
Vision Marine Reports Sales Surge
The electric boat and propulsion manufacturer achieved a 446% year-over-year increase in contracted boat sales.

The electric boat and propulsion manufacturer achieved a 446% year-over-year increase in contracted boat sales.

Its Nautical Ventures division signed a lease/purchase option for Anglers Avenue Marine Center in Dania Beach.

Although it posted a net loss, the acquisition of Nautical Ventures marked a turning point for the company.

A North Palm Beach, Fla., Nautical Ventures location was combined with a nearby water-sports showroom to reduce floorplan financing.

The deal will bring Hydrofin’s hydrofoil systems to Vision’s pontoon lineup.

Since its June acquisition of Nautical Ventures, the electric propulsion and boat manufacturer generated $8.2 million.

The deal will create the first North American electric propulsion and dealership company.

The electric boat and propulsion manufacturer achieved a 446% year-over-year increase in contracted boat sales.

Its Nautical Ventures division signed a lease/purchase option for Anglers Avenue Marine Center in Dania Beach.

Although it posted a net loss, the acquisition of Nautical Ventures marked a turning point for the company.

A North Palm Beach, Fla., Nautical Ventures location was combined with a nearby water-sports showroom to reduce floorplan financing.

The deal will bring Hydrofin’s hydrofoil systems to Vision’s pontoon lineup.

Since its June acquisition of Nautical Ventures, the electric propulsion and boat manufacturer generated $8.2 million.

The deal will create the first North American electric propulsion and dealership company.