Acquisitions and Investments

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

Action Craft Boats touts growth under new owners

Action Craft Boats is reflecting on four years under new ownership, a period in which the Florida-based company said it added a second manufacturing facility and 12 models to the lineup and seen double-digit growth in each year.

SkipperBud’s acquires Wisconsin service center

SkipperBud’s purchased a 10,000-square-foot service center in Pewaukee, Wis., that features six service bays, a parts department, a customer waiting lounge and parking for customer walk‐ins and boat drop‐offs.

The Gunboat 55, shown here, will be produced by Grand Large Yachts after the sale is finalized.

New Gunboat owner commits to U.S. presence

Grand Large Yachts bought Gunboat International for $910,000 in cash and has committed to continue the brand and to have a U.S. presence, although it is not clear whether the company will continue its operations in Wanchese, N.C.

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