LAKE FOREST, Ill., June 29 /PRNewswire/ -- Brunswick Corporation
(NYSE: BC) announced today that it has completed the sale of its Zebco
Division (North America) to privately-held W.C. Bradley Co. of Columbus, Ga.
Terms of the transaction were not disclosed.
"With the Zebco transaction, we have completed another important step in
the planned divestiture of our outdoor businesses," said George W. Buckley,
Brunswick's chairman and chief executive officer. "During the past year, we
have sold our bicycle, sleeping bag, camping equipment, Remington outdoor
apparel and Hoppe's shooting sports accessories businesses. The only
significant asset remaining to be sold is our cooler business, and we are
intently focused on completing that sale in the near future. By divesting
these businesses, we are better positioned to devote our full attention to
building our market-leading businesses in marine engines, pleasure boats,
fitness equipment, bowling and billiards."
The W.C. Bradley Co. has interests in many areas, including Char-Broil
and Thermos grills, specialty retailing, real estate development and the
manufacturing and marketing of other home and leisure lifestyle consumer
products.
Headquartered in Lake Forest, Ill., Brunswick Corporation is a marketer
and manufacturer of leading consumer brands including Mercury and Mariner
outboard engines; Mercury MerCruiser sterndrives and inboard engines; Sea
Ray, Bayliner and Maxum pleasure boats; Baja high-performance boats; Boston
Whaler and Trophy offshore fishing boats; Princecraft deck and pontoon boats; Life
Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick bowling
centers, equipment and consumer products; and Brunswick billiards tables.