A new report about a fatal boat accident revealed that drugs and alcohol were on board the vessel allegedly steered by South Florida radio personality Lazaro Mendez, better known as DJ Laz.
Acquisitions and Investments
Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
EMC said today that it completed its acquisition of the Maritime Telecommunications Network.
Rambo Marine, which has locations in Huntsville and Birmingham, Ala., has a new owner in Atlanta-based OneWater Marine Holdings LLC.
Global alternative asset manager The Carlyle Group said it acquired the Lauderdale Marine Center, the nation’s largest yacht repair facility in terms of the number of large vessels it can haul and service.
The McMurdo Group said it unified its McMurdo, Kannad, Sarbe, Techno-Sciences and Boatracs brands into a unified McMurdo brand.
Maine-based Lyman-Morse Boatbuilding acquired Wayfarer Marine Corp., and renamed the boatyard in Camden, Maine, as Lyman-Morse at Wayfarer Marine.
Marine recreational product retailer Nautical Ventures Group purchased an additional property in North Palm Beach, Fla.
Correct Craft acquired the majority interest in Centurion Boats and Supreme Boats, the latest in a series of acquisitions for the Nautique parent company.
SkipperBud’s is opening a new location at MacRay Harbor on Lake St. Clair, the company’s fourth in eastern Michigan.
Atlanta-based OneWater Marine Holdings LLC acquired Captain’s Choice Marine on Lake Murray in Leesville, S.C. as it continues to increase its presence in the South.