|
|
Article: Mercury Marine Parent Brunswick to Buy Three Boat Companies.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 9, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
By Rick Barrett, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News
Mar. 9--Mercury Marine Inc. could benefit from a $191 million acquisition of three aluminum boat companies by its parent, Brunswick Corp.
The deal announced Monday would give the Fond du Lac outboard engine company solid access to Crestliner, Lund and Lowe boats -- three lines that had $311 million in sales among them in 2003.
Brunswick, of Lake Forest, Ill., is buying the companies from Genmar Holdings, a Minneapolis boat manufacturer with more than a dozen brands in its lineup.
When the sale is finalized this summer, as expected, Brunswick will ...