Company: INOV8V Marine Group
Business Type: Marine Electronics
UK & International Business Sales and M&A News
The owner of three marine technology companies has announced the formation of a new company, INOV8V Marine Group, encompassing all three legacy brands.
Roger Fellows, owner of Western Marine Electronics (WESMAR), Arcturus Marine Systems (ABT-TRAC), and SmartCatch, has combined the three marine technology companies into INOV8V Marine Group, which will produce a more complete, higher-performing product line, with improved after-sales service.
WESMAR, based in Washington USA, introduced the world’s first solid-state sonar in 1965. Its technological breakthroughs fall into three segments: sonar, vessel stabilisers, and bow and stern thrusters, with its innovations including the world’s first video sounder, first continuous picture colour sonar, and the introduction of the first dual-propeller counter rotational bow thruster.
California-based ABT-TRAC began as Arcturus Marine Systems in 1986. Best known in the yachting industry, ABT-TRAC specialises in stabilisers, bow and stern thrusters, and hydraulic systems. Its innovations include electrically-driven stabilisers that deliver hydraulic performance without hydraulic overhead.
SmartCatch began in 2012 in San Francisco with the mission of using innovative ‘eyes in the net’ underwater video technology to maximise commercial fishing profitability while reducing wasteful destruction of non-target fish, or bycatch.
Fellows commented:
“Whether operating pleasure yachts or commercial fishing vessels, our customers demand performance, reliability and aftermarket support. INOV8V Marine Group is in a stronger position to deliver than our component brands would be by themselves.
“Whether for pleasure or business, our customers tend to be people who find themselves in demanding marine environments, far from home. They value systems that perform. We founded INOV8V Marine Group to deliver safety, pleasure and profit to the people who need them most.”
Roger Fellows - Founder and Owner of INOV8V Marine Group
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