T-H Marine Supplies, a US manufacturer of boating and fishing accessories, has acquired the assets of Troll Perfect Ltd for an undisclosed sum.
This is the company’s second acquisition in as many months, having bought the assets of Blue Water LED Enterprises in May.
Headquartered in Chester, Virginia, Troll Perfect manufactures the patented Troll Perfect trolling motor tension adjustment device that is used by bass, walleye and crappie fishermen to improve control and steering stability of their trolling motors.
“We are really happy to acquire the Troll Perfect assets,” says T-H Marine’s president, Jeff Huntley. “This simple but very effective device is a perfect fit for our G-Force line of trolling motor improvement accessories. We love great brands and simple solutions that enable boaters to enjoy their time on the water more, and Troll Perfect is both.”
The tooling and manufacturing of the Troll Perfect has been moved from Virginia to T-H Marine’s facility in Huntsville, Alabama, where the injection moulding has already begun. Huntley says that T-H Marine will maintain all customer and dealer relationships that existed with Troll Perfect Ltd, and they are ready to take orders.
“This is our second acquisition this year and our sixth acquisition in the past five years,” Huntley says. “We are working on more acquisitions and more organic product development to continue growing our stable of brands and our breadth of awesome products.
“We have such great customers who continue to buy and believe in our brands and that has allowed us to have compound annual growth of over 20% per year for the past eight years,” he adds. “We hope we can keep this up and continue to find great products and brands that are ready to be launched or taken to the next level.”
T-H Marine is celebrating its 43rd anniversary this year and has grown to become one of the largest manufacturers of boating and fishing accessories in the US. The company says it provides parts to virtually every boat manufacturer in the country and distributes them through virtually every major distributor.