Brunswick Corporation : Brunswick Completes Acquisition of Lankhorst Taselaar

Download as PDF 




METTAWA, Ill. Sept. 1, 2017 - Brunswick Corporation (NYSE: BC) today announced
it has completed its acquisition of Lankhorst Taselaar, a leading marine parts
and accessories distribution company based in the Netherlands and Germany.
Lankhorst Taselaar will be integrated into Mercury Marine to augment the engine
maker's strong and growing P&A business in Europe.

The transaction was originally announced in late July, and was subject to usual
and customary closing conditions, including relevant merger filings, which have
now been completed.  Terms of the transaction were not disclosed.

"Lankhorst Taselaar bolsters and solidifies the distribution arm of our marine
P&A business in Europe," explained Brunswick Chairman and Chief Executive
Officer Mark Schwabero.  "As we have done in recent years with BLA in Australia
and Payne's Marine in Canada, Lankhorst Taselaar expands our reach and customer
responsiveness in the global marine marketplace and offers us a larger footprint
upon which to build in Europe.

"The Lankhorst Taselaar transaction is further evidence that Brunswick is
executing its strategy to add operations, particularly those in fitness and
marine P&A," Schwabero added.   "Including this and other completed
acquisitions, we continue to target $350 million of additional revenue from P&A
acquisitions by 2018, which was originally shared with the financial community
in 2015."



About Brunswick
Headquartered in Mettawa, Ill., Brunswick Corporation's  leading consumer brands
include Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and
inboard engines; MotorGuide trolling motors; Attwood, Garelick and Whale marine
parts and accessories; Land 'N' Sea, Kellogg Marine, Lankhorst Taselaar, Payne's
Marine and BLA parts and accessories distributors; Bayliner, Boston Whaler,
Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris,
Lowe, Lund, Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet
and Uttern; Life Fitness, Hammer Strength, Cybex, Indoor Cycling Group  and
SCIFIT fitness equipment; and Brunswick billiards tables, accessories and game
room furniture. For more information, visit http://www.brunswick.com.


+-------------------------------------------------------------+
| Contact:   Daniel Kubera                                    |
+-------------------------------------------------------------+
|     Director - Media Relations and Corporate Communications |
+-------------------------------------------------------------+
| Phone:   847-735-4617                                       |
+-------------------------------------------------------------+
| Email:    daniel.kubera@brunswick.com                       |
+-------------------------------------------------------------+






This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    
Source: Brunswick Corporation via GlobeNewswire

Released September 1, 2017