Statement Marine acquires assets of Pilini Marine

The Pilini 34 “likes rough water.”

The Pilini 34 “likes rough water.”

Performance-boat builder Statement Marine said it purchased the assets of Pilini Marine in Clearwater, Fla.

The acquisition originally was reported by Terms of the deal were not disclosed.

“It sparked my interest and the deal was presented to me and I jumped on it,” Nick Buis, Statement Marine president, told Trade Only Today. “The deal happened very quickly.”

A key to the transaction was the 34-foot Pilini catamaran, which gives St. Petersburg, Fla.-based Statement an entry into the performance outboard catamaran market. “I’ve known Jay Pilini for more than 35 years, and I’ve owned six of his boats,” Buis said. “Everybody I’ve talked to says the boat works. It’s fast, and it likes rough water.”

Pilini said the he also has a 36-foot version of the boat that he’s in the process of finishing to create more storage and amenities, so Statement will be able to offer a 34- or 36-footer built on the same hull. Most of the boats are being sold with twin Mercury Racing 450R outboards. Three boats being finished at the Pilini facilities will be delivered to customers.

Buis said he plans to price the boats aggressively. He has found a successful niche for his outboard center consoles and plans to do the same with the catamarans. “I learned years ago I’m never going to get the price of a Nor-Tech, and Nor-Tech isn’t going to get the price of a Cigarette,” he said. “You can’t run a business off home runs. You need to get base hits.”

Statement has 30 employees, many of whom have been with the company for the 11 years it has been operating. Buis said production is steady, with Statement building two center consoles a month. The company builds 35- and 38-foot center consoles, as well as a 42-foot go-fast vee-bottom and a 50-foot high-performance catamaran.


Should You Require Employee Vaccinations?

With the Covid vaccines becoming more readily available, it’s a topic that’s worth addressing now.

Parker Sponsors ‘Journey for a Cause’

An Indiana college student will embark on a 10-day passage from the Ohio River to the Gulf of Mexico to highlight inclusion and fishing.

With Great Power Comes Great Challenges

Today’s high-horsepower outboards are heavy, and produce prodigious power and torque — three factors that boatbuilders must balance.

Guy Harvey Foundation Awards Scholarships

The inaugural Legacy Scholarship went to four Florida high school seniors who are attending Nova Southeastern University.

Brunswick Launches Training Program

The on-water BoatClass sessions will offer safety courses for both new and seasoned boaters.

Quick Hits: January 19, 2021

Princecraft premieres interactive Virtual Park; European Boating Industry and International Council of Marine Industry Associations strengthen partnership; and Alumacraft celebrate 75 years in business with video series.

Tommy’s Slalom Shop Adds Dealer

Boulder Boats has locations in Nevada, Arizona and California.

Trade Only Today Returns Tuesday

The daily e-newsletter will not publish Monday, Jan. 18, in observance of Martin Luther King Day.