PDA

View Full Version : Sale of Genmar Assest Finalized


BigBass
February 2nd, 2010, 10:09 AM
Genmar Holdings closed on the sale of its remaining boating-related assets and certain other non-core assets.



Platinum Equity of Beverly Hills, Calif., now owns the Ranger, Stratos, Champion, Wellcraft, Four Winns and Glastron boat brands; manufacturing facilities and related operations in Flippin, Ark.; Cadillac, Mich.; and Murfreesboro, Tenn.; and certain transportation equipment and other real estate assets.

Genmar previously completed the sales of Genmar Yacht Group, which includes Marquis and Carver, to J&D Acquisitions and its Hydra-Sports brand to MCBC Hydra Boats.

Click Here To Read More: (http://www.tradeonlytoday.com/home/502328-sale-of-genmar-assets-is-finalized)

Island Breeze
February 2nd, 2010, 05:58 PM
So basiclly Jacobs got to screw a bunch of people and gets to reap the benefitsw.

Bullet20dc
February 2nd, 2010, 06:16 PM
So basiclly Jacobs got to screw a bunch of people and gets to reap the benefitsw.

big surprise there huh