SAN DIEGO,
California, May 25, 2005 – Lamkin Corporation,
the world’s second-largest manufacturer
of golf grips, has purchased the Royal Grip
brand of golf grips from Royal Precision, a
Torrington, Connecticut, manufacturer of steel
and graphite shafts and golf grips.
Bob Lamkin, president of Lamkin Corporation,
said a major reason for the purchase was because
of the outstanding branding of Royal Grip in
the Asian market.
“The Royal Grip brand is very strong in
Japan and this opportunity will allow us to introduce
new Lamkin products under the Royal Grip brand,
giving us considerably greater avenues for new
product distribution,” Lamkin said. “We
will develop current and future projects in Japan
using the strength of the Royal name.”
Royal Precision and Lamkin Corporation, both
80-year-old companies, have recently enjoyed
tremendous growth in the international golf market.
"Royal Grip products have been used to produce
some of the world's best-selling golf clubs,
and this transaction uniquely positions and strengthens
both of our companies," says John Lauchnor,
Royal Precision president and chief executive
officer. "Lamkin is one of the very few
grip manufacturers that can maintain the high
level of quality and innovation golfers
have come to expect from the Royal Grip brand,
so we're very pleased to pass the 'Royal torch'
to them.”
Royal Precision also manufactures Rifle, a leading
brand in golf for premium steel shafts, and Saber
graphite shafts.
“This agreement provides Royal Precision
with a great opportunity to focus 100 percent
of our
resources into the shaft market," said Lauchnor.
Lamkin is recognized in the golf industry as
a premier manufacturer of grips for some of the
top name-brand club manufacturers around the
world. Lamkin researches and develops its
own proprietary composite materials and employs
exclusive manufacturing processes to ensure that
each grip performs to exact specifications.
The company utilizes the latest technical advances
to develop products that can help both professionals
and amateurs play their best.
San Diego-based Lamkin Corporation is a privately
owned, third generation family company. Since
1925, Lamkin has been designing and manufacturing
the highest quality and best performing golf
grips in the world. For more information
on Lamkin and the company’s complete line
of golf grips, please call 1-800-642-7755 or
visit the Web site at http://www.lamkingrips.com.
Since January 2004, Lamkin has been donating
a percentage of its after-market sales to the
Prostate Cancer Foundation to help fund its initiatives
to find new treatments and cures for a disease
that claimed the lives of more than 29,000 men
last year. Lamkin has given more than $100,000
mark to this effort.
The Royal Grip brand was founded on years of
Tour experience and developed with distinct material
compounds which allow a wide variety of texture,
surface patterns and feel combinations. From
buffed, soft, velvet-like textures to the slot
corded rubber for maximum traction, Royal Grip
provides unparalleled cushion and allows golfers
to choose their own winning feel.
For more information on Royal Precision and Royal
Precision products, visit the Web site at www.royalprecision.com.
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