Kevcon Corporation, parent company of Misty Harbor pontoons, announced the signing of an asset purchase agreement to The Marine Group LLC and its corporate leaders George Thomas, John Jergens and Tom Christy. The deal is anticipated to close Jan. 24.
“Kevcon has enjoyed substantial success under the ownership of Dave and Lisa Wilson since 1990, and Tom and I have been fortunate to spearhead the most recent growth these past five years,” said John Jergens, newly named president of Misty Harbor. “We have forged a new partnership that shares a common passion to continue the growth and development of our brands and to continue to serve our great customers with quality products and services.”
Kevcon is known for producing Misty Harbor pontoons and, more recently, aiding the production and launching of Coach pontoons.
“Our business plan has broadened our scope into new markets which has generated great enthusiasm among our dealers as the value of our product continues to grow,” said Tom Christy, vice president of Misty Harbor.
Misty Harbor pontoons will continue to be built in Fort Dodge, Iowa.