$BC (Brunswick Corporation)

$BC {{ '2016-01-21T10:50:33+0000' | timeago}} • Announcement

Billiards table maker $BC said it has acquired Cybex International, a fitness equipment maker, for $195MM. Cybex will join $BC's Life Fitness Division. $BC expects Cybex to add $0.08 to EPS in 2016, bringing adjusted EPS to $3.35-3.50. By 2018, Cybex will add an incremental $0.20 to EPS, which raises targeted adjusted EPS to $4.55-4.95.

$BC {{ '2017-07-20T12:51:07+0000' | timeago}} • Announcement

$BC agreed to buy Lankhorst Taselaar, a marine parts and accessories distribution company based in the Netherlands and Germany, for undisclosed terms. Upon completion of this deal, Lankhorst Taselaar will be integrated into Mercury Marine to augment the engine maker's strong and growing P&A business in Europe. The transaction will close in 3Q17.

$BC {{ '2017-07-18T14:27:20+0000' | timeago}} • Announcement

The BoD of $BC declared a quarterly dividend on its common stock of $0.165 per share. The dividend is payable on Sept. 15, 2017, to shareholders of record on Aug. 22, 2017.

$BC {{ '2017-05-31T19:44:02+0000' | timeago}} • Announcement

Brunswick Dealer Advantage, the dealer service team of $BC, has entered into a partnership with BOATERexam.com to offer exclusive discounts on online boating courses for their dealers in Canada. As per the deal, Brunswick dealers will get a 50% discount on the services of BOATERexam.com.

$BC {{ '2017-05-24T14:48:56+0000' | timeago}} • Announcement

$BC's dealer services team, Brunswick Dealer Advantage (BDA) said it has partnered with BOATERexam.com to offer exclusive discounts on online boating education for their dealers in Canada. $BC dealers will now be able to access a 50% discount on BOATERexam.com, Canada's best online boater education and certification course.

$BC {{ '2017-05-03T16:16:49+0000' | timeago}} • Announcement

The board of directors of $BC declared a quarterly dividend on its common stock of $0.165 per share, payable on June 15, 2017, to shareholders of record on May 23, 2017.

$BC {{ '2017-03-28T17:40:23+0000' | timeago}} • Announcement

$BC said it will soon open the Brunswick Innovation Laboratory in the Research Park at the University of Illinois at Urbana-Champaign. This newly established research arm for $BC will be under the direction of Troy Kollmann, who was formerly manager, innovation processes and emerging technologies, at $BC's Mercury Marine division.

$BC {{ '2017-03-28T13:43:31+0000' | timeago}} • Announcement

$BC announced it will soon open the Brunswick Innovation Laboratory in the Research Park at the University of Illinois at Urbana-Champaign. This newly established research arm for Brunswick will be under the direction of Troy Kollmann, who was formerly manager, innovation processes and emerging technologies, at Brunswick's Mercury Marine division.

$BC {{ '2017-03-23T17:16:55+0000' | timeago}} • Announcement

$BC said it will immediately begin to wind down boat manufacturing operations in Joinville, Santa Catarina, Brazil, as it prepares to close the facility.  The operation makes certain Bayliner and Sea Ray boat models for South American market. Moving forward, this demand will be fulfilled through $BC's balance global boat manufacturing footprint.

$BC {{ '2017-02-16T18:28:02+0000' | timeago}} • Announcement

$BC's BoD declared a quarterly dividend on its common stock of $0.165 per share. The dividend will be payable on March 15, 2017, to shareholders of record on Feb. 28, 2017.

$BC {{ '2017-01-18T16:26:01+0000' | timeago}} • Announcement

$BC appointed Jaime Irick as president of the Fitness Division, reporting to Chairman and CEO Mark Schwabero. Irick will succeed Christopher Clawson, president, Life Fitness, who is leaving the company. The appointment is effective immediately.

$BC {{ '2017-01-03T13:14:51+0000' | timeago}} • Announcement

Mercury Marine, a division of $BC, entered into an exclusive distribution agreement with Supratechnic Pte Ltd. This strategic partnership will allow Mercury to expand and build a regional distribution channel in Southeast Asia that will include all of Malaysia, Indonesia, Singapore, and Brunei.

$BC {{ '2016-12-12T14:10:04+0000' | timeago}} • Announcement

$BC said The Brunswick Boat Group, a part of $BC has realigned the management structure at its Recreational Boat Group. As part of the realignment, Tim Schiek & Scott Kent are leaving the company. Respectively, they had served as President, Recreational Boat Group, & CFO, Recreational Boat Group. $BG added none of these positions will be replaced.

$BC {{ '2016-10-18T18:03:14+0000' | timeago}} • Announcement

$BC's BoD declared a quarterly dividend of $0.165 per common share, which reflects a 10% increase from prior dividend level of $0.15 per share. The dividend will be payable on Dec. 15, 2016 to shareholders of record on Nov. 22, 2016.

$BC {{ '2016-10-14T15:42:05+0000' | timeago}} • Announcement

Brunswick Commercial & Government Products (BCGP), a $BC company, said it recently received multi-year, multi-unit contract valued at $72MM. The contract is for Boston Whaler Justice boats.

$BC {{ '2016-09-01T11:47:06+0000' | timeago}} • Announcement

Recreation products designer $BC said it has completed the acquisition of Nuremburg, Germany-based indoor cycling equipment maker, Indoor Cycling Group (ICG). ICG is now part of Life Fitness, a unit of $BC. Terms of the transaction were not disclosed. The acquisition will have minimal impact on company's 2016 results.

$BC {{ '2016-08-11T12:14:46+0000' | timeago}} • Announcement

Recreation products maker $BC said it promoted Phillip Haan to Vice President of Investor Relations, succeeding Bruce Byots, who is retiring from the company. Haan's appointment is effective Aug. 31, 2016 and he will report to CFO William Metzger.

$BC {{ '2016-07-29T07:08:24+0000' | timeago}} • Announcement

$BC said it agreed to buy Indoor Cycling Group (ICG), which specializing in the design of indoor cycling equipment, for undisclosed terms. ICG is based in Nuremburg, Germany. ICG will have minimal impact upon $BC's 2016 results.

$BC {{ '2016-07-19T17:42:30+0000' | timeago}} • Announcement

$BC said its BoD declared a regular quarterly dividend of $0.15 per share on its common stock. The dividend is payable on Aug. 23, 2016 to shareholders of record on Sept. 15, 2016. In October 2015, $BC increased the dividend by 20%.

$BC {{ '2016-07-05T19:51:33+0000' | timeago}} • Announcement

$BC said Thunder Jet will remain based in Clarkston, Washington. The Thunder Jet acquisition is expected to have minimal impact upon $BC's 2016 earnings. $BC CEO Mark Schwabero said he sees opportunities from this acquisition to grow revenues in the company's boat and marine engine segments, including its parts and accessories businesses.

$BC {{ '2016-07-05T19:49:34+0000' | timeago}} • Announcement

$BC said it has purchased Thunder Jet, a designer and builder of heavy-gauge aluminum (HGA) boats, for undisclosed terms. Thunder Jet's 2015 revenues were about $20MM. Thunder Jet will operate as a key part of the Freshwater Boat division of the Brunswick Boat Group (BBG), adding breadth and depth to BBG's overall product portfolio.

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