Polaris completes purchase of pontoon maker
Polaris Industries Inc. has completed its largest acquisition ever, closing on the $805 million deal for pontoon maker Boat Holdings LLC. The move puts Polaris back into the water sports business, all be it with a much calmer product line than the jet-propelled water scooters the company stopped making 14 years ago. The 20-year-old Boat Holdings, which was privately held, makes 200 types of pontoon, deck and cruiser boats that sell under brand names such as Bennington, Godfrey, Hurricane and Rinker.
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