MarineMax completes acquisition of Shelter Bay Marine

MarineMax, Inc., the world’s largest recreational boat, yacht and superyacht services company, has completed the previously announced acquisition of Shelter Bay Marine (“Shelter Bay”), a full-service marina and storage facility in Marathon, Florida. The acquisition is expected to be accretive in the first full year of operations.

“The acquisition of Shelter Bay Marine strategically expands our presence in the Middle Keys, strengthening our ability to serve boaters across the region,” said Brett McGill, the Company’s Chief Executive Officer and President. “We welcome Shelter Bay’s experienced team to the MarineMax family as we continue to execute on our long-term growth and margin enhancement strategy.”

Source: BUSINESS WIRE

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