Marine Accessories Corp. said today that it acquired Marine Accessories B.V.
Acquisitions and Investments
Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
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.
T-H Marine Supplies acquired Tonka Customs LLC, which manufactured the Wave Tamer bow sonar mounts.
Gunboat International was sold at auction to GL Yachting USA and the sale is expected to close on Friday.
Anchor South Investments and its property management company Anchor South Management joined Dallas-based Suntex Marina Investors.
Johnson Outdoors acquired key assets of Northport Systems, specialists in the development and application of digital cartography technologies.
Wisconsin-based Dowco acquired Premier Plastics and Leisure Designs of Hoyt Lakes, Minn.
Volvo Penta signed an agreement to become the major shareholder of marine technology provider Humphree.
Lazy Days Marina on Lake Lanier in Georgia was sold to Westrec Marinas, which operates a marina adjacent to the facility.
Zodiac Nautic North America, a subsidiary of Zodiac Nautic, said it recently re-signed a five-year lease agreement for its North American headquarters to remain in Summerville, S.C.