Acquisitions and Investments

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

Godfrey Marine sells Polar Kraft Boats

Godfrey Marine said it completed the sale of the brand and certain assets and liabilities of Polar Kraft aluminum fishing boats, which is located in Syracuse, Ind.

Hobie Cat reunites under one California owner

More than 40 years after a corporate separation splintered the Hobie brand among three entities, Hobie Cat Co. said it reunited all facets of the watersports brand under one ownership.

Gunboat president resigns as auction nears

North Carolina-based Gunboat International Ltd. will be sold at auction as a single lot to bidders, according to an amended motion filed in bankruptcy court on Tuesday.

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