VEEE - Twin Vee PowerCats Acquires Bahama Boat Works, Merging Legacy Craftsmanship with Modern Innovation

2025-06-06 08:42:02 ET

DENVER, Colo., Jun 06, 2025 ( 247marketnews.com )- Twin Vee PowerCats (NASDAQ:VEEE) reported that it acquired Bahama Boat Works , known to the offshore fishing community for its craftsmanship and design.

This strategic acquisition marks the fusion of two prestigious marine legacies. Under the Twin Vee umbrella, Bahama Boat Works will continue to handcraft its vessels with the same attention to detail and durability that earned its reputation.

Joseph Visconti, CEO and President of Twin Vee PowerCats, said, “Moving forward, Bahama Boat Works under Twin Vee will continue to craft highly refined boats for discerning owners who demand the absolute best. From signature screwless hardware and flush-mount finishes to integrated state-of-the-art marine electronics and optimized hull designs, these boats will embody both tradition and progress. The new Bahama will represent a perfect harmony of timeless form and future-forward function honoring its past while driving boldly into the next era of boating excellence.”

A New Chapter for Bahama

The integration is designed to enhance Bahama Boat Works with Twin Vee’s advanced composite manufacturing capabilities, performance-driven design principles, and cutting-edge marine technologies. The result: a new generation of Bahama vessels that remain true to their heritage while pushing the boundaries of performance, efficiency, and design.

Scott Henley to Continue Leading Craftsmanship Excellence

Scott Henley, the master boat builder and visionary behind Bahama’s success will remain at the helm of production, ensuring that Bahama’s signature DNA—its quality, seaworthiness, and craftsmanship—remains intact and thrives within the Twin Vee organization.

With this acquisition, Twin Vee not only strengthens its market position but also affirms its commitment to delivering premium, American-made vessels to serious boaters worldwide.

For more information, visit: www.twinvee.com

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