Home » Tag Archives: Bennington

Tag Archives: Bennington

Polaris reports Boat Holdings tracking to early expectations

Polaris Industries Inc. today reported third quarter 2018 sales of $1.65 million, up 12 percent from $1.48 million for the third quarter of 2017. Overall, adjusted sales for the third quarter of 2018 were $1.65 million, up 12 percent from the prior year period. Boat segment sales, which consist of the Boat Holdings acquisition that closed in early July, were ...

Read More »

Lakeside Motor Sports opens new marine facility

Michigan’s Lakeside Motor Sports — a Boating Industry Top 100 dealer — recently unveiled its new 50,000-square-foot marine showroom and service facility, which is now complete and open for business. The new facility was constructed across the street from their currently operating powersports facility. “This expansion represents our continued investment back into our community to make it better for everyone. Our vision of ...

Read More »

Polaris enters boating industry with Boat Holdings, LLC acquisition

Polaris Industries Inc. has signed a definitive agreement to acquire Boat Holdings, LLC, a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at a net present value of approximately $805 million. Polaris also expects that approximately $100 million NPV of future net tax benefits will accrue to the combined company. When adjusted ...

Read More »