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MasterCraft to acquire Marine Products Corp in merger

PUBLIC · MCFTSep 05, 2026about 7 hours ago

Acquiring Company

MasterCraft Boat Holdings

Acquired Company

Marine Products

VonoreAtlantaManufacturingSportsShipbuildingManufacturing

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.

Company Information

Company

MasterCraft Boat Holdings

Location

100 Cherokee Cove Drive

Vonore, Tennessee, United States

About

MasterCraft Boat Holdings, Inc. is a leading innovator, designer, manufacturer, and marketer of premium performance sport boats. The company operates under the MasterCraft, Crest, and Aviara brands and is committed to providing the best customer experience.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently 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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