Premier boats, a prestigious name in the world of luxury boating, was recently acquired by Bennington Marine, one of the leading players in the pontoon boat industry. The acquisition was announced in December 2020, and since then, it has created ripples in the boating community, with enthusiasts eagerly waiting to see what the merger would bring.
Bennington Marine is a subsidiary of Polaris Inc., one of the world’s largest powersports and marine industry players. The company is known for its innovative designs, exceptional quality, and industry-leading customer support. With the acquisition of Premier boats, Bennington is looking to cement its position in the luxury pontoon boat segment and offer a broader range of products to its customers.
Commenting on the acquisition, Steve Menneto, Polaris Inc.’s president of global adjacent markets, said, “We are excited to welcome Premier boats into the Bennington Marine family. Premier boats are known for their exceptional quality and craftsmanship, and we believe that the combination of Premier’s expertise with Bennington’s innovative designs and proven customer support will take the pontoon boat industry to new heights.”
Premier boats, which has been in business for over 25 years, is known for its exceptional quality and innovative design. The company has won numerous awards for its boats over the years, including the coveted NMMA Innovation award. Premier boats offer a wide range of luxury pontoon boats, including the Arianna, the Grand Majestic, and the Elite.
With the acquisition, Bennington Marine plans to leverage Premier’s expertise and experience to create even better luxury pontoon boats. The company plans to invest heavily in research and development to come up with designs that are not only high-end but also meet the evolving needs of today’s boating enthusiasts.
The acquisition of Premier boats by Bennington Marine is exciting news for the boating community. With two of the biggest players in the industry coming together, one can only expect exceptional boats that embody quality, innovation, and exceptional customer support. We look forward to seeing what the future holds for these two companies and how their collaboration will shape the boating industry in the years to come.