Bennington Marine, the world’s largest pontoon boat manufacturer, announced Tuesday it had completed the acquisition of the brands and certain assets of Nautic Global Group, LLC. Terms of the deal were not disclosed.
The brands Bennington acquired—Godfrey pontoon boats, Hurricane deck boats, Polar Kraft fishing boats and Rinker cruisers—are being held in a newly formed holding company and will be operated separately from Bennington. The acquisition will not impact existing operations, dealer networks, or retail customer relationships for either Bennington or the acquired brands.
“We are excited to bring together some of the strongest brands in the marine industry," Bennington CEO Jacob Vogel, said in a statement. "And we want to assure dealers and their customers that it is business as usual. Production, servicing and marketing of these terrific brands will continue to remain separate and strong."