{"id":781756,"date":"2023-09-05T06:11:31","date_gmt":"2023-09-05T10:11:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brunswick-corporation-announces-the-acquisition-of-fliteboard\/"},"modified":"2023-09-05T06:11:31","modified_gmt":"2023-09-05T10:11:31","slug":"brunswick-corporation-announces-the-acquisition-of-fliteboard","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brunswick-corporation-announces-the-acquisition-of-fliteboard\/","title":{"rendered":"Brunswick Corporation announces the acquisition of Fliteboard"},"content":{"rendered":"<div class=\"mw_release\">\n<p>METTAWA, Ill., Sept.  05, 2023  (GLOBE NEWSWIRE) &#8212; Brunswick Corporation (NYSE: BC) today announced the acquisition of Fliteboard, a leader in eFoiling technology, that will further enhance the Company\u2019s industry-leading electrification and shared-access strategies. Fliteboard, which combines advanced hydrofoils and electric propulsion on the water, allows Brunswick to enter the emerging, electric-foiling surfboard market and presents the opportunity for technological, manufacturing, commercial, and consumer synergies with the existing Brunswick portfolio. Fliteboard will operate as a business within Mercury Marine.<\/p>\n<p>\u201cFliteboard&#8217;s exceptional brand appeal and its advanced eFoiling technology align with our ACES strategy, and we are excited to bring the Fliteboard team into the Brunswick family\u201d said Dave Foulkes, Brunswick Corporation CEO. \u201cFliteboard will allow us to engage with a new wave of customers who will also have the ability to enjoy the entire portfolio of Brunswick products and services over time.\u201d<\/p>\n<p>\u201cWe have long respected Brunswick\u2019s leadership position in the recreational marine market, and this announcement enables us to further enhance Fliteboard\u2019s products and customer experience,\u201d said David Trewern, founder, and CEO of Fliteboard. \u201cThis union of substantial resources including the growth opportunities within Brunswick with Fliteboard&#8217;s ground-breaking ethos and designs will allow us to amplify our reach to new markets around the world.\u201d<\/p>\n<p>Fliteboard, established in 2016, has customers in more than 90 countries who enjoy its products in the Mediterranean and Caribbean, as well as the lakes and rivers of the U.S. and Europe, beaches of Australia, and waterways of Dubai. Fliteboard has won more than a dozen, major awards including a Red Dot Best of the Best award (for product design) and Good Design Gold Award, among others.<\/p>\n<p>\u201cFliteboard\u2019s dedication to inspire and enable the world to \u2018Take Flite\u2019 is a perfect fit for our Next Never Rests mentality,\u201d said Foulkes. \u201cWe have an opportunity to scale manufacturing and distribution and, over time, begin aligning sub-systems with our Avator electric outboard product line as we attract a new generation to electric mobility on the water.\u201d<\/p>\n<p>Members of the media can access a Fliteboard photo and video gallery here: <a href=\"https:\/\/protect-usb.mimecast.com\/s\/rjz8C3YxorFxrpOmhgANR-?domain=dropbox.com\" rel=\"nofollow noopener\" target=\"_blank\"><u>(LINK)<\/u><\/a><\/p>\n<p>\n        <strong>ABOUT BRUNSWICK<\/strong>\n      <\/p>\n<p>Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that \u201cNext Never Rests\u2122\u201d. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick\u2019s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts &amp; Accessories, Land \u2018N\u2019 Sea, Lowrance, Simrad, B&amp;G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications. Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World\u2019s Best Employer and as one of America\u2019s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit\u00a0<a href=\"https:\/\/www.brunswick.com\/news\/press-releases\/detail\/789\/Brunswick.com\" rel=\"nofollow noopener\" target=\"_blank\"><u>Brunswick.com<\/u><\/a>.<\/p>\n<p>\n        <strong>ABOUT FLITEBOARD<\/strong>\n      <\/p>\n<p>Founded by David Trewern, Fliteboard is a leading pioneer in the eFoiling industry, transforming the way people experience water sports worldwide. Originating from Byron Bay, Australia, Fliteboard has been fusing innovative technology with sustainable practices since its inception, crafting a unique blend of thrill, tranquillity, and minimal environmental impact. The company&#8217;s flagship product, the Fliteboard, has propelled it to global recognition, offering a seamless, motorized surfing experience over water without the need for waves. Fliteboard&#8217;s unwavering commitment to excellence and innovation has continually set new standards in the eFoiling industry. As a brand, Fliteboard epitomizes performance, innovation, design and customer community. Fliteboard has a strong global presence, expanding the joy of eFoiling to enthusiasts across continents and oceans.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxNjEwNSM1Nzk3MjcwIzIwMDU0MzM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTFiZjVhZjAtYWY2MC00ZDJiLTkwYmEtNzcxNThhNzRiZmMzLTEwMTcwMDY=\/tiny\/Brunswick-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Lee\r\nGordon \u2014\r\nVice President \u2013 Corporate Communications, Public Relations &amp; Public Affairs\r\nM: (904) 860-8848 | O: (847) 735-4003\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>METTAWA, Ill., Sept. 05, 2023 (GLOBE NEWSWIRE) &#8212; Brunswick Corporation (NYSE: BC) today announced the acquisition of Fliteboard, a leader in eFoiling technology, that will further enhance the Company\u2019s industry-leading electrification and shared-access strategies. Fliteboard, which combines advanced hydrofoils and electric propulsion on the water, allows Brunswick to enter the emerging, electric-foiling surfboard market and presents the opportunity for technological, manufacturing, commercial, and consumer synergies with the existing Brunswick portfolio. Fliteboard will operate as a business within Mercury Marine. \u201cFliteboard&#8217;s exceptional brand appeal and its advanced eFoiling technology align with our ACES strategy, and we are excited to bring the Fliteboard team into the Brunswick family\u201d said Dave Foulkes, Brunswick Corporation CEO. \u201cFliteboard will allow us to engage with a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brunswick-corporation-announces-the-acquisition-of-fliteboard\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Brunswick Corporation announces the acquisition of Fliteboard&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781756","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brunswick Corporation announces the acquisition of Fliteboard - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brunswick-corporation-announces-the-acquisition-of-fliteboard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brunswick Corporation announces the acquisition of Fliteboard - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"METTAWA, Ill., Sept. 05, 2023 (GLOBE NEWSWIRE) &#8212; Brunswick Corporation (NYSE: BC) today announced the acquisition of Fliteboard, a leader in eFoiling technology, that will further enhance the Company\u2019s industry-leading electrification and shared-access strategies. Fliteboard, which combines advanced hydrofoils and electric propulsion on the water, allows Brunswick to enter the emerging, electric-foiling surfboard market and presents the opportunity for technological, manufacturing, commercial, and consumer synergies with the existing Brunswick portfolio. Fliteboard will operate as a business within Mercury Marine. \u201cFliteboard&#8217;s exceptional brand appeal and its advanced eFoiling technology align with our ACES strategy, and we are excited to bring the Fliteboard team into the Brunswick family\u201d said Dave Foulkes, Brunswick Corporation CEO. \u201cFliteboard will allow us to engage with a &hellip; Continue reading &quot;Brunswick Corporation announces the acquisition of Fliteboard&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/brunswick-corporation-announces-the-acquisition-of-fliteboard\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-05T10:11:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxNjEwNSM1Nzk3MjcwIzIwMDU0MzM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brunswick-corporation-announces-the-acquisition-of-fliteboard\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brunswick-corporation-announces-the-acquisition-of-fliteboard\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Brunswick Corporation announces the acquisition of Fliteboard\",\"datePublished\":\"2023-09-05T10:11:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brunswick-corporation-announces-the-acquisition-of-fliteboard\\\/\"},\"wordCount\":721,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brunswick-corporation-announces-the-acquisition-of-fliteboard\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkxNjEwNSM1Nzk3MjcwIzIwMDU0MzM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brunswick-corporation-announces-the-acquisition-of-fliteboard\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brunswick-corporation-announces-the-acquisition-of-fliteboard\\\/\",\"name\":\"Brunswick Corporation announces the acquisition of Fliteboard - 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