Rae Golf has acquired White Beach Golf!
In Estonian golf, changes of ownership of golf courses do not happen very often. However, in November this happened when Rae Golf OÜ bought the majority stakes in White Beach Development AS and WBG Klubihoone OÜ from Pohjanmaan Osuuspankki. The transaction will be completed later this year and as a result White Beach Golf will be 100% owned by Estonian private capital.
Rae Golf plans to invest significantly in White Beach in the coming years to increase the range and quality of its services. The identity of WBG will certainly be preserved and Vahur Tamm, CEO and shareholder of WBG, will continue to lead WBG.
For golfers, however, this will mean a great opportunity to purchase two-in-one packages, which will allow play on both courses all year round. Up to now, only Pärnu Bay Golf Links and Saaremaa Golf & Country Club, which, as you know, also has a single owner, have offered such two-in-one packages.