[scepticus]

MARINEMAX ACQUIRES CRUISERS YACHTS 🇺🇸 MarineMax, Inc., 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 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. [links]

[Bitquux]

With over 100 years of heritage, Cruisers has successfully navigated through various industry cycles and grown through innovation and product leadership. After launching the distinguished design and innovation of the Cantius yacht series in 2011, Cruisers’ growth and market share accelerated. The Company successfully navigated through the 2020 pandemic, producing revenue of over $75 million. Cruisers has an accomplished dealer network, including SkipperBud’s and Silver Seas Yachts, which were acquired by MarineMax in October 2020, plus five recently added MarineMax locations. Combined, MarineMax accounts for nearly half of Cruisers’ revenue on an annual basis.

[hilary33]

[RogerRabbit]

[davidpbrown]

[strella6black]

James’ commitment is to deliver the highest level of service during and after the sale. He builds strong relationships with his customers to provide them with their ultimate yachting lifestyle.

[cyclonite]

James started with MarineMax in 2002, and has an extensive financial background. Prior to joining MarineMax, James was a licensed investment advisor holding numerous security licenses and had been recognized for top financial achievement awards. His history in the financial sector paved the road for his success in the yachting industry.

[caulinda87]

James’ awards and recognitions include: Top Gun Sales Award for the MarineMax Chairman’s Circle and #1 Salesman within all of MarineMax. James has specialized training in the product lines of Ocean Alexander, Hatteras, Azimut, Benetti Yachts, Sea Ray and Ferretti Yachts. He is also well versed in foreign and offshore transactions, crew placement, financial services, and charter and construction management. more

[harrison801]

Corts met the owners of a new Ocean Alexander 85 Motoryacht at the Palm Beach Boat show last March. They were looking to move up from a 75 Lazzara and found the size and volume of the Ocean Alexander 85 much larger than many other boats in her class. The added contemporary elegance and classic semi-displacement hull design made the Ocean Alexander 85 Motoryacht a perfect choice.

[andyc]

The new owners of the Ocean Alexander 88 Motoryacht Skylounge are also new clients, referred through existing customers. Corts became fast friends and helped them find the perfect boat to move up from their 2015 Princess 68.

[hogofwar]

The enclosed bridge, spacious interior, and generous storage onboard drew them to the Ocean Alexander 88 Motoryacht Skylounge. This special edition vessel takes all the traits most enjoy on the 85 Motoryacht and further elevates the capabilities. With the addition of an enclosed Skylounge, you gain a second salon for you and your guests to enjoy.
Corts started with MarineMax in 2002 and has an extensive financial background. Prior to joining MarineMax, Corts was a licensed investment advisor holding numerous security licenses and had been recognized for top financial achievement awards. His history in the financial sector paved the road for his success in the yachting industry. Corts’ awards and recognitions include Top Gun Sales Award for the MarineMax Chairman’s Circle and #1 Salesman within all of MarineMax. Corts has specialized training in the product lines of Ocean Alexander, Hatteras, Azimut, Benetti Yachts, Sea Ray and Ferretti Yachts. He is also well versed in foreign and offshore transactions, crew placement, financial services, and charter and construction management. more

[gusti]

The Company will release its third quarter fiscal 2021 financial results prior to the market open on Thursday, July 22, 2021.

[jonathanfrank]

CLEARWATER, Fla., July 15, 2021--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its third quarter fiscal 2021 results on Thursday, July 22, 2021, at 10:00 a.m. Eastern Time.

[rokh]

To access the webcast, please visit the investor relations section of the Company's website: http://www.marinemax.com. The online replay will be available for a limited time beginning within one hour of the conclusion of the call.

[sahars]

During the call, it is possible that the Company may make public disclosure of material nonpublic information and may make forward-looking statements regarding the Company's business, operations, and financial condition.

[btchris]

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[xcikni]

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