Marine Products Corporation Acquired by MasterCraft Boat Holdings | Consumer M&A Deal

MasterCraft Boat Holdings has completed the acquisition of Marine Products Corporation, a consumer other business in New York, for $2.43 per share. MasterCraft Boat Holdings acquisitions bring Marine Products’ recreation and sport fishing powerboat manufacturing into a broader recreational marine portfolio, including Chaparral and Robalo brands. The MasterCraft Boat Holdings acquisitions expand consumer M&A reach through complementary coastal and inland dealer networks and strengthen innovation and product development across multiple boating categories. The platform acquisition is a public company acquisition by NASDAQ-listed MasterCraft, with Marine Products common stock ceasing to trade on the NYSE after the closed deal.