DALLAS – Marine accessories manufacturer Tempress Products LP has officially completed its acquisition of BoatMates Marine, Tempress reported in a release earlier this week.
Based in Westlake, Ohio, BoatMates designs, manufactures and distributes products for the marine, RV and sporting goods markets. The transaction was finalized Sept. 9.
"This acquisition gives added value to our customers by providing a broader range of products under one corporate umbrella," said Mark Lozelle, Tempress president and CEO. "Already, there are countless synergies between the two businesses. I am excited BoatMates is now part of Tempress and look forward to growing the brands."
Lozelle has been responsible for company operations the last six years.
Jim Hampshire, president of BoatMates, will remain active within Tempress, acting as a consultant and assisting in product design and marketing.
Tempress has been manufacturing high-end marine seating, hatches, rod holders and other marine accessories for the last 25 years.
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