MasterCraft Boat Co - Offering The Purchase of Crest Pontoons 9/12/18

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MasterCraft: a well known name in the boating industry has recently signed an agreement to acquire Crest Marine, LLC. of Owosso, Michigan. For approximately $80 million! 
As this extremely popular trend in recreational boating continues to grow, along comes a much greater opportunity for manufacturers to better position themselves for market share. Here is another fine example of the brand expansion we are seeing from both manufacturing, as well as consumer demand. We believe everyone needs a Pontoon Boat, They just don't know it... Yet!#LivingTheToonLife 
This potential acquisition by MasterCraft  
MCBC Holdings, Inc. The parent company of MasterCraft Boat CCo, LLC, and NauticStar, LLC  allows them to add an extremely popular offering of "Crest Pontoon Boats" to their portfolio.  They are currently trading via NASDAQ: MCFT 
​This investment from MCBC Holdings, Inc. allows them to diversify their offerings, as well as re position themselves as industry leaders. Quote:  We are very excited to welcome Crest to the MasterCraft family (Terry McNew, President & CEO) Crest will continue manufacturing in the Owosso, MI facility. We believe this strategic decision by MasterCraft, to enter the Pontoon Boat  segment,  will have a huge impact on everyone
involved. Visit our website www.livingthetoonlife.com for more Information on The Fastest Growing Trend In Recreational Boating. 

​Photo Credit - MasterCraft

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Photo Credit - Crest Pontoons

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Do you own a MasterCraft - NauticStar - Crest Pontoon ?