Acquisitions and Investments

Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.

Dometic Group acquires Indiana manufacturer

The Swedish company Dometic Group bought Elkhart, Ind.-based Atwood Mobile Products LLC and is awaiting clearance to complete the purchase of Atwood’s Australian business, which is subject to regulator review.

Freedom Boat Club signs deal with Liberty Marine Group

The Freedom Boat Club signed a franchise agreement with the Liberty Marine Group to own and operate boat clubs in Miami and Fort Lauderdale, along with future locations slated for New Jersey, Virginia and North Carolina.

US Watercraft signs deal with PierVantage

Rhode Island-based designer and boatbuilder US Watercraft LLC chose PierVantage for Boat Builders to help manage the company’s brands, including Alerion Yachts, C&C Yachts, True North Yachts and Waterline Systems.

Scout Boats eyes building larger models

Scout Boats is looking to increase capacity to build bigger boats, but the brand is still committed to producing the 17-footers the company built its reputation on.

Bonnier acquires event producer

Bonnier Corp. acquired The Promotion Company-Family Events, a sporting event organizer and producer outside Indianapolis.

Taylor Made Systems invests in new equipment

Taylor Made Systems said it received corporate approval to further expand its glass-manufacturing capabilities by making an investment in a high-throughput horizontal glass furnace.

SureShade gains patent for canopy system

SureShade said it received a new “notice of allowance” from the U.S. Patent and Trademark Office for its “manually operated boat canopy system” that is marketed in the recreational boating industry as the SureShade MTF retractable boat shade.

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