Correct Craft announced Monday that it purchased the Orlando Watersports Complex, a cable wake park.
The water sports complex is the world’s most visited wake park, according to Correct Craft. Its three cable systems are combined with a boat lake where riders and skiers can train behind Nautique boats.
Orlando Watersports Complex founder and general manager Rene Hofmann said in a statement that the acquisition will allow opportunities for expansion.
“I greatly admire Correct Craft and its team, as well as the company’s prestigious Nautique boat brand,” Hofmann said in the statement. “I am thrilled that the watersports industry’s best and strongest company is acquiring OWC and that I have the opportunity to be a part of their team.”
“I have visited cable parks all over the world and OWC is the best in the world,” Correct Craft president and CEO Bill Yeargin said in the statement. “We view OWC as complementary to our Nautique boat business and will work with Rene to continue bringing people into our industry.”
“We are also excited to have Rene join our team and work with us to further enhance OWC while also pursuing other cable opportunities around the globe,” Yeargin added.