Equipment
Miura Golf’s buyer revealed
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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Whats in the Bag
Taylor Pendrith’s winning WITB: 2024 CJ Cup Byron Nelson
Driver: Ping G430 LST (9 degrees) Buy here.
Shaft: Accra TZ Six ST
3-wood: Ping G430 Max (15 degrees) Buy here.
Shaft: Project X HZRDUS Smoke Green 80 6.5 TX
7-wood: Ping G425 Max (20.5 degrees) Buy here.
Shaft: Project X HZRDUS Smoke Green 90 6.5 TX
Irons: Srixon ZX (2, 3) Buy here, Srixon ZX7 Mk II (4-9) Buy here.
Shafts: Project X HZRDUS Smoke Black 6.5 90, 6.5 100 (2-3), True Temper Dynamic Gold Tour Issue X100
Wedges: Cleveland RTX 6 Tour Rack (46-10 Mid, 52-10 Mid, 56-10 Mid, 60-9 Full) Buy here.
Shafts: True Temper Dynamic Gold Tour Issue X100
Putter: Odyssey Jailbird Versa Buy here.
Grip: SuperStroke Zenergy Flatso 1.0
Grips: Golf Pride MCC
The winning WITB is presented by 2nd Swing Golf. 2nd Swing has more than 100,000 new and pre-swung golf clubs available in six store locations and online. Check them out here.
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Whats in the Bag
Ben Kohles WITB 2024 (May)
Driver: Titleist TSR3 (9 degrees, D1 SureFit setting)
Shaft: Fujikura Ventus Blue 6 X
3-wood: TaylorMade Stealth Plus (15 degrees)
Shaft: Fujikura Ventus Blue 8 X
Hybrid: Titleist TSR3 (19 degrees, D1 SureFit setting)
Shaft: Fujikura Ventus Blue HB 9 X
Irons: Titleist T200 (4, 5), Titleist 620 CB (6-9)
Shafts: Project X 6.0
Wedges: Titleist Vokey Design SM10 (46-10F, 50-12F, 54-12D, 60)
Shafts: Project X 6.0
Putter: Scotty Cameron P5 prototype
Grips: Golf Pride Tour Velvet
Ball: Titleist Pro V1
Check out more in-hand photos of Ben Kohles’ clubs in the forums.
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Whats in the Bag
Kris Kim WITB 2024 (May)
- Kris Kim what’s in the bag accurate as of the CJ Cup Byron Nelson. More photos from the event here.
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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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*
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?
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!
Shallowface
Jan 25, 2017 at 7:38 am
Looking forward to seeing a set of Jack Nicklaus Miurafield irons.
Mark
Jan 25, 2017 at 11:04 am
Clever.
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?
JThunder
Jan 25, 2017 at 1:45 am
Another smaller company bought by a billionaire. Just what the world needs.
S Hitter
Jan 24, 2017 at 9:50 pm
That would be 60 years, mate. Can you do maths?