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The 2024 Global Marine Industry Workplace Study
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genmar

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Judge OKs sale of Genmar companies

Irwin Jacobs comes away with two yacht lines, but key dealer questions remain unresolved Genmar Holdings was once the world’s second-largest manufacturer and distributor of

MasterCraft owner buys Hydra-Sports

MCBC Hydra Boats, which purchased Hydra-Sports in the Genmar bankruptcy proceedings for $1 million, is a subsidiary of the same company that owns MasterCraft Boat

Genmar vendor checks to be honored

According to the debtor-in-possession financing arrangement, Wells Fargo will honor any check written to vendors between now and the closing of the sale of Genmar

Judge OKs Genmar auction results

A bankruptcy court judge in Minnesota Wednesday approved all bids for Genmar’s assets, chief restructuring officer Mark Sheffert said. The sale will officially close Jan.

Genmar sale hearing gets under way

A sale approval hearing for the assets of Genmar Holdings was scheduled to begin at 10:30 a.m. this morning in U.S. bankruptcy court in Minneapolis.

Platinum Equity buys majority of Genmar

California-based Platinum Equity has purchased “essentially all the assets” of Genmar Holdings for $70 million, chief restructuring officer Mark Sheffert confirmed to Soundings Trade Only.

Genmar auction gets under way

The auction for Genmar’s assets was scheduled to start at 11 a.m. EST this morning in Minneapolis. Bids were due Monday. The auction is being managed

16_judge_01

Judge OKs sale of Genmar companies

Irwin Jacobs comes away with two yacht lines, but key dealer questions remain unresolved Genmar Holdings was once the world’s second-largest manufacturer and distributor of

MasterCraft owner buys Hydra-Sports

MCBC Hydra Boats, which purchased Hydra-Sports in the Genmar bankruptcy proceedings for $1 million, is a subsidiary of the same company that owns MasterCraft Boat

Genmar vendor checks to be honored

According to the debtor-in-possession financing arrangement, Wells Fargo will honor any check written to vendors between now and the closing of the sale of Genmar

Judge OKs Genmar auction results

A bankruptcy court judge in Minnesota Wednesday approved all bids for Genmar’s assets, chief restructuring officer Mark Sheffert said. The sale will officially close Jan.

Genmar sale hearing gets under way

A sale approval hearing for the assets of Genmar Holdings was scheduled to begin at 10:30 a.m. this morning in U.S. bankruptcy court in Minneapolis.

Platinum Equity buys majority of Genmar

California-based Platinum Equity has purchased “essentially all the assets” of Genmar Holdings for $70 million, chief restructuring officer Mark Sheffert confirmed to Soundings Trade Only.

Genmar auction gets under way

The auction for Genmar’s assets was scheduled to start at 11 a.m. EST this morning in Minneapolis. Bids were due Monday. The auction is being managed

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