Polaris Industries Inc. Signs Definitive Agreement to Acquire Boat Holdings, LLC, the Leading Manufacturer of Pontoon Boats in the U.S.

MINNEAPOLIS–(BUSINESS WIRE)–Polaris Industries Inc. (NYSE: PII) (“Polaris”) announced today that it has signed a definitive agreement to acquire Boat Holdings, LLC (“Boat Holdings”), a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at a net present value (NPV) of approximately $805 million. Polaris also expects that approximately…

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