Acushnet Company (which includes Titleist, FootJoy, Scotty Cameron, Knight, and other golf product brands). On May 20, 2011 it was announced that a Korean group associated with Fila Korea, Ltd. and Mirae Asset Private Equity would purchase Acushnet for $1.23 billion in cash. Founded in Acushnet, Massachusetts by Philip E. "Skipper" Young in 1910, the Acushnet Process Company focused on deresinating latex and supplying rubber to industry, and over time began to make their own rubber-based products including water bottles and bathing caps. Eventually, Acushnet Process became a manufacturer of golf equipment, principally, golf balls. In 1932, the company sectioned into two
Coffee Equipment Company Coffee Equipment Company Coffee Equipment Company was a Seattle-based manufacturer of coffee equipment. The company focused on producing equipment that creates high-quality brewed coffee. It was purchased in 2008 by Starbucks. The company's first product was the Clover 1s, a machine that produces brewed coffee one cup at a time. The machine uses a brewing method similar to that of a French press along with a vacuum system to separate the liquid from the coffee grounds. Starbucks CEO Howard Schultz purchased the company after trying a cup brewed by a Clover machine and declaring it to be "the best cup