Mustang Survival Announces Acquisition of the Government & Commercial Marine Business of Stearns®

Mustang Survival

Dec 21, 2021

Mustang Survival®, the North American brand known for innovative solutions for the most demanding marine environments, is excited to announce the acquisition of the Government & Commercial Marine business of Stearns®. The deal deepens Mustang Survival’s product offering for those that live beyond land to protect our freedoms, and those that work on the water to put food on the table for their loved ones.

The products will be amalgamated into the Mustang Survival Branded assortments of Life Jackets, Personal Flotation Devices & Life Saving Appliances. Complementing Mustang Survival’s already rich and high-quality offerings in these segments, the depth and breadth provided by merging the Stearns® products establishes Mustang Survival as the dominant trusted industry leader in commercial marine performance products.

Commenting on the announcement, Mustang Survival President, Jason Leggatt, highlights the importance of the Brand’s continued commitment to its Government & Professional consumers. “Mustang Survival exists to deliver confidence and the ultimate experience on the water for those that work, serve, or for recreation. We are obsessed with protecting and enhancing the performance of Government and Professional consumers because they use the products constantly and prove the durability and excellence of a great product solution. These markets are truly where steel sharpens the steel. In addition to the obvious growth this provides for us in core markets, the deal is extra exciting because many of the products acquired will be made onshore in our owned North American manufacturing sites”.

Mustang Survival’s CEO, Andrew Branagh, who oversees the Wing Group including Mustang Survival and her sister companies, has been expanding the Wing Group’s power and presence with acquisitions aligned to its values and mission.

“The Wing Group is deeply embedded with top-tier Government and Professional users across the family of companies. Stearns® represented an incredible opportunity for Mustang Survival to be increasingly relevant to this strategic and valued customer base of ours. I am incredibly proud of how everyone in our company continues to demonstrate the entrepreneurial spirit of a little company, while we have grown immensely during the last 8 years”.

Mustang Survival is currently working to transition the acquired product lines into its operations and will work with customers and suppliers to develop a smooth business transition. The acquired product lines and intellectual property will be branded Mustang Survival going forward and will be showcased and sold via Mustang Survival’s valued reseller partners, the Mustang Survival website, and all customer service will be handled by Mustang Survival teams.

Related Posts




Recreational Marine Industry Applauds Removal of the Luxury Tax on Boats in Budget 2025

NMMA Canada

OTTAWA (November 4, 2025)—Canada’s boating industry applauds Budget 2025’s commitment to remove the devastating luxury tax on boats, a failed tax policy that unfairly punished Canadian manufacturers and workers. When the luxury tax was first implemented in September 2022, Canada’s marine industry leaders were quick to point out the impending losses of middle-class jobs, government tax revenues and sales declines.

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.



Introducing the All-New Axopar 38 

Axopar pioneers once again to set new standards, with the Axopar 38 range marking a new era in adventure boating. The first model of the range debuted at Boot Düsseldorf 2026 with the world premiere of the Axopar 38 XC Cross Cabin, to be followed by the Axopar 38 Sun Top and Cross Top launching later this year.

Read More



Simrad Marine Electronics Debuts New NSO® 4

As Simrad Marine Electronics marks its 80th anniversary, the brand celebrates eight decades of innovation with the launch of NSO® 4 – the next chapter in marine navigation. Built on the revolutionary NEON™ operating system (OS) and designed to be the world’s most intuitive chartplotter, NSO 4 is the latest premium chartplotter and fishfinder in the Simrad® portfolio, delivering an unmatched combination of effortless control, lightning-fast performance, and sleek design, setting a new standard for offshore navigation.

Read More