Greek marine OEM announces acquisitions

Author:
Updated:
Original:

Greece-based marine and safety equipment manufacturer Lalizas acquired Nuova Rade, Lofrans’, Max Power and Ocean.

The company announced the acquisitions in a statement that also thanked customers for understanding a product shortage.

“Time is definitely not an ally and we will definitely be working in getting the production back on track as soon as possible in order to supply our customers for the forthcoming season,” the company announced.

Lalizas said the acquired companies have relaunched their operations and production.

Click here for the full release.

Related

Freedom Boat Club Expands

Through November, it has grown to more than 245 locations serving more than 55,000 members.

BRP Announces FY21, Q3 Results

While the North American market saw solid gains in the powersports segment, pandemic-related shutdowns and the retirement of Evinrude had a big impact on revenue.

Quick Hits: November 25, 2020

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px Arial} span.s1 {font-kerning: none} Patrick hires a new CFO; CMC Marine joins NMMA; Dometic makes names new HR VP; and Stingray Boats earns a safety milestone.

Wholesale Shipments Drop in September

NMMA: Easing supply chain constraints should enable more manufacturers to build boats.

Dealers: What’s Your 2021 Retail Outlook?

The monthly Pulse Report asks marine retailers to weigh in on November market conditions.