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4-Traders Homepage  >  Equities  >  Nyse  >  Brunswick Corporation    BC

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Brunswick Corporation : Brunswick Bowling & Billiards Buys eSkape Entertainment Center

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05/07/2013 | 06:51pm CET

Lake Forest, Ill., May 7, 2013 - Brunswick Bowling & Billiards, an industry leader in the bowling and family entertainment segment, today announced that an agreement has been signed to purchase eSkape Entertainment Center, located at 350 McHenry Road in Buffalo Grove, Ill.  The transaction is expected to close on May 31, 2013.

Immediately after acquiring eSkape Entertainment Center, Brunswick plans to close the doors to the public for a full remodel and will reopen in the fall of 2013 as an upscale bowling and entertainment center.

Bill Feldgreber, current managing partner for eSkape, will be named Brunswick's Director of Sales for the Illinois market upon closing of the transaction. Additional hiring for the new facility in Buffalo Grove will take place in late summer.

About Brunswick Bowling & Billiards.
Brunswick Bowling & Billiards, a division of Brunswick Corporation, is one of the largest operators of full-service bowling and family recreation centers in the world; is a full-line supplier of bowling equipment, supplies and consumer products; and designs billiards tables and accessories. Headquartered in Lake Forest, Ill., Brunswick Corporation (NYSE: BC) has been a leader in the recreation business for more than 165 years. For more information, visit www.BrunswickZone.com.

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Contact: Sue Schory
Phone: 847-735-4587
Email: Sue.Schory@brunbowl.com


HUG#1699765


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Financials ($)
Sales 2016 4 513 M
EBIT 2016 481 M
Net income 2016 317 M
Debt 2016 -
Yield 2016 0,95%
P/E ratio 2016 16,19
P/E ratio 2017 14,08
EV / Sales 2016 1,11x
EV / Sales 2017 1,04x
Capitalization 5 003 M
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Mean consensus OUTPERFORM
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Average target price 59,3 $
Spread / Average Target 6,3%
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Mark D. Schwabero Chairman & Chief Executive Officer
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