MasterCraft Completes Marine Products Acquisition with $2.43 Cash and 0.232 Shares, Expanding Portfolio
MasterCraft Boat Holdings completed its acquisition of Marine Products Corporation, issuing $2.43 cash and 0.232 shares of MasterCraft per Marine Products share on May 15, 2026. The deal brings Chaparral, Robalo, Crest and Balise brands under MasterCraft, expanding its dealer network and product offerings across boating categories.
1. Acquisition Completion
MasterCraft finalized the purchase of Marine Products Corporation on May 15, 2026, delivering $2.43 cash and 0.232 MasterCraft shares for each Marine Products share. Marine Products common stock ceased trading and delisting from the NYSE marks the full integration of operations under MasterCraft.
2. Expanded Brand Portfolio
The combined entity now houses five leading recreational marine brands—MasterCraft, Crest, Balise, Chaparral and Robalo—enabling a diversified product lineup across performance, leisure and sport fishing segments and reaching both coastal and inland markets.
3. Synergies and Growth Prospects
MasterCraft anticipates enhanced scale to drive operational efficiencies, support accelerated product innovation and strengthen dealer relationships, positioning the company for long-term growth through expanded market coverage and a broader customer base.