Volvo Penta signed an agreement to become the major shareholder of marine technology provider Humphree.
Acquisitions and Investments
Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
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.
Robert E. Derecktor Inc., in partnership with Paul Derecktor and John Koenig, purchased Robinhood Marine Center in Georgetown, Maine.
Peer-to-peer boat rental company Boatbound recently relocated from San Francisco to Seattle.
Jeppesen, a part of Boeing Commercial Aviation Services, said it has an agreement to sell its marine business to Digital Marine Solutions.
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.
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.
Max Marine Products LLC acquired SuperMax Anchors from owner and inventor Andy Peabody.
It’s a Google dock — and this one in Nantucket, Mass., cost $4.75 million.