DiMillo’s Yacht Sales, headquartered in Portland, Maine, announced its acquisition of key strategic assets of Hunt Yachts from Hinckley. DiMillo’s has secured an exclusive license with Ray Hunt Design to use the Hunt brand name in production boatbuilding. The boats will be offered under the banner of Hunt Yachts by DiMillo’s.

“We were honored to have been asked by the team at Hinckley and Hunt Yachts to explore this opportunity to acquire Hunt Yachts,” Chris DiMillo said in a statement. “As a Hunt owner myself, I have a deep, personal appreciation for the brand’s design, performance and heritage.”

There are three Ocean Series flybridge models under construction at Global Yacht Builders in Taiwan, which has built the series since 2008. DeMillo’s also carries the Sabre, Back Cove, Tiara and MJM brands. It has locations in Maine, Connecticut, New York and Maryland.

“DiMillo’s is exceptionally well-positioned to carry Hunt Yachts forward, and we’re genuinely pleased to see the brand in their hands,” Hinckley CEO Gavin McClintock said in the statement.