This ownership maintained until Adidas bought Salomon in 1997. At the time, the union was strategically compatible for both companies which were innovators in their industries: Salomon wanted to diversify and made the decision to enter a "three-season" market, and TaylorMade benefited from the worldwide resources of Salomon. TaylorMade was independently owned until 1984, when Salomon S.A. Starting with $47,000 in sales in 1979, the company eventually reached its first billion dollars in revenue in 2006, marking only the second time in history that a golf brand had achieved this milestone. The metalwood was unique in its steel construction - replacing persimmon as the primary material from which modern drivers are manufactured - and adopted the nickname " Pittsburgh Persimmon". ![]() ![]() He originally had three employees and sold only one item, his newly invented 12-degree loft metalwood. TaylorMade incorporated in 1979 after Gary Adams borrowed $24,000 on his house and leased a 6,000 square foot building in McHenry, Illinois. 1.5 Sale to Centroid Investment Partners (2021).1.4 Sale to KPS Capital Partners (2017).
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