Acquisitions and Investments

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

ACR Electronics acquires Ocean Signal

Fort Lauderdale-based safety and survival technology manufacturer ACR Electronics announced today its acquisition of Ocean Signal Ltd., a British supplier of marine safety and survival equipment.

Brunswick buys Australian distributor

Brunswick Corp. said it acquired BLA, Australia’s largest provider of boating, lifestyle and adventure products, to help bolster the company’s marine parts and accessories business in the region.

Quantum Key West Race Week has new owner

The Storm Trysail Club reached an agreement to buy Quantum Key West Race Week from Premiere Racing, although the race will retain title sponsor Quantum Design Group.

KEP Marine has a new owner

Kessler-Ellis Products, or KEP Marine, was recently acquired by Sparton Corp. and its subsidiary Sparton IED LLC.

GE Capital survey shows increased sales optimism

Nearly 80 percent of marine industry participants expect sales to increase between 5 and 10 percent this year, according to survey results that GE Capital’s Commercial Distribution Finance division released Wednesday.

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