Updated:
Original:

MarineMax expands in Florida Panhandle

MarineMax acquired Treasure Island Marina's retail sales and brokerage operation in Panama City, Fla., which will become the 57th location for MarineMax and its first store in the eastern panhandle of Florida.

The Panama City store focuses on selling cruising and fishing brands, such as Sea Ray, Boston Whaler and Grady White. It also offers yacht brokerage services.

Treasure Island Marine also offers a full-service marina and has the largest boat storage facility in the area. It can hold more than 400 boats.

"This acquisition provides us with an opportunity to establish a presence in the eastern panhandle of Florida while leveraging our Pensacola operations to the west and further strengthening MarineMax's position along the important Gulf Coast boating market," said William McGill Jr., chairman, president and CEO, said in a statement.

"Panama City, with its newly added airport, has strong long-term economic growth opportunities, pristine waters and a well-established boating community, all of which create a great environment for us to establish a MarineMax store and offer our leading customer-centric model to customers in the Panama City area," he added.

Based in Clearwater, Fla., MarineMax is the nation's largest recreational boat and yacht retailer.

Related

‘A Phenomenal Success’

The Southampton International Boat Show had more than 88,000 visitors during its 10-day run, after last year’s cancellation.

TopSide Marinas Makes First Two Acquisitions

Founded in January 2020, the firm has thus far acquired Beavers Bend Marina in Oklahoma and Galveston Yacht Basin in Texas.

Two Boosts for Boating and Fishing

MBIA’s Metro Boat show show draws a crowd, and the U.S. Fish and Wildlife Service expands boating and fishing opportunities.

Norwalk Boat Show Held This Weekend

The NMMA show runs through Sunday at Norwalk Cove Marina in Norwalk, Conn.

Raritan Expands Team

Patrick McNeel joins the New Jersey-based manufacturer as a marine equipment product developer.

Industry Mourns Walter “Bing” Burns O’Meara

The longtime publisher of Lakeland Boating magazine has died at 81.

NMMA Announces Hall of Fame Inductees

Regulator Marine’s Joan Maxwell and Bill Watters of Syntec Industries will be honored at IBEX.

Brunswick Acquires SemahTronix

The supplier of wiring harnesses and other electrical assemblies will be part of Brunswick’s growing Advanced Systems Group.