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MarineMax completes acquisition of Williams Tenders USA, Inc. to strengthen its position in the luxury yacht market

PUBLIC · HZOMar 04, 2024

Acquiring Company

MarineMax

Acquired Company

Williams Tenders USA

ClearwaterPompano BeachLeisureTravelRetailManufacturing

Description

MarineMax, Inc. (NYSE: HZO) has completed the acquisition of Williams Tenders USA, Inc., the premier distributor and retailer for UK-based Williams Jet Tenders Ltd. This strategic acquisition is expected to enhance MarineMax's margin profile, strengthen customer relationships, and capitalize on the significant growth potential in the luxury yacht market.

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Company Information

Company

MarineMax

Location

2600 Mccormick Drive

Clearwater, Florida, United States

About

MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 79 retail dealership locations, which includes 34 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest superyacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers. Intrepid Powerboats, a MarineMax company, manufactures powerboats and sells through a direct-to-consumer model. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information, please visit www.marinemax.com.

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Frequently asked

Who acquired Williams Tenders USA?

Williams Tenders USA was acquired by MarineMax, based in Clearwater. The deal was reported on March 4, 2024. MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax is publicly traded (HZO) and operates in Leisure.

When did MarineMax acquire Williams Tenders USA?

MarineMax's acquisition of Williams Tenders USA was reported on March 4, 2024. MarineMax, Inc. (NYSE: HZO) has completed the acquisition of Williams Tenders USA, Inc., the premier distributor and retailer for UK-based Williams Jet Tenders Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Williams Tenders USA do?

Williams Tenders USA, Inc. is the premier distributor and retailer for UK-based Williams Jet Tenders Ltd., which is known for its innovative, high-performance tenders with many custom options. It is privately held, operating in Manufacturing, and is based in Pompano Beach.

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