New shareholders buy into Budget Marine

Author:
Publish date:
(From left) Budget Marine’s Christopher Skinner, Anthony Block, Robbie Ferron and John Skinner.

(From left) Budget Marine’s Christopher Skinner, Anthony Block, Robbie Ferron and John Skinner.

Budget Marine, which has chandleries throughout the Caribbean, has new shareholders. Aruban retailer Smart Industry Business Solutions joined the main shareholding group and provided retail and IT consultancy.

In the realignment of Budget Marine, founder Robbie Ferron will lead the flagship store and main distribution center in St. Maarten. Budget Marine’s business processes, IT and marketing are coordinated by a board of supervisors headed by Nicholas George, manager of the organization’s Grenada store. Aruba, Bonaire and Curacao are now coordinated by Tony Waldron, manager of Budget Marine Aruba. Regional sales are led by Thierry Vigneron, and Jolyon Ferron is the new sales manager in St. Maarten.

Budget Marine has 12 locations in nine Caribbean territories. 

Related

The 2021 Top 10 Most Innovative Marine Companies Awards

The marine industry consistently honors products and people. The industry, however, has not recognized forward-thinking companies that are moving the industry in new directions. Soundings Trade Only’s mission is to reflect, inform and inspire.

German Superyacht Yard Files for Bankruptcy

Nobiskrug cited a lack of orders, the Covid-19 pandemic and other factors in its decision to start the proceedings.

West Marine Acquired

The private-equity firm L Catterton will take a controlling interest in the retailer’s ownership.

Kicker Supports Two Events on Lake Havasu

The marine audio company will take part in the performance-boat events Super Cat Fest West and the Desert Storm Poker Run this weekend and next.

Bay Bridge Show Starts Tomorrow

The combined sail- and powerboat show runs through Sunday in Stevensville, Md.

Brunswick Corp. Arranges Covid-19 Vaccinations

The marine-industry conglomerate aims to protect employees and their communities against Covid-19.

Kadey-Krogen Announces New Ownership Structure

This summer, the builder and its new investor plan to reveal a five-year innovation and strategic plan.

What is America’s Finest Harbor?

Online voting is open in the US Harbors competition for the best U.S. harbor.

Bruce Van Wagoner to Retire

The 45-year industry veteran was marine group president for Wells Fargo Distribution Finance.