Tohatsu today announced that it has entered into a new agreement that makes Power Equipment its exclusive distributor for Australia, New Zealand and the wider Oceania region effective July 1.

“Power Equipment has demonstrated strong capability and unwavering commitment within the marine industry. We are confident that, together with such a trusted partner, this agreement will play a pivotal role in driving our long-term growth across the Oceania market,” Tohatsu president Tohatsu Isami Hyuga said in a statement.

Added Power Equipment CEO Luke Foster: “We are a family-owned company that has been a leader in the marine industry for over 35 years, and we continue to invest in the business and have long-term stability. With our world-class parts and warehouse infrastructure, along with our highly experienced marine team, we are well-placed to continue the growth of the Tohatsu brand throughout Australia and New Zealand.”