Donovan Marine announces three acquisitions

Posted on

Donovan Marine said it acquired V&V Marine, Southern Marine and Houston Marine and opened distribution centers in Paducah, Ky., and Chicago.

The Louisiana-based marine supplier, which celebrated its centennial last year, said Southern Marine adds one of the strongest management teams in the industry to the company. The new management capacity allows the company to reorganize to increase efficiency and customer service while enabling it to better concentrate its efforts in each of its major market segments, Donovan said.

Separately, the company said Alden Heaphy will manage its saltwater division, Rick Willis will manage the freshwater division and Steve Garver will manage the commercial division.

Donovan said each division will make its own decisions, including product selection and sales and marketing strategies, while coordinating with the other groups, taking advantage of the company’s expertise, volume and efficiencies.

Donovan said it has more than 325 employees, 19 regional warehouses and a 35,000-item inventory.

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Is the decision to move the Miami show to the Miami Marine Stadium a good one?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password