Malibu Acquires Maverick Boat Group
January 5, 2021
The $150 million purchase of the group’s four brands increases Malibu’s presence in the saltwater outboard segment.
The $150 million purchase of the group’s four brands increases Malibu’s presence in the saltwater outboard segment.
CEO Jack Springer: “A phenomenal start to fiscal year 2021.”
The new luxury wake boat takes its cues from the flagship M240.
Rolling out new models earlier than usual helped boost the company’s bottom line.
Go Surf Assist will pay royalties moving forward.
Production suspensions erased solid results the company was having at the beginning of the quarter.
Marine Products Corp., the parent of Chaparral and Robalo, suspends manufacturing, and BMO Capital Markets moves Brunswick and Malibu stock ratings to “perform.”
Costs related to UAW strike hurt gross profits, but net sales increased across the board.
NMMA touts lawmaker visits as an important advocacy tool for boat manufacturers.
The $150 million purchase of the group’s four brands increases Malibu’s presence in the saltwater outboard segment.
CEO Jack Springer: “A phenomenal start to fiscal year 2021.”
The new luxury wake boat takes its cues from the flagship M240.
Rolling out new models earlier than usual helped boost the company’s bottom line.
Go Surf Assist will pay royalties moving forward.
Production suspensions erased solid results the company was having at the beginning of the quarter.
Marine Products Corp., the parent of Chaparral and Robalo, suspends manufacturing, and BMO Capital Markets moves Brunswick and Malibu stock ratings to “perform.”
Costs related to UAW strike hurt gross profits, but net sales increased across the board.
Price increases contributed to net sales growth.
NMMA touts lawmaker visits as an important advocacy tool for boat manufacturers.
