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ONEW - OneWater Marine to acquire Naples Boat Mart
OneWater Marine Inc.
Zhanna Hapanovich/iStock via Getty Images OneWater Marine (ONEW) entered an arrangement to acquire the assets of Naples Boat Mart, which will expand the company's presence on the West Coast of Florida and improve new and pre-owned boat sales, storage, service, and repair, and finance and insurance offerings. The commercial terms were not disclosed. Naples Boat Mart generated ~$30 million in sales over the past twelve months. The purchase is expected to close in Q4'21.