Bassett Marine Sold
September 11, 2012
MarineMax, the nation’s largest recreational boat and yacht retailer, has acquired Bassett Marine LLC’s retail sales and operations in Westbrook, Connecticut, and Warwick, Rhode Island, and added western Massachusetts to its territory for its Sea Ray product line, according to a MarineMax press release.
The newly acquired stores will focus on selling premium cruising and fishing brands, such as Sea Ray, Boston Whaler, Meridian, Azimut and likely other offerings that are well suited for the marketplace, read the release.
William H. McGill, Jr., Chairman, President, and Chief Executive Officer of MarineMax, stated, “The New England region has long been a target area of expansion for our company. It represents one of the wealthiest areas of the country and has a deep appreciation and affinity for boating. We believe this acquisition, with its great team and loyal customer following, combined with the integration of our other product offerings and operations, will help us expand and improve upon our ability to deliver the MarineMax caliber of service in this great boating area.”
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