Investors purchase Warrior Boats assets - Trade Only Today

Investors purchase Warrior Boats assets

Author:
Updated:
Original:

Four businessmen/anglers purchased all rights to the name, trademark, molds, jigs, tools and other assets of the Warrior Boats brand, the group announced.

The new owners are Chuck Barth, a cattle rancher and owner of Tamarack Kennels in Melrose, Minn.; pro walleye angler and 2005 PWT championship winner Dave Andersen; Joe Hellermann, former owner of Melrose Marine and Sports and a former Warrior dealer; and Al Leinen, co-owner of St. Rosa Lumber Co.

Terms of the deal were not disclosed and the new owners did not immediately return requests for comment.

To start, the new company will employ about 10 people, including some key personnel from the former factory. The new company will select from among four communities bidding for it to locate there.

“This was a dream of mine ever since the plant closed,” Andersen said in a statement. “I can’t believe how many people keep asking me about the boats, and what can be done. Well, we did something, and will start showing new boats at shows in December.”

Barth added, “This is too good a boat not to build for the walleye world. The goal will be to build the six top-selling models and have others available on special order.”

At the peak of Warrior’s production, the company was building about 300 boats a year.

Related

Brunswick Corp. Appoints New President

Aine Denari is an automotive industry veteran with vast experience in leading-edge mobility systems.

Menhaden Quotas Reduced

Sportfishing groups applauded the move, saying it will help rebuild the striped bass population.

Winnebago Reports Q4, Fiscal 2020 Results

Revenue grew 18.6 percent for the year to $2.4 billion.

Quick Hits: October 22, 2020

Tiara Yachts honors top dealers; Smoker Craft donates to MRAA; ICOMIA issues state of the industry.

Make Your Cash Register Ring for Christmas

If you want to bring in some cash this holiday season, it’s time to get to work.

Vandalize Boats Will Debut at FLIBS

Nautical Ventures will market and sell the new lineup of center console sport utility vessels.

NMLA Joins MRAA as Partner

Through partner membership, manufacturers, suppliers and service providers can align their brands with the MRAA program.

Scania to Power Special Editions of Maritimo X-Series Yachts

The company, known for providing commercial iron, entered the U.S. recreational marine market in August.

Quick Hits: October 21, 2020

Grady-White subsidizes Dealer Week registrations; Brunswick increases dividend; and Scout hands out awards at virtual meetings.