BoatTEST.com, a leading resource for marine and boating industry information, discussed the closing of Platinum’s acquisition of Genmar. BoatTEST commented on Platinum’s reputation for professionalism, integrity, and no non-sense operations. The Web site also framed Platinum as a welcomed, and much needed, addition to the boating industry.
The acquisition included the Ranger, Stratos, Champion, Wellcraft, Four Winns, and Glastron boat brands; manufacturing facilities and related operations in Flippin, Ark., Cadillac, Mich., and Murfreesboro, Tenn.; and certain transportation equipment and other real estate assets.
The newly acquired boat brands will have the support of Platinum’s extensive operational resources and multi-billion dollar capital base.