MasterCraft sells Merritt Island plant to Regal Boats parent for $26.5M

MasterCraft Boat Holdings, Inc.

Agreement to sell Merritt Island, FL manufacturing facility to RMI Holdings (Regal Boats parent) for $26.5 million.
Closing expected in December 2024, fiscal Q2, subject to customary conditions.
Property previously held for sale after transfer of Aviara brand rights to third party.
Proceeds to strengthen balance sheet and support MasterCraft, Crest, and Balise brand investments.

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