Callaway would purchase the Top-Flite brand of balls and clubs, the Strata brand of balls and the Ben Hogan brand of clubs. It would also take control of Top-Flite's manufacturing operations.
If the deal is approved, Callaway said it would consolidate both companies' ball, club and research and development operations.
Callaway Golf Company is to buy the major assets of bankrupt competitor Top-Flite Golf for $125million (EUR108.3m), subject to the approval of the US bankruptcy court.
