Cruisers Yachts News

MARINEMAX ACQUIRES CRUISERS YACHTS

CLEARWATER, FL, May 3, 2021 – MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of KCS International, Inc., better known as Cruisers Yachts, headquartered in Oconto, Wisconsin. Cruisers Yachts (Cruisers) is recognized as one of the world’s premier manufacturers of premium yachts, producing models from 33’ to 60’ feet. Cruisers, due to demand, recently announced the expansion of their production capacity by purchasing a 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, WI. Such expansion allows Cruisers to more than double its capacity over time. MarineMax’s acquisition of Cruisers Yachts ensures it will always have a premium, American built yacht in its product portfolio. The Company expects the acquisition to be accretive in its first full twelve-month period.

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Cruisers Yachts purchases world class manufacturing facility…

OCONTO, WI (April 26, 2021) – KCS International, Inc., parent company of Cruisers Yachts, significantly expanded its manufacturing and production capacity with the acquisition of the nearby Pulaski, Wisconsin manufacturing facility that formerly built Carver and Marquis brand yachts. The transaction focused on a state-of-the art, purpose-built manufacturing facility, located in a community with a highly skilled workforce with generational heritage in yacht construction.

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