Polaris buys the biggest maker of pontoon boats for $805 million

Polaris Industries Inc., builder of vehicles for speed on the dirt, will go a bit slower on the water.

The Medina-based company on Wednesday announced it was buying Boat Holdings LLC, the nation’s biggest maker of pontoon boats, for $805 million, the largest acquisition by value in Polaris’ 64-year history.

http://www.startribune.com/polaris-enters-the-boat-industry-with-805-million-purchase-of-boat-holdings/484060761/