Marine accessories supplier SeaStar Solutions acquired Moeller Marine Products, a company best known for making plastic fuel tanks.
Sparta, Tenn.-based Moeller produces rotationally molded plastic products, including motor flushers, seating, live wells, and waste and water tanks, and it also makes engine paints. The company recently celebrated its 27th anniversary.
“We first approached Moeller regarding an acquisition back in 2012,” SeaStar president and CEO Yvan Cote said in a statement. “We have pursued them for five years, so we are extremely happy to add Moeller to our portfolio.”
Illinois-based SeaStar said fuel systems are an important part of any powerboat because of myriad new environmental regulations.
“We, at SeaStar Solutions, continue to expand our capabilities to better serve the marine industry,” Cote said. “By integrating an increasingly varied range of products, we can offer the boatbuilders a simpler, more cost-efficient way to manage their supply chain.”
SeaStar said Moeller will continue to operate at its Tennessee headquarters.