Acquisitions and Investments

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

Ameritex Fabric Systems will move to new Indiana facility

Ameritex Fabric Systems, a member of the Taylor Made Group, is doubling the size of its regional production space in an expansion geared to better serve the large number of pontoon and sportboat manufacturers in the upper Midwest.

Power Products acquires Blue Sea Systems

Power Products LLC acquired Blue Sea Systems, a company that designs and manufactures products for marine and specialty vehicle electrical systems, including circuit protection, battery switches, busbars, power distribution panels and battery chargers.

Dometic Group acquires Indiana manufacturer

The Swedish company Dometic Group bought Elkhart, Ind.-based Atwood Mobile Products LLC and is awaiting clearance to complete the purchase of Atwood’s Australian business, which is subject to regulator review.

Freedom Boat Club signs deal with Liberty Marine Group

The Freedom Boat Club signed a franchise agreement with the Liberty Marine Group to own and operate boat clubs in Miami and Fort Lauderdale, along with future locations slated for New Jersey, Virginia and North Carolina.

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