PRESS RELEASE: CENTURION BOATS AND SUPREME BOATS JOIN THE CORRECT CRAFT FAMILY

[duramat 462]

I think Durmat has been already reported to Nautique for Negativity. Told he needs a special warranty on anything he purchases. The short version!

 

LOL! Just teasing there Dura.

LOL

 

"Before we acquire your company Mr Lee...is there anything we need to be aware of so we're not taken by surprise?- CEO of CC

 

"Well....we hosed this this new boat owner and gave him the run around trying to save money and left him high and dry on a 3 year warranty that came in his owners packet and told him it was only good for 1 year. He's been a pain in our a$$ and has nothing good to say about the warranty dept or the person that was in charge and since then has been very skeptical our handlings on public forums. If you could make him happy that would be a good thing because we failed?" Other than that......where do I sign on the dotted line? - Mr. Lee

 

I wouldn't doubt it LOL

 

Have to find humor where it can be found otherwise life would suck...

 

[DrNate 426]

Wait, so I own a Nautique now?

 

LOL

[Carter13 69]

Wait, so I own a Nautique now?

 

LOL

 

I know you had it for sale a while back but you might hold on a few years to sell because the prices are going to soar with the economy going strong.

 

a 2015 RZ2 this year locally is selling for $91 and change and that is without an AVX like mine. Ours is a 2012 and got it used in Dec of 13 which I paid almost $30,000 less with 32 hours use.

 

Watch out everyone because these boats are already out priced for the blue collar worker and are only getting more obscene price wise.

[boatnut 230]

Cater hit the nail on the head... Price beyond most blue collar workers......I can tell you right now, if and when I do sell this boat, it will be my last tournament boat, out comes my sailboat lol

[Stretch 409]

Not like I'm going to be able to afford a 2016 boat for 10 more years anyway so \_(ツ)_/

Edited June 12, 2015 by Stretch

[RhuntIII 555]

LOL

 

"Before we acquire your company Mr Lee...is there anything we need to be aware of so we're not taken by surprise?- CEO of CC

 

"Well....we hosed this this new boat owner and gave him the run around trying to save money and left him high and dry on a 3 year warranty that came in his owners packet and told him it was only good for 1 year. He's been a pain in our a$$ and has nothing good to say about the warranty dept or the person that was in charge and since then has been very skeptical our handlings on public forums. If you could make him happy that would be a good thing because we failed?" Other than that......where do I sign on the dotted line? - Mr. Lee

 

I wouldn't doubt it LOL

 

Have to find humor where it can be found otherwise life would suck...

 

Well said Dura, well said.

[adambomb2000 35]

Amen to that Carter. Up here in Canada, MSRP on a optioned out Tigé ASR is something like $160k!!! I realize you don't usually MSRP but still that is ludicrous...

[SkiSafe 2]

Congratulations to the expanding Correct Craft family as they welcome Centurion and Supreme boats! Boat owners will benefit from combined design and technology advancements as the brands grow and evolve, and we all look forward to the exciting future growth!

 

http://www.boatingindustry.com/news/2015/06/12/correct-craft-acquires-centurion-supreme-boats/

 

[Kevin Baugh 78]

LOL

 

"Before we acquire your company Mr Lee...is there anything we need to be aware of so we're not taken by surprise?- CEO of CC

 

"Well....we hosed this this new boat owner and gave him the run around trying to save money and left him high and dry on a 3 year warranty that came in his owners packet and told him it was only good for 1 year. He's been a pain in our a$$ and has nothing good to say about the warranty dept or the person that was in charge and since then has been very skeptical our handlings on public forums. If you could make him happy that would be a good thing because we failed?" Other than that......where do I sign on the dotted line? - Mr. Lee

 

I wouldn't doubt it LOL

 

Have to find humor where it can be found otherwise life would suck...

 

I heard Shell is the new CUSTOMER SERVICE/PART SALES/WARRANTY ADMIN for the entire Correct Craft family of companies..........

[Kevin Baugh 78]

Or not

[Nick213 583]

LMAO

[Bongo Fury 640]

Okay...so June 9th Nautique announces an $8M expansion of their Orlando world headquarters then on June 11th they announce they have purchased Centurion and Supreme. Consolidation and economy of scale on the horizon? Again...hoping this works out for everyone most importantly the people who work at Fineline. I can see a vastly imporoved dealer network, but wonder at what cost.

 

http://www.planetnautique.com/vb5/forum/nautique-topics/news-articles/462578-nautique-begins-expansion

[DarksideR 1,679]

Hmmm. Now I'm wondering how much they paid for Finelines properties.

[boatnut 230]

Okay...so June 9th Nautique announces an $8M expansion of their Orlando world headquarters then on June 11th they announce they have purchased Centurion and Supreme. Consolidation and economy of scale on the horizon? Again...hoping this works out for everyone most importantly the people who work at Fineline. I can see a vastly imporoved dealer network, but wonder at what cost.

 

http://www.planetnautique.com/vb5/forum/nautique-topics/news-articles/462578-nautique-begins-expansion

Kinda makes you wonder how much they are making per boat eh, if they can build a facilty like they have and PCM, and now fineline, ???

[CenturionSkier 43]

Or perhaps, how much the investor that owns Correct Craft Holdings has to spend of his own money as an investment. I really doubt that Nautique Boat Company has made that much money. That is how investors and investment companies work. Invest and then use the profits to grow their own wealth.

[duramat 462]

Or perhaps, how much the investor that owns Correct Craft Holdings has to spend of his own money as an investment. I really doubt that Nautique Boat Company has made that much money. That is how investors and investment companies work. Invest and then use the profits to grow their own wealth.

I think I remember Kevin mentioning on a thread you know how to make a million dollars in the boat business? You start of with 2 Million...

[Kevin Baugh 78]

You got that right!

[poidog1 74]

If you can't beat um, join um!! I have a feeling not much will change on the Centurion side for a while. Company will stay intact but upper management will be canned. Probably not likely that any designers or engineers will be quitting and moving to another company down the street anytime soon. Might see the Nautique surf system on a centurion and supreme sooner then later which will be a good thing. All Nautiques are out of the range of the blue collar guys like Carter said. Centurions and Supreme are cheaper as long as you're not looking at the FS series. Can't wait to see what kind of boat these 2 companies put together.

[DarksideR 1,679]

I definitely see a gain for all the brands in acquiring all the add-on patents. Would be really cool if you could pick and choose options from each.

"Yeah, I'd like the S226 with Cats, pro vision touchscreen, and NSS with the Maximus tower!"

Doubt this will happen though.

[Kevin Baugh 78]

'Company will stay intact but upper management will be canned'

I have been through several buy out / mergers Upper management has always been protected for at least a negotiated period of time.

Then if they continue to make money they will be safe if profits take a nose dive upper management will be gone, gone, gone this is just from my experience.

From what I have heard the CC owner leaves the holdings alone to do there thing there are many ways that Centurion / Supreme can benefit form the purchase!

Edited June 16, 2015 by Kevin Baugh