Tag Archives: David M. Foulkes

Brunswick Corporation announces measures to reduce operating costs

Brunswick Corporation announced further measures to drive greater efficiency and reduce the annual operating costs of its Marine businesses — both boat and engine — by an estimated $30 million to $35 million. This follows the June 27, 2019 announcement of the streamlining of its corporate support functions related to the sale of its Fitness business. “These actions will reduce ...

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Brunswick to acquire Freedom Boat Club

Brunswick Corporation announced it has entered into a definitive agreement to acquire Freedom Boat Club (FBC). Terms of the transaction were not disclosed. Freedom Boat Club, founded in 1989, is the largest boat club operator and the premier marine franchisor in the nation. FBC and its franchisees service over 20,000 members, providing them with access to a fleet of nearly ...

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