MasterCraft Boat Holdings, Inc. completed the acquisition of Marine Products Corporation on May 15, 2026. Marine Products shareholders received $2.43 in cash and 0.232 shares of MasterCraft common stock for each share held. The transaction expands MasterCraft's portfolio to five brands: MasterCraft, Crest, Balise, Chaparral, and Robalo. The MasterCraft Board of Directors has been expanded from seven to ten members to include three new designees. Marine Products common stock has ceased trading on the New York Stock Exchange.