Acquiring Company
MasterCraft Boat Holdings
Acquired Company
Marine Products
Description
MasterCraft Boat Holdings has agreed to a cash-and-stock merger with Marine Products Corp. Shareholders of Marine Products Corp will receive $2.43 in cash and 0.2320 shares of MasterCraft for each share held. This merger links Marine Products shareholders to the performance of MasterCraft. The agreement enhances exposure to the powerboat market.
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Based on deal dataFrequently asked
Who acquired Marine Products?
Marine Products was acquired by MasterCraft Boat Holdings, based in Vonore. The deal was reported on September 5, 2026. MasterCraft Boat Holdings, Inc. is a leading innovator, designer, manufacturer, and marketer of premium performance sport boats. MasterCraft Boat Holdings is publicly traded (MCFT) and operates in Manufacturing.
When did MasterCraft Boat Holdings acquire Marine Products?
MasterCraft Boat Holdings's acquisition of Marine Products was reported on September 5, 2026. MasterCraft Boat Holdings has agreed to a cash-and-stock merger with Marine Products Corp. Shareholders of Marine Products Corp will receive $2.43 in cash and 0.2320 shares of MasterCraft for each share held. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Marine Products do?
Marine Products is a manufacturer of recreational boats and marine products, previously listed on the NYSE under the ticker MPX. The company operates in the marine manufacturing industry and provides products for both consumer and commercial markets. It is privately held, operating in Manufacturing, and is based in Atlanta.
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