Club Car has reached a deal to acquire Garia, a Danish company that makes electric vehicles for the golf industry and other markets.
Founded in 2005, Garia is a leader in Europe in the luxury golf car market, and launched a utility vehicle line in 2015. The company also serves the municipal, hospital, university, parks, industrial, hotel and resort, zoo, amusement park, forestry and agriculture, postal and package-delivery and food-delivery markets.
The acquisition also includes Melex, a Polish company Garia acquired last fall that specializes in lightweight utility vehicles.
Club Car is a division of Platinum Equity, which acquired the company from Ingersoll-Rand a year ago.
Club Car officials say Garia and Melex’s utility products fill a market that Club Car does not occupy.
The deal is expected to close in the second quarter. Terms were not released.