Chesapeake Ranger Tugs has new owner

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Mark and Tony Schulstad, owners of Mass Enterprises and Cutwater Marine Sales, acquired Chesapeake Ranger Tugs, formerly owned by Chuck Wistar.

Cutwater Marine Sales is part of a yacht dealership based in Grasonville, Md., and Mark Schulstad will retain the Chesapeake Ranger Tugs office in Annapolis, Md. Both locations will give customers access to Ranger Tugs and Cutwater models.

In addition to keeping the Annapolis office operational, Wistar will remain part of the organization in a sales, marketing and strategic planning role, and he will continue to serve Ranger Tug owners and prospects as well as Cutwater customers.

As a joint business, Cutwater Marine Sales and Chesapeake Ranger Tugs will be responsible for sales and service in the entire Chesapeake Bay region, including the Baltimore/Washington area, Annapolis and the Delmarva peninsula.

“This is a perfect combination for us because we have tremendous support from Fluid Motion, who builds both brands, and we will offer that same seamless line of support to prospects and owners,” Mark Schulstad said in a statement. “There is a growing demand in the market for dependable, diesel, trailerable cruisers, and we can now cater to a larger audience with Ranger Tugs as part of our repertoire.”

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