Teleflex Marine buys jack-plates manufacturer - Trade Only Today

Teleflex Marine buys jack-plates manufacturer

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Teleflex Marine acquired Detwiler Industries LLC, of White Bear Lake, Minn., a leading manufacturer of high-performance hydraulic jack plates from MarineTech Products Inc.

Terms of the deal were not released.

“We are very excited to acquire Detwiler jack plates. It is a key addition in our strategy to grow both organically with new products, such as our recently introduced Optimus 360 Joystick Control System, our new Xtreme Steering — and through acquisitions,” Teleflex Marine CEO Yvan Cote said in a statement.

“This extension to our boat-control portfolio fits well with our objective of continuing to enhance the boating experience,” Cole added. “As the leader in bass boat steering, this product will fit perfectly with our SeaStar Pro Hydraulic Steering, SeaStar Pro Power Assist and our popular Pro Trim.”

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