BNT sale, rumors and speculation
Brunswick still hasn’t sold its BNT electronics division, but a big reason it might want to raise cash is becoming more apparent. Ever since the stock price popped a bit on the late April announcement, it’s been downhill sledding. And yesterday was awful as BC announced “significant” retail sales declines and plans to reduce production. (Overall this is not a good sign for the economy, or my business, though, wow, BC’s big boats are still selling.)
Meanwhile the rumors about who would buy BNT have pretty much died down…but Northstar/Navman seems to be chugging along just fine. In fact, I’ve got two folders of really interesting screen shots to share in the near future, and BNT ME recently announced a big sale of 8000i gear to Viking Yachts. (Whose sales may be just fine, because…oh, I don’t know…we’re living in the Roaring 00’s?)
