Acquisitions and Investments

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

Aere Docking Solutions signs deal with Fjord

Fjord, manufacturer of the Chafe-Pro line of removable chafe-abrasion protection, announced a partnership with Aere Docking Solutions, the maker of Aere inflatable fenders and Fenda-Sox marine covers, to handle exclusive distribution of its select chafe-abrasion products in the market under the Fenda-Sox brand.

Glasstream Powerboats buys facility in Alabama

A.L. Kirkland, founder of Florida-based Glasstream Powerboats, said the company acquired a manufacturing facility in Dothan, Ala., to build its family-focused performance center console boats.

Beneteau Group acquires Rec Boat Holdings

The Beneteau Group announced it bought Rec Boat Holdings, a group of U.S. brands owned by Platinum Equity Group, which includes Michigan-based Four Winns, Glastron, Wellcraft and Scarab.

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