MCBC Holdings, Inc. announces corporate name change
MCBC Holdings, Inc. (NASDAQ: MCFT), manufacturer of its three wholly-owned subsidiaries, MasterCraft Boat Company, LLC, NauticStar, LLC, and Crest Marine, LLC, announced that, effective immediately, the company has changed its corporate name to MasterCraft Boat Holdings, Inc.
The company’s ticker symbol on the NASDAQ Exchange will remain “MCFT” and names of subsidiaries will not be affected.
“As we’ve continued to successfully execute our strategy of acquiring premium brands focused on serving the fastest growing segments of the powerboat industry, the name “MCBC” does not sufficiently reflect the premium, iconic nature of our flagship brand, MasterCraft, and our growing diversified portfolio, President and CEO Terry McNew said. “The new name – MasterCraft Boat Holdings – will continue to represent a powerboat portfolio recognized for innovation, performance, premium quality and strong growth, as well as expand our recognition with both institutional and retail investors as a company focused on providing attractive returns to shareholders.”