Tartan/C&C buys Legacy Yachts

Author:
Updated:
Original:

Tartan/C&C Yachts announced it acquired Legacy Yachts of Middletown, R.I. All Legacy manufacturing and business operations are being relocated to Tartan/C&C's Ohio location.

The acquisition was completed in early January, sales manager Andrew Drumm said in an e-mail to Soundings Trade Only.

"We have been working on this acquisition for quite some time," he said. "I'm glad that it has finally come to fruition."

Drumm said the company was in the process of working out the logistics of the move, but planned to move the tooling this spring.

In terms of jobs, Drumm said production at Legacy had slowed or stopped "some time ago," so many positions were lost prior to the acquisition.

"Our goal is simple - manufacture high-quality boats and increase jobs in Northeast Ohio," he said. "We have and will continue to search for highly motivated, skilled workers and this is not limited to just our region."

Drumm said terms of the deal were not made public.

"The addition of the Legacy line of powerboats to the company's Tartan Yachts, C&C Yachts and Novis carbon fiber product group will provide the company with a strong lineup of North America's premier power and sailing yacht brands and leading carbon fiber component manufacturing technology," the company said in a statement.

The company plans an expansion of its North American, as well as international, distribution through several new marketing initiatives, Tartan said.

— Beth Rosenberg

b.rosenberg@tradeonlytoday.com

Related

Royal Huisman to Launch 171-foot Sportfish

The Dutch yard is collaborating with Vripack for what it calls the “world’s largest true sportfish yacht.”

A Luxury Tax in Canada?

The proposed federal budget includes a tax on luxury goods, including boats and cars.

American Boating Congress Starts Tomorrow

Registration is still open for the two-day virtual event, which runs April 21-22.

ABC, Easy as 1-2-3

The virtual American Boating Congress opens tomorrow, and it’s not too late to register and take part in this important industry event. Also, NOAA launches a series of fishing videos that cover a range of topics, from sustainability to angling opportunities.

NOAA to Outline Reef Restoration

The agency’s Mission: Iconic Reefs project aims to restore more than 3 million square feet of coral in the Florida Keys National Marine Sanctuary.

Virtual Premieres

Sunseeker will livestream the debuts of five models during the next few weeks, starting today with the Manhattan 55 and Predator 55 EVO.

QMI-Multiflex Partners With Rep Firm

William F. Miller and Associates will represent the OEM supplier in the South and Midwest.