Canada's Pride Marine Group is to acquire George’s Marine and Sports in Ontario. Financial terms were not disclosed but the deal is expected to be completed on November 6.
Pride Marine was founded in 1986 on Lake Muskoka. It now has 12 locations. George’s Marine has three locations in Ottawa, Kingston and Eganville.
Pride said in a statement that, with the addition of the newest locations, 92% of all Ontario boating is located within an hour of one of its locations.