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Correct Craft Acquires SeaArk Boats

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  • Correct Craft Acquires SeaArk Boats

    Official Correct Craft Press Release:
    Orlando, FL (May 16, 2016) - Today Correct Craft announced it is entering the aluminum fishing boat market with the acquisition of SeaArk Boats. SeaArk – the industry’s premier aluminum fishing boat – is the quality leader in their segment with both outstanding product and customer service reputations. Correct Craft announced it plans to continue manufacturing SeaArk at its facility in Monticello, Arkansas.

    SeaArk Boats’ prior owner and member of its founding family, Robin McClendon stated, “After fifty-eight years in the marine industry, it is a bitter-sweet decision for the McClendon family to exit the recreational boat building business, but we believe that we have found the right owner in Correct Craft. SeaArk Boats is successful today because of the many dedicated and talented team members who have worked hard to help our company thrive. I am very grateful to have worked alongside these people and I know that our team members, as well as our legacy, are in good hands with the Correct Craft team!”

    Correct Craft’s President and CEO Bill Yeargin stated, “SeaArk Boats is an outstanding company with a strong brand, great reputation, and exceptional team; we could not be happier to have them joining the Correct Craft family.” Yeargin added, “The McClendon family have done a wonderful job for decades and we are honored that they would trust their brand, legacy, and employees to Correct Craft. We are thrilled to work together with the SeaArk team in Monticello to continue to grow the company.”

    About SeaArk Boats: With over 58 years of experience in boat building, SeaArk Boats (owned by Correct Craft) is the industry’s premier aluminum fishing boat known for outstanding product quality and excellent customer service. Mostly known for heavy-duty aluminum boats built specifically for cat-fishing, SeaArk also builds bass- and crappie-fishing boats, jon boats, duck boats, and bay boats, offering a wide variety of tunnel and jet tunnel hulls. For more information visit www.seaarkboats.com.

    About Correct Craft: Celebrating 91 years of excellence in the marine industry, Correct Craft is a Florida-based company with global operations. The Correct Craft family includes Nautique, Centurion, Supreme, Bass Cat, Yar-Craft, and SeaArk boat companies, Pleasurecraft Marine Engine Group, and Aktion Parks. For more information please visit www.correctcraft.com.

    Current Boats —> 2019 Super Air Nautique G23 -- 2001 Sport Nautique -- 1981 Fish Nautique (TWIN ENGINE)
    Former Boats —>. 2018 Super Air Nautique G23 -- 2017 Super Air Nautique G23, 2016 Super Air Nautique G23 -- 2015 Super Air Nautique G23 -- 2014 Super Air Nautique G232013 Super Air Nautique G232012 Super Air Nautique 210 Team Edition2011 Super Air Nautique 210 Team Edition2010 Super Air Nautique 210 Team Edition2008 Super Air Nautique 230 Team Edition2007 Air Nautique 236 Team Edition2003 Super Air Nautique 210 Team Edition1998 Ski Nautique -- 1997 Ski Nautique -- 1994 Ski Nautique -- 1981 Fish Nautique (SINGLE ENGINE)

    Need something for your boat? Please check out our site sponsors! Not only do they offer the best products available, they also support this site.
    NautiqueParts.com - Roswell Marine - SeaDek Marine Products - O'Brien Watersports - Delta Propellers - SkiSafe - Xtreme Heaters -- PCM Marine Engines -- PerfectPass - C&S Marine - SkySkiTouchless Boat Cover

  • #2
    Looks to me like they are preparing for an IPO.
    Current: 2017 G23
    Previous: 2012 210 TE (former PN boat), 2005 210 TE, 2001 X-Star

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    • #3
      Certainly are expanding the product portfolio, some smart money behind CC!
      2008 230 TE-ZR6
      1999 Pro Air Python-sold and moved away :-(

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      • #4
        I forsee an aluminum wakeboarding boat from CC in the near future. Maybe they're going to Acquire Pavati next!
        2007 SANTE 220 - ZR 6 Engine (Bought 2015)
        1999 Supra Launch (Bought in 2013)
        1987 Supra Marauder - 454 big block (Bought in 2000 - Sold 2015)

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        • #5
          Hmm, I'm thinking next is a Pontoon brand, maybe a top end "bow rider" brand...
          Let's recap;

          Premium wake/ski brand-yep Nautique
          Medium wake/ski brand-yep Centurion
          Entry wake/surf brand-yep Supreme
          Powerplants for them all-PCM

          Fiberglass premium bass boats-BassCat
          Fiberglass entry bass boats-YarCraft
          Aluminum fish/jon/commercial-SeaArk

          Crusader power for blue water.

          Action water parks for gaining customers for the above...

          hmmm
          2008 230 TE-ZR6
          1999 Pro Air Python-sold and moved away :-(

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          • #6
            I just hope they are not getting too leveraged to make these acquisitions. Boat market goes in the tank first and recovers last with economic downturn. They are highly concentrated obviously. Hope they are being wise about it

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