Cruisers Forum
 


Join CruisersForum Today

Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on Cruisers Forums. Advertise Here
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 29-06-2018, 20:56   #1
Registered User
 
transmitterdan's Avatar

Join Date: Oct 2011
Boat: Valiant 42
Posts: 5,810
Mercury Marine buys Power Products

Mercury Marine has announced the purchase of Power Products for $910M USD. You may not know what Power Products is but you probably know their brands...Mastervolt, BEP, Ancor, Blue Sea Systems and others.
transmitterdan is offline   Reply With Quote
Old 30-06-2018, 06:16   #2
cruiser

Join Date: Jan 2017
Boat: Retired from CF
Posts: 13,304
Re: Mercury Marine buys Power Products

Wow. Hope that doesn't hit quality over time.

Brunswick Corp. is the actual buyer, Mercury is their subsidiary.

ProMariner in there too.

Based on $233 million in revenue, big multiple.
john61ct is offline   Reply With Quote
Old 30-06-2018, 15:20   #3
Registered User
 
transmitterdan's Avatar

Join Date: Oct 2011
Boat: Valiant 42
Posts: 5,810
Re: Mercury Marine buys Power Products

Yes, it would seem Brunswick thinks they can improve the EBITDA margins. I agree the multiple seems awfully high even so.
transmitterdan is offline   Reply With Quote
Reply

Tags
marine, mercury

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Garmin buys Maine-based GPS products company DeLorme pickpaul Marine Electronics 6 14-02-2016 19:32
For Sale: Mercury 3.5 outboard and Mercury 260 Dinghy Mermaid Girl Classifieds Archive 0 17-04-2012 05:11
Another One Buys a Boat happycamper Meets & Greets 5 15-12-2010 20:17
Dometic buys Waeco Group GordMay Plumbing Systems and Fixtures 0 02-03-2007 00:54
Maptech buys The Capn Curtis Marine Electronics 3 06-07-2006 13:27

Advertise Here


All times are GMT -7. The time now is 03:20.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.