Maritimo doubles US sales

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Australian builder Maritimo said it has doubled U.S. sales in the past 12 months. The company said in a statement that it restructured its U.S. operations last year and has seen its sales since rise to $35 million.

"The driving factors have been the extremely well received new product, expanded distribution networks with a combination of Maritimo company retail outlets in key centers and expansion of the dealer network,” said Dave Northrop, president of Maritimo Americas, in the statement. “We expect that to continue in the next 12 months.”

Northrop said that six X60's and five X50's, both new models, had been sold and five more flybridge motoryachts sold in the past 12 months compared to the previous period.

The company has also appointed dealers in other areas outside of its traditional bases in Florida and California, including the Great Lakes and Chesapeake Bay region. Peter Helebrand, Sheryl Northrop, and Mike Swift have also been added to its executive team.

Maritimo CEO Garth Corbitt said Maritimo should achieve its goal of expansion in the U.S. market. "It has always been part of our strategic international expansion plan to have a strong presence in the USA," he said in the statement. "After our first year under the new guard I am pleased to say we are well and truly on track.”