Mergers, Acquisitions & Exits

Volvo Penta to exit outboard segment

> , By 2020-11-06T15:45:00

Seven Marine 4-engine installation

Swedish engine maker Volvo Penta announced today that it will phase out production of Seven Marine outboard engines, although it will continue to support the brand’s existing customer base

The shift in product strategy comes with targets set by the Volvo Group to transition to 100% fossil-free vehicles

To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content

 
Subscribe to IBI Plus
Subscribe to unlock this article

Keep reading for
£1 a week

Subscribe to IBI Plus


Subscribe today for just £1 and enjoy unlimited access to
every article and story at ibinews.com and in the daily newsletter


With IBI Plus, you’ll enjoy:

  • +Unrestricted access to all subscriber-only content
  • +Explore 50,000+ archived articles and stories
  • +Tap into 50+ years of global boating insight
  • +Access exclusive market and company data to find out where your business stands
  • +Read sector and country reports across established and emerging markets

SUBSCRIBE Just £1 a week

There’s no commitment, you can cancel any time.

Already a subscriber? Log in