MarineMax acquires New Jersey dealer

Publish date:

MarineMax Inc. said today that it has acquired Island Marine Center, which is entering its 34th year serving the southern New Jersey boating market.

2017 revenue was about $10 million, making Island Marine one of the larger dealers in the market, MarineMax said. Island Marine Center has locations in Ocean View and Somers Point.

MarineMax said Rick Castellini and his staff will remain to manage and lead the operations.

"We are excited to strengthen and enhance our already strong New Jersey presence with the Island Marine team,” said MarineMax chairman and CEO William “Bill” McGill in a statement. “Rick has done a great job building Island Marine around a similar customer-centric service approach as MarineMax. Culturally, our two companies are strongly aligned. With Island Marine, we are now even better able to serve the important southern New Jersey area market."

“We are excited about joining the MarineMax team,” Castellini said. “This combination better enables the Island Marine operations to grow and take advantage of new opportunities for the future. We expect this partnership will allow Island Marine to take its business to the next level with MarineMax.”


NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.