Deal Snapshot
MarineMax Acquires Cruisers Yachts to Strengthen Product Portfolio
Tuesday 04 May 2021

Florida, US-based recreational boat and yacht retailer MarineMax, Inc. (NYSE: HZO) has acquired Wisconsin-based yacht manufacturer KCS International, Inc., (Cruisers Yachts), to fill a void in product portfolio, the company said.

MarineMax paid USD 63m for Cruisers. Cruisers expanded its production capacity with the purchase of a 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, Wisconsin. The expansion allows Cruisers to more than double its capacity over time.

Date Published: 04/05/2021