Meeting with IBI in Kaohsiung, Taiwan yesterday, Ocean Alexander president Johnny Chueh confirmed that the group is purchasing MarineMax San Diego, a yacht brokerage and a dealer for Azimut, Gaelon and Aquila Yachts.
Chueh told IBI: “This will allow us to offer a larger product range including smaller European brands. We have had an association with MarineMax as the exclusive east coast dealer for Ocean Alexander since 2014 and the acquisition of MarineMax in San Diego extends Ocean Alexander’s US distribution to the west coast.”
With the acquisition, Alexander Marine USA will also become a partner-dealer of MarineMax for certain west coast markets and will now operate in three locations (Seattle, Newport Beach, and now San Diego) as MarineMax’s partner-dealer for Azimut, Galeon and Aquila, and will continue to operate as the official dealer for Ocean Alexander yachts and Regal boats on the west coast, Pursuit Boats in the southwest and Tiara Yachts in the northwest.
According to a press release issued today: “The combination of Alexander Marine USA and the MarineMax San Diego office’s existing product offerings, brands and resources will put Alexander Marine USA in prime position to continue to grow as the leading new yacht and brokerage yacht sales company on the US west coast and to offer maximum benefits to our customers.”
Ray Prokorym, vice president of Alexander Marine USA, commented: “This acquisition presents an opportunity for Alexander Marine USA to expand our brand and model offerings, bringing a wider range of options, a higher quality experience, and an increased level of convenience to our customers. As the demographics of boaters are changing and demand is increasing, we are pleased to be able to now offer quality European and internationally built brands such as Azimut, Galeon and Aquila.”
Alexander Marine USA was founded in 1978 under the name Ocean Alexander. Ocean Alexander yachts are built in Taiwan and the USA and offer a range of yachts from 70ft-155ft.