Club Car Acquires Garia (and Melex) from Lars Larsen Group

June 2, 2022

Club Car, a Platinum Equity-backed manufacturer of golf and utility vehicles, has completed the acquisition of Denmark-based Garia A/S, including its recently acquired Polish subsidiary Melex. The add-on expands Club Car's product portfolio into street-legal low-speed and utility electric vehicles and increases its presence in the European market; financial terms were not disclosed.

Buyers
Club Car, Platinum Equity
Targets
Garia A/S, Melex Sp. z o.o.
Sellers
Lars Larsen Group
Platforms
Club Car
Industry
Automotive
Location
Denmark
Transaction Type
Addon

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