T-H Marine Supplies of Huntsville, Ala., acquired the assets of Blue Water LED Enterprises of Lawrenceburg, Ky. Financial terms were not disclosed.
Blue Water assets are being moved to T-H Marine headquarters in Alabama, where future assembly and shipping of products will occur.
The company said there will be no disruption to Blue Water customers or suppliers and that Blue Water LED products will be up and running as a T-H Marine brand in a matter of days.
Blue Water designs, assembles and sells LED light kits and lighting components for boats, kayaks, autos and trucks, trailers, ATVs and UTVs, golf carts, RVs, off-road vehicles, public safety vehicles and utility trucks. Blue Water is known for its LED light kits for bass boats and professional bass anglers.
“We are so excited to announce the acquisition of the Blue Water assets," T-H Marine president Jeff Huntley said in a statement. "We have long-admired the quality of their products and their status as the market share leader for aftermarket LED light kits.”
Huntley said T-H Marine has experienced compound annual growth of more than 20 percent per year over the past eight years.
“The acquisition of the Blue Water assets puts us into a clear market leadership position in aftermarket LED light kits, and we look forward to growing even more,” he said.