Brunswick Corporation announced that it has acquired Cybex International Inc. for $195 million, subject to a working capital adjustment. Cybex will join Brunswick's Life Fitness Division's portfolio of leading brands. In 2016, the Company believes the acquisition will contribute net benefits of $0.08 to earnings per share, excluding planned restructuring and integration costs.

Including the impact of this transaction, Brunswick's current expectation for 2016 EPS is now in the range of $3.35 to $3.50, as adjusted. This is based on a current estimate of 2015 results that exceeds the Company's previous EPS guidance. By 2018, the final year of Brunswick's current three-year plan, this acquisition will contribute an incremental $0.20 earnings per share, excluding planned restructuring and integration costs, which increases Brunswick's targeted EPS range, as adjusted, to $4.55 to $4.95.