Tag Archives: Tom Slikkers

Leon Slikkers honored with Lifetime Achievement Award at METS

Leon Slikkers' passion, innovation and craftsmanship were recognized at this year's seventh annual Boat Builder Awards, where he received the prestigious Lifetime Achievement Award. The International Boat Industry and METSTRADE, the world's biggest forum for experts in the recreational marine equipment industry, facilitate the awards. Individuals, teams and supply chain partners that have made significant contributions to the boatbuilding industry are ...

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Industry icon Leon Slikkers announces retirement

Leon Slikkers, a marine industry pioneer, whose career building boats dates back to the 1940s, is retiring from Tiara Yachts, the company announced recently. An industry trendsetter who bucked conventional wisdom when it came to building boats out of fiberglass instead of wood, Slikkers, now 93, founded S2 Yachts in 1974. The company initially focused on trailerable sailboats, but as ...

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S2 Yachts consolidates under single brand

S2 Yachts recently announced the consolidation of its Tiara brands (Tiara Yachts and Tiara Sport) under a single Tiara Yachts banner. The boatbuilder says, while this shift brings an outward and visible change to the Tiara Yachts brand, the form and functionality of every product built by S2 Yachts is ultimately, and will continue to be, Tiara. “The definitions of ...

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Malibu completes acquisition of Pursuit Boats

Malibu Boats, Inc. has closed on its acquisition of Pursuit Boats from S2 Yachts. Total consideration for the transaction is $100 million. The transaction was paid with $50 million of cash on hand and $50 million of borrowings under an incremental revolving credit facility that was added to Malibu’s existing credit facility. “As a leader in the saltwater outboard fishing ...

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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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