---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-010656"
form_type: "8-K"
ticker: "MPX"
cik: "0001129155"
company_name: "MARINE PRODUCTS CORP"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:17:21.494759+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Marine Products to be acquired by MasterCraft for ~$7.79/share; Q4 net sales up 35%

## Summary
- MasterCraft acquires Marine Products for $2.43 cash + 0.232 MCFT shares per MPX share, total ~$7.79/share.
- Transaction valued at ~$232.2M net of cash; implies ~7.2x expected EBITDA (adjusted for $6M cost savings).
- Pro forma combined net sales ~$560M, adjusted EBITDA ~$64M for 12 mo ending Jun 30, 2026; accretive to adj EPS in FY2027.
- Marine Products Q4 net sales $64.6M (+35% YoY); net income $2.4M (-45%); adj diluted EPS $0.10.
- Closing expected Q2 2026; LOR, Inc. (majority holder) agrees to vote in favor; MasterCraft CEO to lead combined company.

## SEC filing metadata
- accession: 0001104659-26-010656
- form_type: 8-K
- ticker: MPX
- cik: 0001129155
- company_name: MARINE PRODUCTS CORP
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1129155/000110465926010656/0001104659-26-010656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1129155/000110465926010656/tm265315d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-010656
- JSON: https://secwatch.observer/filing/0001104659-26-010656.json
- Plain text: https://secwatch.observer/filing/0001104659-26-010656.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.