MasterCraft Boat Holdings Acquires Marine Products in $232.2 Million Cash-and-Stock Deal

February 9, 2026

MasterCraft Boat Holdings entered into a definitive agreement to acquire Marine Products Corporation for approximately $232.2 million in a cash-and-stock transaction (net of acquired cash). The deal combines MasterCraft with Marine Products’ Chaparral and Robalo brands and is expected to close in the second calendar quarter of 2026, subject to customary conditions and shareholder approvals.

Buyers
MasterCraft Boat Holdings, Inc.
Targets
Marine Products Corporation
Sellers
LOR, Inc.
Industry
Manufacturing
Location
Utah, United States
Transaction Type
Buyout

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