Who bought Maverick Boat Company?

Who bought Maverick Boat Company?

Who bought Maverick Boat Company?

Malibu Boats
Malibu Boats has acquired Maverick Boat Group in a deal that affects some of the largest boatbuilders not only on the Treasure Coast, but in the U.S. CEO Jack Springer announced the deal Tuesday to investors of the Tennessee-based Malibu Boats, which is the parent company of Fort Pierce-based Pursuit Boats.

Where are maverick Boats made?

Fort Pierce, Fla.
With their state-of-the-art manufacturing facility in Fort Pierce, Fla., MBC now produces four of the most prestigious name brands in light-tackle fishing boats, Maverick, Hewes, Pathfinder and Cobia and 2015 marks the 30th anniversary of MBC.

Did Malibu Boats buy Maverick Boats?

05, 2021 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU), announced today that it has closed the acquisition of Maverick Boat Group, Inc. (“Maverick”). The transaction was funded with cash on hand and borrowings under its credit facility.

When did maverick buy Hewes?

1989
It was not long before Maverick Boat Company had established a name for itself. In response to this growing demand, Maverick Boat Company acquired Hewes Boats, the other leading name in shallow water fishing boats in 1989 from original owner Bob Hewes.

Who owns Mastercraft boat Company?

MasterCraft Boat HldgsMasterCraft / Parent organization

Who owns Hewes?

Dave and brother Bill Hewes eventually took over the company, with their dad working until around age 80. Today, Hewescraft employs 144 workers and makes nine series of boat models ranging in length from 16 to 26 feet. Between 2014 and 2015, revenue rose 10 percent, followed by a 3 percent rise the next year.

Where are Cobia boats made?

Today Cobia Boats are made at their new plant in St. Lucie, Florida. Their lines are comprised of center consoles and dual console models.

What engine does MasterCraft use?

Ilmor Marine engines
Some of its most popular boats today are the ProStar, a direct drive ski boat, and the X Series Wakeboard boats. All MasterCraft models since 2012 use Ilmor Marine engines inboard marine engines built on the General Motors 5.3L GDI, 6.0L MPI, 6.2L GDI, and 7.4L MPI V8 engine blocks.

Are Cobia boats good in rough water?

This model is a versatile boat that can be used for family cruising, water sports like water-skiing, and some serious fishing. The newly designed hull offers a smooth, dry ride and can handle rough seas with comfort and style.