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Kwik Tek buys marine company

Kwik Tek Inc. acquired all assets of Sportsstuff Inc., a company known for its lake, pool, backyard and marine inflatable products.

The closing took place March 30. Terms of the deal were not disclosed.

"Adding the Sportsstuff brand is the single most exciting event in Kwik Tek's 19-year history," president and CEO Aaron Kramer said in a statement. "We are looking forward to providing one-stop shopping to our valued distributors and retailers. The Sportsstuff brand is recognized as the top innovator in the inflatable industry."

Colorado-based Kwik Tek manufactures and markets marine accessories in more than 70 countries.

Click here for the full release.

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