Who purchased Sea Ray boats?

Sea Ray boats have been a popular choice for boaters for over 60 years. The company was founded in 1959 by C.N. Ray, Jr. and other investors, and it quickly gained a reputation for building high-quality boats that were both stylish and functional. Over the years, Sea Ray boats have been purchased by a variety of individuals, companies, and organizations.

In 1986, Sea Ray was acquired by Brunswick Corporation, a company that specializes in marine and recreational products. Brunswick also owns several other well-known boat brands, including Boston Whaler and Bayliner. With the acquisition, Sea Ray became part of Brunswick’s marine division, which is one of the largest in the world.

In 2018, Brunswick announced that it was selling Sea Ray to the Italian boat manufacturer, Ferretti Group. The sale was completed for an undisclosed sum, but it is believed to be in the hundreds of millions of dollars. Ferretti Group is known for manufacturing luxury yachts and superyachts, and the acquisition of Sea Ray was seen as a way for the company to expand its offerings into the mid-range boat market.

The sale of Sea Ray to Ferretti Group was seen as a positive move by many industry experts. Ferretti Group has a reputation for outstanding craftsmanship and attention to detail, and it was believed that this would be reflected in the Sea Ray boats going forward. Additionally, the sale was seen as a way for Sea Ray to focus on its core strengths and to more effectively compete in the market.

Sea Ray boats are known for their sleek design, high-quality construction, and exceptional performance on the water. Whether you are looking for a luxury yacht or a practical family cruiser, Sea Ray has a boat that will meet your needs. With the backing of Brunswick and now Ferretti Group, Sea Ray continues to be a leading boat manufacturer that is dedicated to providing boaters with the best possible experience on the water.

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