Sale of Genmar assets is finalized

Genmar Holdings closed on the sale of its remaining boating-related assets and certain other non-core assets. Platinum Equity of Beverly Hills, Calif., now owns the Ranger, Stratos, Champion, Wellcraft, Four Winns and Glastron boat brands; manufacturing facilities and related operations in Flippin, Ark.; Cadillac, Mich.; and Murfreesboro, Tenn.; and certain transportation equipment and other real estate assets.