Brunswick Corporation Sells Albemarle Boats

The News & Observer reports North Carolina businessman Scott McLaughlin has purchased Albemarle Boats from Brunswick Corporation.

Albemarle is based in Edenton, North Carolina and builds sport fishing boats ranging from 24 feet to 41 feet in size.

While the economy has been tough on the boat market, McLaughlin says now is a “good time to acquire a boat manufacturer.” Details of the deal were not disclosed.

Source: The News & Observer

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