Mastervolt acquired the Dutch-based electrical propulsion company Bellmann. Details of the transaction were not released.
Bellmann is a leading developer of complete electrical propulsion systems, and has manufactured dedicated electrical drives for boats since 2002. Products include drives ranging from 1 kW to 20 kW complete with matching shafts and propellers, along with control panels and switching gear.
Combining Bellmann's innovations with Mastervolt's provides an integrated package for the boating market, according to the company.
"For many boatyards, it is a logical step to move to electric propulsion," Mastervolt CEO Paul Kenninck said in a statement. "Some yards are experimenting with the new technologies, but don't have a contact with enough all-around knowledge. Mastervolt's strategy has always been to offer complete solutions and, with the acquisition of Bellmann, we can now offer everything needed for a complete hybrid or dedicated electrical drive system, whatever its configuration."