MarineMax announced that it has an agreement in place to acquire Williams Tenders USA, the Pompano, Fla.-based distributor and retailer for the British jet RIB builder. The purchase is expected to close by March 31 and be accretive in its first full year of operations.
Williams Tenders USA has a network of 20 dealers in the United States and the Caribbean.
“Williams Tenders USA complements our product and service offerings, enhancing the value we provide to yacht and superyacht customers,” MarineMax president and CEO Brett McGill said in a statement. “This transaction aligns with a key element of our growth strategy of acquiring high-quality businesses that expand our unique portfolio of assets, strengthen our margin profile, and deepen our relationships with customers across the recreational boating lifestyle.”
Added Chris Rimmer, president of Williams Tenders USA: “MarineMax is an outstanding organization with a reputation for success. Their extensive resources and global network will enable us to further scale our independently run operations across North America.”
