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Boat Retailer Enters Midwest

CLEARWATER, FL-The nation's largest recreational boat retailer, MarineMax, is buying one of the largest US independent boat dealers.

By Jennifer D. Duell | Updated on January 03, 2006

CLEARWATER, FL-Just days after being honored as NorthAmerica’s Number One boating retailer by BoatingIndustry magazine, MarineMax Inc. said it would spendmore than $28 million to acquire one of the largestindependent boat dealers in the country.

MarineMax’s acquisition of the Port Arrowhead MarinaInc. and its sister companies, Lake Port Marina Inc.and Port Arrowhead Inc. allows the retailer toestablish a presence in the Midwest. The acquisition,which includes two retail locations and a large marinawith more than 300 slips in Missouri and Oklahoma, isexpected to close this quarter.

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