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Brunswick Acquires Valley-Dynamo For $34.5 Million

Posted On: 6/10/2003

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LAKE FOREST, IL -- (Posted June 10) Brunswick Corp. (NYSE: BC) announced today that it has acquired the assets of Valley-Dynamo LP for $34.5 million from private investment firm Fenway Partners Inc. and an individual investor, each of which had owned 50 percent of the company. "Brunswick is the leader in the commercial and home billiards market," said Brunswick chairman and CEO George W. Buckley, "adding Valley-Dynamo, the leader in the coin-operated tables, to the Brunswick family provides us access to this attractive (coin-op) channel." John Stransky, president of Brunswick Billiards, added: "Valley-Dynamo enjoys huge brand equity in the markets it serves. These brands include Tornado, the leading foosball table, Valley pool tables and Dynamo pool, foosball and air hockey tables. The products are widely known by both amateur and professional pool, foosball and table hockey enthusiasts. Through such market leaders, Brunswick can continue to offer its brand promise of quality, customer service and playability." Valley-Dynamo, based in the Fort Worth, TX, will become a division of Brunswick Billiards. Headquartered in Lake Forest, IL, Brunswick Corp. makes such notable consumer brands as Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; Teignbridge propellers; MotoTron electronic controls; Northstar marine electronics; IDS dealer management systems; Sea Ray, Bayliner, Maxum, Hatteras, Meridian and Sealine pleasure boats; Baja high- performance boats; Boston Whaler and Trophy offshore fishing boats; Princecraft fishing, deck and pontoon boats; Life Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick bowling centers, equipment and consumer products; and Brunswick billiards tables.