Mar 17, 2020

CMP Acquires MarineTechOn March 9th, 2020, CMP Group Ltd, a leading manufacturer and distributor of marine products announced the acquisition of MarineTech Products, Inc. based in Vadnais Heights, MN.  MarineTech is a long standing and well-respected provider of boating products and solutions under the Panther™, TROLLMaster™, EZ Steer®, Navigator® and Angler’s Pal brands.

MarineTech continues CMP’s strategy to grow its US presence and strengthens its position in the recreational marine industry.  “We are very excited about the strategic fit between MarineTech and CMP and believe there are many advantages and opportunities for our customers, supply partners and our team” states Don Hambly, President & CEO, CMP.  “MarineTech’s customer base and product offer are a perfect complement to CMP’s growing marine business.” 

Larry Grundtner, founder and owner of MarineTech will remain with the combined entity to help ensure a smooth transition and continued success. He commented that “This is a tremendous opportunity for MarineTech and our customers.” explains Larry Graundtner.  “By joining forces with CMP, we will leverage the expertise and resources of CMP to take MarineTech to the next level.”

About CMP Group Ltd.
CMP Group, headquartered in Vancouver, BC creates products and services for the marine industry that allow people to enjoy time on and around the water.  The Company has manufacturing operations in Vancouver & Toronto, Canada; Genoa, Italy; Norfolk, USA and Ningbo, China and has a product range that extends from marine corrosion, dock products, anchoring solutions to steering and controls. CMP’s respected brands include: Martyr™ sacrificial anodes, Dock Edge +® dock & boating solutions, Rocna® & Vulcan® anchors, Titan® Marine Products, Octopus® Autopilot Drive Systems, Intellisteer® Remote Steering Systems and Seaguard® corrosion protection systems.  In 2018, Ironbridge Equity Partners, Toronto, ON acquired majority control of CMP Group.  For more information, please visit www.cmpgroup.net

About MarineTech Products Inc.
Founded in 2000, MarineTech started with a single™, TROLLMaster™, EZ-Steer®, Navigator® and Angler's Pal, offering boaters hundreds of quality, innovative products. For more information, please visit: www.marinetechproducts.com.

Featured Articles

  • Prev
In the early days of powerboating, among the most attractive and now classic builders, was Century. ...
Boat shows that plan to take place as originally scheduled are the Annapolis Boat Shows.
The organizers are saying that we're officially less than TWO weeks away from the opening ...
BRP (TSX: DOO; NASDAQ: DOOO) announced May 27th, that it has re-oriented its marine business ...
Since the start of the COVID-19 pandemic, Canada has mirrored countries around the globe in ...
Two-time America’s Cup winner, Peter Isler and veteran sailing meteorologist, Chris Bedford ...
Due to the Covid-19 outbreak, in Canada, all Events revolving around Safe Boating Awareness Week ...
 Canadian Yachting Media has announced the launch of its newest recreational boating ...
CPS-ECP is launching an exciting new webinar series for people who want to brush up on their ...
We have periodically reported on the very significant issue of high water levels in the Great Lakes ...

CPS-ECP, THE CANADIAN POWER & SAIL SQUADRONS IS LAUNCHING A MONTHLY WEBINAR SERIES

 

CPS-ECPCPS-ECP is launching an exciting new webinar series for people who want to brush up on their boating skills, or explore a new interest. CPS-ECP volunteers have been developing this collection of informative webinars and will be bringing them to your living room, cottage, boat or office by offering them online.
 
Webinars are not new to CPS-ECP; over the years many Squadrons have developed their own successful webinars to satisfy a local need. They are now offering some of these as monthly webinars at 8pm Eastern Time for everyone to enjoy. 

Read more about the CPS-ECP Webinar Series............

 

 

Boating Industry Canada News Week

 

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you're looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here

 

 

 

 

 

Marine Products

  • Prev
When Zhik’s design team created their award winning, Hydrovision® Adaptive Hood and detachable ...
The new Model 40 marine steering wheel from Schmitt & Ongaro Marine Products is the perfect ...
TACO Marine® Carbon Fiber Tele-Sun Shade Poles can be mounted to the bow or stern to create a ...
Seatronx, manufacturer, distributor and designer of rugged electronics catering specifically ...
Professional boatbuilders don't want to have to redo a job any more than a DIYer. That's why they ...
Dirty winches make grinding sheets and halyards harder than necessary. Cleaning even the simplest ...
The narrow footprint and smart back of the Compass toilet gives maximum space and maximum ...
Piles used with traditional boat lifts often block a scenic waterfront view. A Golden Deck Lift is ...
Year after year, shore power gear gets knocked around, causing unseen internal damage that can ...
Without proactive maintenance, boat covers, RV awnings, pop-up camper tenting, cushions, upholstery ...

WINCHES FUNCTION EASIER, LAST LONGER WITH LIQUI MOLY

Liqui MolyDirty winches make grinding sheets and halyards harder than necessary. Cleaning even the simplest single-speed model is a time-consuming task that should be done at least seasonally. That's why it pays to use only a top-quality lubricant like LIQUI MOLY Marine Winch Grease. Specifically formulated for sailing, it delivers the ultimate in wear protection with minimal friction.

Made in Germany, synthetic LIQUI MOLY Marine Winch Grease contains PTFE solid lubricants developed for all winching and hoisting activities. 

Read more about Liqui Moly............

 

 

 

People

  • Prev
Brunswick Corporation has announced that Yami Hu, Boston Whaler Director of Strategic ...
Propspeed, leading innovator of underwater asset coatings, announced today it has hired Matt ...
Julian Potter has joined E-Plex, the leading brand of multiplexing technology for vehicle ...
The Canadian boating industry lost one of the great ones this past week. Cameron Wardlaw sadly ...
The Marine Retailers Association of the Americas named Ed Lofgren of 3A Marine Service, ...