BC - Brunswick buys eFoiling technology company-Fliteboard

2023-09-05 06:33:08 ET

Brunswick ( NYSE: BC ) acquires Fliteboard, an eFoiling technology provider, that will further enhance the company’s industry-leading electrification and shared-access strategies.

Fliteboard combines advanced hydrofoils and electric propulsion on the water, allowing Brunswick ( BC ) to enter the emerging, electric-foiling surfboard market and presents the opportunity for technological, manufacturing, commercial, and consumer synergies with the existing Brunswick portfolio.

Fliteboard will operate as a business within Mercury Marine.

David Trewern, founder, and CEO of Fliteboard commented, “This union of substantial resources including the growth opportunities within Brunswick with Fliteboard's ground-breaking ethos and designs will allow us to amplify our reach to new markets around the world.”

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