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Quick Hits: January 8, 2021

After securing $37.5 million in Series A funding in December, e-propulsion outfit Pure Watercraft announced it acquired Minnesota-based electric pontoon builder Elux Marine. The acquisition gives Pure Watercraft a foothold in the largest per capita U.S. boating market. “As we begin our 2021 launch year, we know we need to be close to our customers,” Pure Watercraft CEO Andy Rebele said in a statement. “By acquiring Elux, we connect to a key boating market with a team that has established itself as a leader in launching electric boats.”

Sealants and adhesives manufacturer Sika Marine joined the Marine Retailers Association of the Americas as a Platinum partner. “We look forward to not only working with the MRAA and its members, but to increase the marine industries knowledge in our technology solutions in both boatbuilding and DIY boat repair,” Sika USA’s Mark Daniels, vice president, transportation and appliance and components, said in a statement. “Our experiences within the OEM side for adhesives, sealants, tooling and composites gives Sika Marine the edge for a vast range of applications.”


Battle on the Great Lakes Rages On

The Icebreaker Wind Turbine Development faces strong headwinds from boating and fishing groups.

Limestone Boat Co. Expands Dealer Network

The company adds four new dealers to its roster, with three to represent Aquasport Boats.

NMEA Announces ‘22 Training Course Schedule

For next year, marine training courses will be offered as virtual and in-person sessions for basic marine electronics installers, and in-person only for advanced installers.

GM Invests $150M in Electric Boat Start-Up

General Motors has acquired a 25-percent stake in Pure Watercraft, a Seattle-based e-propulsion outfit.

Patrick Acquires Marine and RV Seating Maker

The Elkhart, Ind.-based component manufacturer finalized its purchase of Williamsburg Marine and Williamsburg Furniture.

Dealers: Tell Us Your 2022 Retail Outlook

Our monthly Pulse Report survey asks dealers for their outlooks on 2022 retail sales.