HydroHoist and ShoreMaster Merge BusinessesPublished on July 7, 2019
ShoreMaster LLC (ShoreMaster) and HydroHoist Marine Group Inc. (HydroHoist) have merged businesses. The combined product offering of these brands covers a broad spectrum of boat types, sizes and marine environments across all major product categories in the dock, boat lift and accessories market.
The combined business will have a network of more than 700 dealers, and the resulting larger footprint will provide new and unique dealer opportunities without overlapping existing market share.
“I see unlimited potential from the combined forces of these two market leaders,” Don Hurley, president of ShoreMaster said. “ShoreMaster and HydroHoist together produce the highest quality products in their respective marketplaces. It makes sense to combine our unique product lines and networks to offer a one-stop-shop for marine products. Our merger achieves that goal while retaining the enthusiasm and motivation that drives each company individually.”
The combined company will have a more agile development process and two management teams under one leadership.
“The union of our companies focuses on internal synergies, external benefits to customers and the blending of two marquee brands,” Mick Webber, president of HydroHoistsaid. “We are in the enviable position of having complementary, not competitive operations. I am thrilled by the opportunities this merger creates.
“Together, HydroHoist and ShoreMaster have enormous potential, and this will allow two companies to merge into one team that will deliver the highest quality products, unparalleled customer service and a seamless experience from purchase to installation,” Webber added. “With the leadership of ShoreMaster and the scale of our existing dealer network, I am confident that we will continue to lead the industry as the preeminent marine equipment manufacturer.”