M&A Deal Summary

Pure Watercraft Acquires ELUX Marine

On January 5, 2021, Pure Watercraft acquired marine company ELUX Marine

Acquisition Highlights
  • This is Pure Watercraft’s 1st transaction in the Marine sector.
  • This is Pure Watercraft’s 1st transaction in the United States.
  • This is Pure Watercraft’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-01-05
Target ELUX Marine
Sector Marine
Buyer(s) Pure Watercraft
Deal Type Add-on Acquisition

Target

ELUX Marine

Mayer, Minnesota, United States
ELUX Marine is an electric luxury pontoon boat manufacturer. ELUX Marine was founded in 2017 and is based in Mayer, Minnesota.

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Buyer(S) 1

Buyer

Pure Watercraft

Seattle, Washington, United States
Category Company
Founded 2011
Sector Marine
DESCRIPTION

Pure Watercraft, Inc. is an electric boating technology provider. The Company delivers innovations that make boating more enjoyable and accessible for everyone, and more sustainable for the planet. Pure Watercraft was founded in 2011 and is based in Seattle, Washington.

DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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