Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
Former Wall Street businessman Scott Leahy bought Boats Incorporated in Niantic, Conn.
Seemann, creator of the Scrimp boatbuilding process, says the acquisition will allow it to take products from concepts to production.
Flir Systems Inc. announced today that it has acquired Acyclica, Inc., a developer of software for automotive roadway and intersection data generation and analysis.
Hill Lenderman has bought the manufacturers’ rep firm from Joseph G. Miller.
The pairing creates one of the largest powerboating multimedia sources.
Brunswick Corp. believes its acquisition of Power Products’ 11 marine and mobile brands will help its Mercury division deliver an integrated automotive experience that people have come to expect on boats.
Cox partnered with QM Systems to assemble the engines in the United Kingdom.
Motor-Services Hugo Stamp named Hansen Marine Engineering a master dealer for select models of the Nanni line of diesels in the Northeast.
Brunswick Corp. today announced a deal to buy Power Products’ Global Marine & Mobile businesses for $910 million in cash.
Twin Disc, Inc., which manufactures marine and land-based transmissions and propulsion systems, has entered into an agreement to acquire Veth Propulsion Holding, B.V. and its wholly-owned subsidiaries (Veth Propulsion), a supplier of main and auxiliary propulsion products.