CORRECT CRAFT ACQUIRES BRYANT BOATS

HortonHorton Posts: 23,517 Administrator

CCBORLANDO, FL (January 9, 2017) — Today Correct Craft, owner of several of the industry’s top boat brands, announced its newest acquisition, Bryant Boats.

Bryant Boats is a respected high quality boat brand built in Sweetwater, Tennessee. With an already high appeal regionally, Bryant is well positioned for further national and global growth.

Previous Bryant owner and respected industry veteran, John Dorton, will remain at Bryant as both President and a minority shareholder. Dorton has one of the best track records in the boating industry and is highly respected for both his work leading MasterCraft through many years of explosive growth and serving leadership roles on various boating industry boards.

Dorton stated, “I am happy to continue leading Bryant into the future. We are all excited about the possibilities for growing Bryant significantly and globally in the years ahead.” “I also look forward to joining the Correct Craft family and working with both Bill and his team; our cultures are aligned and I believe we will be able to achieve great things together,” added Dorton.

Bill Yeargin, Correct Craft CEO, commented, “I could not be happier to announce the acquisition of Bryant Boats. We believe Bryant is an excellent brand with tremendous global potential.” Yeargin added, “I am also very excited to have a respected leader like John Dorton joining our team. As someone who competed against John for many years I know he is not only one of the top leaders in our industry but also someone whom I tremendously respect. We have a bright future together!”

About Bryant Boats: Since 1960, Bryant Boats, a subsidiary of Correct Craft, has been operated by some of the industry’s most renowned builders and designers. Located in Sweetwater, Tennessee, Bryant produces stern drive runabouts ranging in length from 19-27 feet using 100% hand-laid fiberglass and wood-free construction designed for discerning and value-conscious boaters. For more information please visit www.bryantboats.com.

About Correct Craft: Celebrating 92 years of excellence in the marine industry, Correct Craft is a Florida-based company with global operations. The Correct Craft family includes Nautique, Centurion, Supreme, Bass Cat, Yar-Craft, SeaArk, and Bryant boat companies, Pleasurecraft Marine Engine Group, and Aktion Parks. For more information please visit www.correctcraft.com.

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