T-H Marine Supplies acquires Texas company

T-H Marine Supplies of Huntsville, Ala., acquired the assets of HydroWave LLC of Carrollton, Texas.
Author:
Updated:
Original:

T-H Marine Supplies of Huntsville, Ala., acquired the assets of HydroWave LLC of Carrollton, Texas.

Financial terms of the deal were not disclosed.

HydroWave designs, manufactures and sells a patented line of marine sound technology devices that attract fish for anglers.

“We are very pleased to announce the acquisition of the HydroWave assets,” T-H Marine president Jeff Huntley said in a statement. “We are also proud that we will retain several key HydroWave employees and have entered into a multiyear consulting agreement with HydroWave founder Gene Eisenmann. Gene and his team have built a strong company with an excellent reputation for providing cutting-edge technology to help make fishing more rewarding for anglers of any skill level. These products really work, and we are excited about adding this great brand to the T-H Marine product line.”

“Growing HydroWave over the last four years has been an exciting adventure,” Eisenmann said. “I can’t imagine the dynamic growth it will achieve tied in with an industry leader such as T-H Marine. I’m also looking forward to a continued role in new-product development.”

Kevin VanDam, one of the owners of HydroWave, and one of the top anglers in the world, is maintaining an interest in the brand and staying involved with product development and promotion, Huntley said.

“I have been with HydroWave as an owner from the beginning,” VanDam said. “I believe in and use the product. I am excited that a super company like T-H Marine has bought HydroWave. T-H is a true leader in innovation of new products for serious fishermen. I have used and believed in T-H products for many, many years and they are literally on my boat from trolling motor to transom. We have already made plans for me to stay very involved with the brand and to work with T-H Marine to help more anglers catch fish with our sound technology.”

Related

Yamaha Develops Electric Propulsion System

The Harmo system comprises a rim-drive electric motor that turns an impeller.

Mercury Supports Local Food Drive

Employees in Fond du Lac, Wis., donated more than $5,600 and 2,500 pounds of food during the company’s annual Fill the Boat to Cast Out Hunger drive.

A Record Cannes Show

The first major boat show to be held in Europe in more than a year drew 54,400 attendees during its six-day run.

Iconic Cleveland Show Returns to the I-X Center

Also, the Northwest Marine Trade Association is offering grants to promote boating and fishing.

Boston Whaler Hands Out School Supplies

The Brunswick brand’s annual Boatload of Backpacks supply drive aids Florida elementary students and teachers.

Grand Banks Forms GB Marine Group

After consolidating production to Malaysia, the builder said the Grand Banks, Eastbay and Palm Beach brands all will adopt the proprietary V-Warp hull design.

NMTA Announces Grow Boating Grants

The deadline to apply for the Northwest Marine Trade Association program is Oct. 31.

Groupe Beneteau and Sentinel Announce Partnership

The companies are collaborating on a connectivity platform that will be standard equipment on all Beneteau-branded boats by 2025.