Pacific Northwest dealer acquires boatbuilder

Author:
Publish date:
SeattleYachtsAcquisition

Seattle Yachts said that it has acquired Northern Marine, a boatbuilder based in Anacortes, Washington. Terms were not disclosed.

The company said in a statement that the purchase includes the Northern Marine brand, the shipyard in Anacortes, the tooling, and intellectual property.

“We are thrilled to offer Northern Marine to our clients alongside our other new cruising yacht brands that include Alaskan, American Tug, Endurance, Hampton, Northwest, Regency and Whitehaven Yachts,” said Peter Whiting, managing partner of Seattle Yachts, in a statement. “The Northern Marine shipyard is a very modern yard with a lot of very skilled craftsmen. This opens up a lot of potential for our Alaskan and Northwest brands.”

Northern Marine has models from 57 to 100 feet LOA. “As part of the acquisition we will also have complete tooling for the 57, 64, and much of the 80,” said Whiting.

The company will be displaying a Northern Marine 57 at the Boats Afloat Show this week in Seattle.

Seattle Yachts has brokerage offices in the Pacific Northwest, Southern California and Fort Lauderdale. It recently purchased the Alaskan Yachts brand and was named dealer for Hampton on the east coast. 

Related

A Record Q2 for Brunswick

With strong global demand in all its business segments, Brunswick Corp. reported another stellar quarter, posting a 57 percent jump in net sales.

OneWater Adds PartsVu

The online marketplace for marine parts, accessories and electronics posted $25 million in sales over the last year.

Groupe Beneteau Updates Revenue Forecasts, More

The builder saw gains in its boat and luxury-home sectors and made several acquisitions, including a majority stake in Dream Yacht Group.

Golden Manufacturing Expands

The fabricator of aluminum boat lifts and aluminum and concrete floating docks adds 18,000 square feet to its Fort Myers, Fla., headquarters.

GetMyBoat Takes You to the Movies

The boat rental marketplace site teams with Disney’s Jungle Cruise for a contest to win a boat trip or movie tickets.

ConMar Adds to Sales Team

The manufacturers’ representatives add industry vet Brain Steele.

Will Canada Reopen to Boaters?

Set to open its borders to fully vaccinated U.S. residents next month, our neighbor to the north could be facing a strike by Canadian border guards and customs officials. Plus, the Great Lakes welcomes a newly designated marine sanctuary.