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Limestone Boats Acquires Ebbtide Holdings

Limestone Boats Acquires Ebbtide Holdings Author: May 19, 2021 Limestone Boats said it completed its acquisition of Ebbtide Holdings, the manufacturer of the Aquasport and Boat Bay brands, the company The purchase includes $3.75 million in cash and $2.5 million of Limestone common shares on the Toronto Venture Exchange. Limestone plans to expand the production and the model range of the Boca Bay and Aquasport brands (top). In addition, the builder brokered a private placement investment of $14 million to fund the cash portion of the acquisition and to provide working capital. The Ontario-based company assumes control of Ebbtide’s 145,000-square-foot facility in White Bluff, Tenn. Limestone had relocated its manufacturing there

ongoing by Tim Bray · Hydrofoiling

I was standing on a floating dock on a Pacific-ocean inlet, a place where it’s obvious why motorboats are such an environmental disaster. Fortunately lots of other people have noticed too and it looks increasingly that more people will be able to enjoy Messing About In Boats without feeling like they’re making Greta Thunberg justifiably angry at them. Hm, this piece got kind of long. Spoiler: I’m here mostly to talk about electric hydrofoil boats from Candela, in Sweden, which look like a genuinely new thing in the world. But I do spend a lot of words setting up (separately) the electric-boat and hydrofoil propositions, which

Vision Marine acquires intellectual property assets of MAC Engineering, Montagne named CTO

IBI Premium Content, by Tony Esposito2021-02-23T14:19:00 MAC’s CEO will be joining Vision Marine as chief technology officer Vision Marine Technologies has acquired the intellectual property rights to MAC Engineering’s propulsion and battery management systems. Under the terms of the transaction… To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content. This is premium content signed-in to access this content.   Want to read some premium content, but don’t need unlimited IBI Plus access? Then go for the IBI Upgrade package which, for the cost of a couple of coffees a week:

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