5 Most Valuable Golf Companies In The World

4. Cobra-Puma Golf

Market Capitalization: $9.32 billion

Cobra-Puma Golf is a Carlsbad, California-based maker of innovative golf equipment. The company also has exposure in the golf apparel, footwear, and accessories categories.

Cobra Golf was founded in 1973 by Thomas Crow, an Australian golf player. The company was acquired by German sportswear manufacturer Puma SE (ETR:PUM) in 2010 as a way to boost the Puma Golf range of apparel, footwear, and accessories that was established in 2005. Cobra-Puma Golf has recently received endorsement by long-drive champions Kyle Berkshire and Gary Woodland. The company has been considered the pioneer of the renowned Baffler fairway wood technology that changed the way how golfers approach long shots.