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Topgolf Callaway Brands enters strategic partnership with Golf Saudi

Topgolf Callaway Brands (NYSE:MODG) has entered into a multiyear agreement with Golf Saudi Entertainment, LLC to bring Topgolf Callaway Brands' family of brands, including Topgolf, Callaway, TravisMathew, Odyssey, and Ogio, to Saudi Arabia. As per the terms of the pact, Golf Saudi will construct three Topgolf venues by 2028 and may open two more in the future. Callaway Golf, Odyssey, TravisMathew, and Ogio will provide equipment and apparel for Saudi National golf teams, Saudi Elite golf professionals, and Golf Saudi facility pros. Golf Saudi will exclusively distribute Callaway Golf, Odyssey, and Ogio products in Saudi Arabia.

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