Mergers & Acquisitions ·
MasterCraft Boat completes acquisition of Marine Products in stock-and-cash deal valued at $284M
MCFTMasterCraft Boat Holdings, Inc.
MasterCraft Boat Holdings, Inc. completed its previously announced merger with Marine Products Corporation on May 15, 2026. The transaction was structured as a two-step merger resulting in Marine Products becoming a wholly owned subsidiary of MasterCraft. Shareholders of Marine Products received 0.232 shares of MasterCraft common stock and $2.43 in cash for each share held. The total merger consideration amounted to approximately $284 million, comprising roughly $199 million in stock and $85 million in cash. This filing provides unaudited pro forma combined financial statements for the fiscal year ended June 30, 2026, illustrating the combined results of operations as if the acquisition had occurred on July 1, 2025. MasterCraft Boat Holdings operates in the recreational boat manufacturing industry.