

Check out some of the most interesting combos below, then head to the GolfWRX forums for the rest, as well as the rest of our galleries from New Orleans.

Rory McIlroy

Driver: TaylorMade Qi10 (9 degrees @8.25)
Shaft: Fujikura Ventus Black 6 X
Grip: Golf Pride MCC

Alex Fitzpatrick

Driver: Ping G430 LST (10.5 degrees)
Shaft: Fujikura Ventus Black 6 X
Grip: Golf Pride MCC

Daniel Berger

Driver: Ping G430 LST (10.5 degrees @9)
Shaft: Fujikura Ventus Black 6 X
Grip: Golf Pride Tour Wrap

Rasmus Hojgaard

Driver: Callaway Paradym Ai Smoke Triple Diamond (10.5 degrees)
Shaft: Mitsubishi Tensei 1K Blue 60 TX
Grip: Golf Pride MCC

Alejandro Tosti

Driver: Srixon ZX5 Mk II LS (9.5 degrees @10.5)
Shaft: Project X HZRDUS T1100 75 6.5
Grip: Golf Pride MCC Plus4

James Nicholas

Driver: Titleist TSR3 (8 degrees, A1 SureFit setting)
Shaft: Fujikura Ventus TR Blue 7 X
Grip: Golf Pride Tour Velvet

Kevin Streelman

Driver: Titleist TSR3 (10 degrees, D1 SureFit setting)
Shaft: Fujikura Ventus TR Black 6 X
Grip: Golf Pride Tour Velvet

Sang-moon Bae

Driver: Callaway Paradym Triple Diamond (9+ @8)
Shaft: Fujikura Ventus Blue 6 X
Grip: Golf Pride Tour Velvet

Russ Cochran

Driver: Callaway Paradym Ai Smoke (9 degrees)
Shaft: Graphite Design Tour AD TP 6 X
Grip: Golf pride MCC Align 

MJ Daffue

Driver: Callaway Paradym Ai Smoke Max (10.5 degrees @9.5)
Shaft: Project X HZRDUS Smoke Green RDX 65 TX
Grip: Golf Pride ZGrip Cord Align

Check our more photos from the Zurich Classic here.

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Whats in the Bag

Rasmus Højgaard WITB 2024 (April)

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  • Rasmus Højgaard what’s in the bag accurate as of the Zurich Classic.

Driver: Callaway Ai Smoke Triple Diamond (10.5 degrees)
Shaft: Mitsubishi Tensei 1K Blue 60 TX

3-wood: Callaway Ai Smoke Triple Diamond Prototype (16.5 degrees)
Shaft: Mitsubishi Tensei 1K White 80 TX

Utility: Callaway Apex UW (21 degrees)
Shaft: Mitsubishi Tensei AV Raw White 85 TX

Irons: Callaway Apex Pro (3), Callaway X Forged (4-PW)
Shafts: KBS $-Taper 130

Wedges: Callaway Jaws Raw (52-10S, 56-10S, 60-06C)
Shafts: KBS Tour 130 X

Putter: Odyssey Ai One Milled Eight T DB

Grips: Golf Pride MCC

Check out more in-hand photos of Hojgaard in the forums.

 

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