Reignwood Investments has acquired one of the
most famous golf and country clubs in the world from Richard
Caring’s WG Acquisition Ltd., for a total of £135m.
Wentworth has over 87 years of experience
in hosting professional golf tournaments and is widely regarded as
one of the world’s most prestigious golf tournament venues.
Dr. Chanchai
Ruayrungruang, who founded the Reignwood Group in Thailand in 1984, said,
“Reignwood has a long history in golf development, a profound
respect for excellence in every form and deep interest in
East-West cooperation. As a world famous golf institution, Wentworth is a key strategic acquisition for our
rapidly growing luxury lifestyle division, whose unique culture we
are dedicated to preserving and whose exceptional expertise will
inform our golf operations across Asia.”
Wentworth, located in the upmarket county
of Surrey in England, offers three 18-hole golf
courses , one 9-hole par 3 executive course, extensive practice
facilities , a bespoke TaylorMade Performance Lab, a clubhouse
with restaurants, bars, private meeting & dining rooms for up to
300 guests, bedroom accommodation and a comprehensive Professional
Shop and locker rooms.
The Tennis & Health Club at Wentworth features
13 tennis courts, a multi sport area, children’s playground,
creche, gym, studio, 2 indoor and 1 outdoor swimming pool, café,
lounge, a spa with 7 treatment rooms.
Richard Caring
said, “In the nine years that I have owned Wentworth, I have
received a multitude of offers to purchase the club. However, I
have always looked for an owner with integrity, a recognition of
the iconic nature of Wentworth, an understanding of the special
place it holds in so many people’s hearts, an owner who wants to
develop the club ever further, improving on what is already a
masterpiece, someone with knowledge and experience of the sport
and with premium quality international connections and last, but
not least, long term vision. In Dr. Chanchai and his team
at Reignwood, I feel confident that this has been achieved. I know
Wentworth is in great hands for the next chapter in its amazing
story and I look forward to staying on as Non-Executive Director.”
Reignwood,
Wentworth,
Golf,
Thailand
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