Columbia County-based Club Car plans to acquire a Danish company that will help expand the golf car maker’s reach in the growing global market. Club Car has signed “a definitive agreement” to obtain Garia A/S, which has produced luxury golf and leisure vehicles since 2005, the companies announced on Saturday.

Financial terms of the agreement were not disclosed. The deal is expected to be finalized by the end of June.

In 2015, Garia launched its Garia line of utility vehicles designed for work environments such as facilities management and last mile delivery. Last November, Garia acquired Polish light commercial vehicle manufacturer Melex.

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Both companies’ utility products are mostly models that Club Car does not currently manufacture, according to a press release.

“Our product lines complement each other well with very little overlap,” Club Car President Mark Wagner said in the release, calling the Garia agreement “good news for our dealers and customers in Europe and the United States.” States that will have access to a wider range of zero-emission vehicles, both on-road and off-road, at a wider variety of price points.”

Garia is a subsidiary of the Lars Larsen Group, which owns businesses in the golf car, furniture, hotel and restaurant industries.

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Club Car is a subsidiary of private equity firm Platinum Equity LLC, which acquired Club Car in 2021 from Ingersoll-Rand Inc.

The global golf car industry is expected to grow from $1.69 billion in 2021 to $2.55 billion in 2028 at a compound annual growth rate of 6%, according to market research firm Fortune Business Insights. .