Vision Marine Technologies Acquires Nautical Ventures Group
June 23, 2025
Vision Marine Technologies (NASDAQ: VMAR) acquired Nautical Ventures Group, a Florida-based recreational boat dealership, marina, and service provider operating nine retail locations. The acquisition gives Vision Marine direct retail and service distribution for its E-Motion high-voltage electric propulsion systems and expands the company's direct-to-consumer sales, installation, and aftermarket service capabilities.
- Buyers
- Vision Marine Technologies Inc.
- Targets
- Nautical Ventures Group, Inc.
- Industry
- Retail
- Location
- Florida, United States
- Transaction Type
- Buyout
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