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LAKE FOREST, Ill. July 20, 2017 - Brunswick Corporation (NYSE: BC) today announced it has signed an agreement to acquire Lankhorst Taselaar, a leading marine parts and accessories distribution company based in the Netherlands and Germany. Terms of the transaction were not disclosed. Upon completion of this transaction, Lankhorst Taselaar will be integrated into Mercury Marine to augment the engine maker's strong and growing P&A business in Europe.
With 2016 revenue of approximately $25 million, Lankhorst Taselaar sells an extensive array of parts and components, as well as offers next-day delivery to nearly all its 3,000 customers, many of which are new to Mercury Marine's network in the region.
The transaction is subject to usual and customary closing conditions including relevant merger filings, and is expected to close in the third quarter.
"Lankhorst Taselaar will help Mercury to advance its presence and service throughout Northern Europe, particularly in Belgium, Luxembourg, the Netherlands and Germany," explained John Pfeifer, president - Mercury Marine. "It allows us to more quickly accomplish our goals of increasing share in this important and growing market, and the unified distribution network should greatly accelerate the future growth of the combined operations, with a broader product line and an expanded distribution network."
Lankhorst Taselaar's workforce consists of approximately 50 people and the company will continue the planned move into a new state-of-the-art facility in Heerenveen, the Netherlands, by the end of 2017.
The Lankhorst Taselaar acquisition is expected to have minimal impact upon Brunswick's 2017 results, Brunswick Chairman and Chief Executive Officer Mark Schwabero explained. Further, the impact of this type of transaction has already been considered in Brunswick's 2018 plan, which was originally presented to the financial community in November 2015.
"We continue to seek opportunities to strategically grow our marine and fitness operations throughout the world," Schwabero explained. "Lankhorst Taselaar will bolster and solidify the distribution arm of our marine P&A business in Europe. As we have done in recent years with BLA in Australia and Payne's Marine in Canada, Lankhorst Taselaar expands our reach and customer responsiveness in the global marine marketplace and offers us a larger footprint upon which to build in Europe.
"Pursuing the Lankhorst Taselaar transaction is further evidence that Brunswick is executing its strategy to add operations, particularly those in fitness and marine P&A," Schwabero said. "Including this and other completed acquisitions, we continue to target $350 million of additional revenue from P&A acquisitions by 2018, which was originally shared with the financial community in 2015."
About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation's leading consumer brands include Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Attwood, Garelick and Whale marine parts and accessories; Land 'N' Sea, Kellogg Marine, Payne's Marine, and BLA parts and accessories distributors; Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris, Lowe, Lund, Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern; Life Fitness, Hammer Strength, Cybex, Indoor Cycling Group and SCIFIT fitness equipment; InMovement products and services for productive well-being; and Brunswick billiards tables, accessories and game room furniture. For more information, visit http://www.brunswick.com.
Six casts. Twelve minutes. More than 21 pounds of East Texas largemouth.
Just that fleeting glimpse of Alabama pro Timmy Horton’s performance in Elimination Round 2 of the MLF General Tire World Championship seems impressive enough. But add those 21 pounds to the rest of Horton’s day on 700-acre Lake Naconiche, and you have a new single-day weight record that redefines the word “success” in tournament bass fishing.
In front of the watchful eyes of the TV cameras, Horton racked up an astounding 88 pounds, 10 ounces on 35 fish during Elimination Round competition versus Aaron Martens, Edwin Evers, Mark Davis, Bobby Lane and Boyd Duckett. The soft-spoken Alabamian’s 7 ½-hour flurry raised the standard previously set by Martens (88-0 on Pokegama Lake, Minn., in 2016) and Kevin VanDam (82-7 on Grand Lake, Mich., in 2013).
“It was just an amazing day,” Horton deadpanned after his record-breaking day. “I mean … 88 pounds.” Full Story - Video
FOND DU LAC, Wis. (June 28, 2017) – Mercury Marine, the world leader in marine propulsion, announced today, its new “Hello Summer” repower promotion. This new program is designed to allow consumers to take advantage of special repower financing and a six-year limited warranty on outboard engines ranging from 2.5hp to 25hp.
“Mercury’s FourStroke outboard line from 25hp and below continue to raise the bar when it comes to performance and reliability,” said Randy Caruana, Mercury Marine vice president of the Americas & Asia Pacific. “With this new promotion, not only do you have the quietest engine on the market, but it comes with six years of coverage which allows the consumer to enjoy their time on the water with the added protection from Mercury.
The “Hello Summer” Promotion is effective for eligible, repower sales only (excluding boat packages. All portable repower retail sales must be completed between June 26, 2017 and August 31, 2017.
Consumers may visit an authorized participating Mercury outboard dealer for a complete list of eligible outboard engines and all terms and conditions. Restrictions and exclusions may apply. This promotion is valid in the U.S. and void where prohibited. For additional details, please visit mercurymarine.com/promotions.
About Mercury Marine
Headquartered in Fond du Lac, Wis., Mercury Marine is the world’s leading manufacturer of recreational marine propulsion engines. A $2 billion division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications, empowering boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. Mercury’s industry-leading brand portfolio includes Mercury and Mariner outboard engines; Mercury MerCruiser sterndrive and inboard packages; MotorGuide trolling motors; Mercury propellers; Mercury inflatable boats; Mercury SmartCraft electronics; Attwood marine parts; Land ‘N Sea marine parts distribution; and Mercury and Quicksilver parts and oils. More information is available at mercurymarine.com.
SHEFFIELD - Some fishermen will give up and go home early when the fishing is tough, but not Gabe Wallace.
Wallace, a junior at Russellville High School, refused to become discouraged when the bites were few and far between for anglers competing in the Tim Horton High School Bass Anglers Challenge on Pickwick Lake A
pril 15. His persistence paid off and he won the senior division of the tournament that attracted student anglers from three states. The tournament was staged out of Riverfront Park.
Wallace was able to catch only two fish, but both were giants and his catch weighed 10.5 pounds. Andrew Chambers of Phillips High School in Bear Creek finished second in the senior division with 9.89 pounds. Levi Lamar of Hartselle High finished third with 8.39 pounds, Clayton Birdyshaw of Rogers High was third with 7.99 pounds with Briana Tucker of Hartselle rounding out the top five with 6.82 pounds.
“We had caught a lot of fish during practice on Friday and I thought we were really going to whack them in the tournament,” Wallace said. “But the fishing started out slow and got even slower during thetournament. I really didn’t think I would have a chance to win, but I never let it get me down. I kept fishing hard right up to the end.”
His catch was anchored by a largemouth bass that weighed 6.81 pounds, which was the largest fish weighed in by a senior division angler.
For winning the senior division, Wallace won a $3,000 scholarship to the college, university or technical school of his choice. He also won a $1,500 scholarship to Northwest-Shoals Community College for being the top angler in the senior division from Colbert, Franklin, Lauderdale or Lawrence counties. He won a $450 rod and reel for catching the largest bass in the senior division.
Matthew Chambers of Phillips High won the junior division with a 4.21 pounds catch. Laurel Fogle of Covenant Christian School in Muscle Shoals finished second with 3.63 pounds. Rounding out the top five in the junior division were J.O. Morgan of Phil Campbell with 3.15 pounds, Hunter Estis of Muscle Shoals with 2.57 pounds and Jackson Ferguson of Rogers with 2.11 pounds. Estis had big fish with 2.57 pounds.
Chambers was elated with the $3,000 scholarship he won for being the top angler in the junior division for students in grades 7-9. His brother Andrew won a $2,000 scholarship for finishing second in the senior division for students in grades 10-12. “This is going to help us a lot when we go to college,” Matthew Chambers said.
Since it began five years ago, the annual bass tournament that is organized by Colbert County Tourism and Convention Bureau, has awarded $100,000 in college scholarships. Susann Hamlin, president and CEO of Colbert Tourism, enjoys being a part of a tournament that helps students continue their education. “We have students tell us every year that they will now be able to go to college because they won one of our scholarships.”
Horton, a professional angler and outdoors television personality from Muscle Shoals, said he looks forward to the high school tournament every year. “For a kid who loves to fish, it’s a great way for them to help pay for their tuition,”
The students fish from boats piloted by an adult.
DOWNLOAD PDF FORMS HERE
Tournament Angler Registration Form - Tournament Boat Captain Form - Tournament Rules
Tim Horton, Briana Tucker, winner of the 2016 Timmy Horton Challenge, and Susann Hamlin, president and CEO of Colbert Tourism
SHEFFIELD, Ala. – A big change is coming for the Timmy Horton High School Bass Anglers Challenge fishing tournament, which has awarded $80,000 in college scholarships since 2013.
The senior division at this year’s Timmy Horton High School Bass Anglers Challenge on Pickwick Lake is open to students from throughout the United States in grades 10-12. In the past, the tournament has been limited to Alabama students. The junior division, for students in grades 7-9, at this year’s tournament remains limited to Alabama residents only. The tournament, on Saturday, April 15, will be staged out of Riverfront Park in Sheffield.
“I have had kids from all over the country asking me if they could fish the tournament,” said Horton, a professional angler and outdoors television personality from Muscle Shoals, Ala. “By opening up the senior division to students from other states, this year’s tournament is going to be huge. There’s no doubt it will be our largest ever.”
The tournament is organized by the Colbert County Tourism and Convention Bureau. Susann Hamlin, president and CEO of Colbert Tourism, said the influx of out-of-state anglers into the tournament will be a boom for tourism.
“We’ve had students and their parents from Illinois, Virginia, Mississippi, Tennessee and other states calling and emailing our office wanting us to expand the Timmy Horton tournament to student anglers from other states,” Hamlin said. “It seems like everybody wants to come fish for those big bass we have Pickwick Lake and have chance to win a college scholarship.”
The tournament offers $20,000 in college scholarships. The tournament is open to students in public, private and home schools.
Briana Tucker with the 7.71 pounds largemouth bass she caught during the Timmy Horton High School Bass Anglers Challenge on Pickwick
Prizes and scholarships will be awarded to the top five individual anglers in each division. In addition, prizes and scholarships to Northwest-Shoals Community College in Muscle Shoals will be awarded to the top anglers in the senior division who live in Colbert, Franklin Lauderdale or Lawrence counties in Alabama. Students do not have to be a member of a fishing team at their school to participate. Students will fish from boats operated by adult captains.
Highlights from the tournament will be televised nationally on World Fishing Network.
DOWNLOAD PDF FORMS HERE
Tournament Angler Registration Form - Tournament Boat Captain Form - Tournament Rules
Read more: Students can reel in scholarships on Pickwick Lake April 15
"We film only in public waters and my favorite thing to do is provide in depth information that will really help viewers catch more fish. I love to teach and share what I have learned over the years as a professional angler" - Timmy Horton