Yamaha acquires Bennett Marine - Trade Only Today

Yamaha acquires Bennett Marine

Yamaha Motor Corp. said today that it acquired Bennett Marine.
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Yamaha Motor Corp. said today that it acquired Bennett Marine, a company best known for its trim tab systems.

Bennett has been the industry leader in hydraulic trim tabs for decades. It recently introduced its Bolt electric trim tabs and AutoTrim Pro automatic-boat-leveling system. Bennett is based in Deerfield Beach, Fla., and will be part of Yamaha subsidiary Yamaha Marine Systems Co.

“Through the acquisition of Bennett Marine, Yamaha Marine has the capability to further broaden our offerings to boatbuilders and provide even greater integration of Yamaha marine systems,” Yamaha Marine Group president Ben Speciale said in a statement.

“Bennett Marine has a long-standing reputation for building durable, reliable trim tab systems that can be found on boats all over the world. The integrity of the Bennett Marine brand aligns well with the Yamaha Marine brand and we look forward to delivering top-quality products together.”

Charles Bennett invented the first adjustable trim tab in 1959. Bennett Marine is the largest manufacturer of hydraulic trim tab systems designed for a variety of boat styles and sizes. Adding Bennett to the Yamaha portfolio allows for increased control system integration. Bennett’s 27,864-square-foot headquarters in Deerfield Beach sits on 14.87 acres and the company employs 72 people.

“We’re very excited to become part of the Yamaha Marine family and look forward to continuing the great legacy of producing innovative and high-quality boat-leveling solutions well into the future,” said Charles Sweet, CEO of Bennett Marine. “We believe this acquisition will enable us to innovate and expand at a pace unparalleled in the industry.”

The acquisition of Bennett Marine adds to Yamaha Marine Systems Co., which last month acquired the assets of Milwaukee-based Kracor Inc., a rotational molding manufacturer that produces fuel tanks and other plastic products.

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