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Investment

Cabot invests in Lofoten Links, expanding reach above Arctic Circle

Cabot invests in Lofoten Links, expanding reach above Arctic Circle

Cabot, a world-renowned golf course developer and operator, has expanded its reach above the Arctic Circle with a significant investment in Lofoten Links in Norway. Nestled far north of the Arctic Circle, Lofoten Links offers a unique and otherworldly golfing experience amidst breathtaking vistas.

This investment marks a significant milestone for Cabot and represents the company’s commitment to creating exceptional golf destinations worldwide. Lofoten Links adds to Cabot’s portfolio of world-class courses, including Cabot Cliffs and Cabot Links in Canada, and St Andrews Links in Scotland.

The investment in Lofoten Links is expected to further elevate the course’s profile and solidify its position as one of the most exclusive and unforgettable golf destinations.

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Topgolf Callaway could look noticeably different next year

Topgolf Callaway could look noticeably different next year

Topgolf Callaway Could Look Noticeably Different Next Year

Topgolf Callaway Brands could undergo significant changes in the coming year. Chief Executive Officer Chip Brewer hinted at potential acquisitions and divestitures, which could reshape the company’s portfolio.

“We’re actively looking at strategic acquisitions and divestitures, and we have a strong balance sheet that gives us the flexibility to execute on those opportunities,” Brewer said during the company’s third-quarter earnings call.

Topgolf Callaway has been expanding its business through acquisitions in recent years, including its purchase of golf club and equipment maker TaylorMade in 2017 and golf simulator company Full Swing in 2020.

Topgolf Callaway is reportedly exploring the potential sale of its Topgolf Live business, which includes its popular golf entertainment venues.

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