twistedtree
Guru
I'm surprised this hasn't come up already, but Brunswick is acquiring Power Products, including BEP, Anchor, MasterVolt, Marinco, ProMariner, etc.
Brunswick - Investor Relations - News Release
They paid quite a premium of about 4x trailing revenue (about $1B purchase (cash) on $250M revenue).
There certainly is a lot of consolidation going on in the industry, but it's not at all clear whether it's beneficial for the companies and their customers.
Thoughts?
Brunswick - Investor Relations - News Release
They paid quite a premium of about 4x trailing revenue (about $1B purchase (cash) on $250M revenue).
There certainly is a lot of consolidation going on in the industry, but it's not at all clear whether it's beneficial for the companies and their customers.
Thoughts?