Drew International acquires Trac-Ecological

Drew Marine

July 20, 2021

Drew Marine’s century of providing maritime chemical solutions and technical service expands to a variety of leisure boat products like Barnacle Buster, TEAGel, Sew Clean and more.

• Drew Marine enters market, adds leading leisure vessel products to its portfolio

• Proven products from Drew Marine’s large vessel portfolio will be available to leisure boaters

• Drew to open showroom and service center in Fort Lauderdale, Florida to supplement their network of service technicians and commercial teams throughout the US

Drew International has acquired Trac-Ecological, a Florida-based company. Trac-Ecological has been a leading supplier of environmentally friendly and incredibly effective chemical solutions for yachts and other pleasure boats. The acquired business, whose products include: descalers, cleaners, degreasers, flushing units, and accessories, will fall under the Drew Marine Segment. This addition will allow the global maritime leader to enter the yacht and pleasure boat market with a proven portfolio of products and further brings an immediate, existing profit stream to Drew’s overall portfolio.

The entrance into the leisure market will allow Drew to offer customers a full line of boating solutions in small packaging. These solutions will come from both Trac-Ecological’s existing portfolio of products such as Barnacle Buster®, Sew Clean, and TEAgel®, as well as selections from Drew current product line which perform in some of the toughest marine environments.

“We are excited to add the Trac brand of products to the Drew family as it allows us to fill out our portfolio of maritime solutions and it represents a natural fit for our Marine Segment,” Frank J. Monteiro, President and CEO of Drew International, said. Adding, “this line of products has a long, successful history and we are excited for the future it will bring to this particular segment.”

“The acquisition by Drew Marine will be a great benefit to our customers,” Patrick Leclerc, President of Trac-Ecological said. “Drew will bring resources that were not available to Trac that will allow for even better access to our marine chemical solutions, it’s very exciting.”

Drew Marine will move the production of the product line to its Manufacturing Center in Waterbury, CT USA. In conjunction with the deal, Drew will open a showroom and service center in the Fort Lauderdale, FL USA area that will be the home of its Yacht and Leisure Boat operations.

The law firm of Berchem Moses PC, of Milford, Connecticut, USA represented Drew Marine in the transaction. Financial terms of the transaction will not be released.

For more information about Drew Marine’s range of solutions visit: drew-marine.com

 

Related Posts





Four Winns’ new H9 is stunning!

CMRA

As of July 1st, 2024 the embargo is lifted on the photos and information about Four Winns’ new H9 model and it is stunning!

About a month ago, I traveled to Charlevoix, MI for a special press event to introduce the H9 to a small group of journalists. The water and the weather were a bit cool but the sun was out and Lake Charlevoix was calm and the Four Winns H9 was very impressive. This is a 29-foot 11-inch luxury day boat with a 9- foot 2-inch beam and it features a fabulous expansive flat floor all the way from the bow rider area to the transom and the swim platform.

Read More




Need to Catch up on News This 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.



KingFisher Boats Introduces Next-Generation 3025 XRS and 2725 XRS Offshore Models

KingFisher Boats, renowned for their rugged and versatile adventure boats, proudly announces the launch of their latest models – the 3025 XRS and 2725 XRS. These new additions to the Offshore Series epitomize innovation, performance, and luxury, setting a new benchmark in the world of welded heavy-gauge aluminum boats. 

Read More


Accessories keep portable sealer in peak working order

Hubbell-Marine Stainless steel outlet covers

The ultra-light ROAM 18-V Portable Vacuum Sealer revolutionized how fishermen, hunters and outdoorsmen preserve the flavors of wild-caught and harvested food. Now, PacBak offers replacement bags, a spare battery and a performance refresh kit to keep the innovative device in peak working order.

Read More