American Global Yacht Group acquires Maryland dealer

ANNAPOLIS, Md. – American Global Yacht Group (AGYG) has acquired North Atlantic Marine Group-Maryland (NAMG-MD), it reported in a recent statement. Through the acquisition, the company is now the exclusive Chesapeake Bay dealer for Formula Boats.

“We are dedicated to quality, service and growth, and are constantly looking for ways to enhance the variety of our product line,” said Fred Azar, AGYG principal. “Formula is one of the finest powerboats on the market, which makes it the perfect complement to our company’s superior yacht offerings.”

AGYG provides new construction, sales and brokerage for Molokai Strait Expedition Yachts, Outer Reef Yachts and Rivolta Yachts. The company has sales locations in Annapolis, Md.; Fort Lauderdale, Fla.; Seattle, Wash.; Antibes, France; and Sydney, Australia.

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One Comment

  1. Hello, my name is David Levan and have heard and remember the name Fred Azar while growing up on the Magothy river in Pasadena Md. Our boat was docked @ Seers Marina, the houseboat Queen Ellen. my dad has been reminicing about old times and we always talk about you and the Panasonic division my dad ran and the Beautiful Cadillac Eldorado that my Mom had. Just trying to get my dad back in touch with good people. E mail me please or you can reach me at 407 947 3442

    Thanks, David Levan

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