MarineMax sees lower sales in larger-boat market

MarineMax reported seeing softness in the 60-foot-and-above boat market during its third quarter and pointed to inaction in Washington, D.C., as a leading cause for seeing that market weaken for the first time since the Great Recession — as well as cool, rainy weather in the Northeast.

Malibu seeks to expand reach of Cobalt Boats

Malibu Boat’s purchase of Cobalt Boats was “not an acquisition of a sterndrive company,” but the purchase of a company that offers several opportunities given Cobalt’s entry into the outboard and wake surf segments last year.

Premier Marine files for bankruptcy protection

Premier Marine, maker of Premier Pontoons, filed for Chapter 11 restructuring as a result of a “failed acquisition of another pontoon manufacturer in 2011,” said a motion filed Tuesday in U.S. Bankruptcy Court in Minnesota.

Yamaha acquires Milwaukee parts manufacturer

Yamaha Motor Corp. said it created a new subsidiary, Yamaha Marine Systems Co., following the acquisition of Kracor Inc., a rotational molding manufacturer based in Milwaukee.

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