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Tag Archives: Pursuit

Malibu announces record quarter for Q2

Malibu Boats, Inc. announced its financial results for the second quarter ended Dec. 31, 2019. Highlights for the second quarter of fiscal year 2020 included a net sales increase of 8.6% to $180.1 million compared to the second quarter of fiscal year 2019. Unit volume increased 2.5% to 1,804 boats compared to the same period last year. Net sales per unit increased 6% to ...

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Pursuit Boats welcomes new marketing manager

Pursuit Boats recently welcomed Megan Foley Morris to its team in the role of marketing manager. Morris brings with her a wealth of experience in the fields of marketing, public relations, advertising, publishing and event planning across multiple platforms, including more than 10 years immersed directly in the marine industry. Morris will work closely with Pursuit’s director of marketing as ...

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Pursuit breaks ground for plant expansion

Pursuit Boats recently broke ground for the first phase of an expansion that the boatbuilder said will bring its campus footprint to 100 acres of land, with 773,000 square feet of manufacturing and support space. The expansion will also increase local employment to 600 people. Groundbreaking ceremonies were held at the company's 213,000 square-foot facility in Fort Pierce, Fla. The ...

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Pursuit celebrates Top Dealer Awards at annual conference

Pursuit Boats awarded top domestic, international dealers and salespeople during its annual dealer conference in Tampa, Fla. In addition to the awards ceremony, Pursuit hosted business updates, education seminars and sea trials for principles and sales personnel within its dealer network. "Every year, we look forward to sharing our successes and opportunities with our great partners — our valued dealers ...

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Malibu enters agreement to acquire Pursuit Boats

Malibu Boats, Inc. announced today that it has entered into a definitive agreement with S2 Yachts, Inc. (S2) to acquire the assets of Pursuit Boats for a total consideration of $100 million. The transaction is expected to close in the fourth calendar quarter of 2018, subject to customary closing conditions. Malibu will fund the transaction with cash on hand and ...

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