Sept 18, 2018
MCBC Holdings, Inc. the parent entity of MasterCraft Boat Company, LLC (“MasterCraft”), and NauticStar, LLC (“NauticStar”), today announced that it has entered into a definitive agreement to acquire Crest Marine, LLC (“Crest”), a leading vertically integrated manufacturer of high-quality pontoon boats in the United States.
Terry McNew, MasterCraft’s President and Chief Executive Officer, commented, “We are very excited to welcome Crest to the MasterCraft Family. Crest is a well-respected, expertly built and uniquely positioned brand. The company’s pontoon boats provide us with additional product diversity and presence in the attractive pontoon segment, as well as further establishes MasterCraft in the outboard propulsion category, two of the fastest growing areas within the broader boating industry. With its vertically-integrated business model, Crest differentiates itself from its competitors, allowing it to better control pricing, and generate higher margins.
Concluded McNew, “The acquisition of Crest is the logical next step in our strategic plan to acquire profitable, growing, premium brands in fast-growing segments that further diversify our product portfolio. As a combined organization, we have the resources and experience to greatly expand Crest’s distribution after satisfying the demand from the existing dealer network. We look forward to working together to deliver profitable and sustainable market share growth, and driving efficiency in every area of our business.”
For further information please visit: http://www.mastercraft.com/
A MATCH MADE IN...THE MARITIMES
Stright-MacKay Ltd. & Mermaid Marine Products Are Joining Together
Two well-established marine distributors with deep Maritime roots are joining together to form a single company. Maritime Marine Supply will begin filling orders for marine dealers and boat builders across Canada beginning in January 2021.
Stright-MacKay and Mermaid Marine each have their own history and identity. Maritime Marine Supply will build on that foundation, and continue the East Coast tradition of forging lasting relationships based on trust and respect.
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FURUNO'S NAVNET TZTOUCH3 FAMILY EXPANDS WITH INTRODUCTION OF NEW 9-INCH MFD
In early 2020, Furuno introduced NavNet TZtouch3, setting the standard for MFDs by packing powerful features and functions into super-bright and responsive IPS displays. These units are not only the most powerful MFDs on the market, but also the easiest to use, with a variety of screen sizes and interface options to suit any boating style or size of vessel.
Now, Furuno is expanding that ground-breaking line of MFDs with the addition of the TZT9F, a new, smaller MFD that packs the power of NavNet TZtouch3 into a 9” IPS display, suitable for smaller helms, flybridges, and second stations.
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CARLING TECHNOLOGIES ANNOUNCES THE PASSING OF MARETRON DIRECTOR OF SALES, KIP WASILEWSKI
Carling Technologies is saddened to announce that its Director of Sales for the Maretron brand, Kip Wasilewski, died suddenly on October 27, 2020 near his home in New Jersey.
Frank Emnett, Vice President, Carling Technologies and co-founder of Maretron stated, “It is with great sadness that I announce the passing of my colleague. Kip has made an indelible mark on the reputation and success of the Maretron brand. His product knowledge and dedication to our customers was unmatched, and he will be greatly missed.”
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