Bolton Marine Group acquires Daigle Marine


(CAMPBELL RIVER, British Columbia) — Bolton Marine Group has announced that it has acquired Daigle Marine, one of the nation’s leading commercial boatbuilders. Founder Steve Daigle and co-owner Bob Kristmanson completed the private sale.

As a wholly owned subsidiary of Bolton Marine Group, Daigle Marine, based in Campbell River, will operate as a separate company with the continuity of the management team, work force and physical facilities. Managing Director Torry Wannenwetsch will lead the entity. Daigle and Kristmanson will remain active in the business through a transition period.

Founded in 1985, Daigle Marine is a custom aluminum boatbuilder. Its EagleCraft boats range from water taxis, crew boats, patrol vessels and general working craft to recreational fishing boats and luxury cruisers.

Owned by Byron and Sheryl Bolton, Bolton Marine Group features market-leading brands, Armstrong Marine, Duckworth, KingFisher, Northwest and Weldcraft.

Daigle Marine competes in the recreational and commercial vessel market. This strategic acquisition will increase Bolton Marine Group's overall footprint in the government and commercial markets. Bolton Marine Group will participate in the growth of this sector through ownership and synergies of Daigle Marine and Armstrong Marine, and to meet its customers’ requests for custom boats by offering products built by one of the most renowned custom commercial boatbuilders in the world.

Bolton Marine Group has a far-reaching distribution network, strong capital resources, efficient production and increasingly advanced information systems. It said it is in a position to make substantial investments Daigle Marine requires in production and operations to keep pace with its customers’ growth and new business opportunities without sacrificing quality.

By Professional Mariner Staff