Freedom boat club acquires rhode island franchise operation and territory accelerating its northeast expansion plans

Venice, fla., dec. 17, 2021 (globe newswire) -- freedom boat club, a brunswick corporation (nyse: bc) business, announced today that it has acquired the freedom boat club of rhode island franchise operation and territory. the acquisition includes all four current rhode island-based locations, as well as the rights to expand and build new club locations throughout rhode island. this action complements the recent freedom boat club acquisitions in the northeast , including the new york city / long island and connecticut territories. it furthers the company's plans to accelerate growth in tier one markets and leverage a consolidated footprint, creating regional super territories that provide operating efficiencies and enhance synergies for brunswick.  this transaction marks the fifth boat club acquisition made by brunswick in 2021.
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