~ Becomes Exclusive Dealer For The United States ~
CLEARWATER, Fla.--(BUSINESS WIRE)--Oct. 26, 2012--
MarineMax Inc. (NYSE: HZO), the world’s largest recreational boat and
yacht retailer, today announced that it is has expanded its relationship
with Italy-based Azimut Benetti Group. The expansion with Azimut
encompasses areas such as the Midwest, including Ohio, Michigan and
Illinois, Texas, the northern Gulf Coast, and the West Coast of the
United States. With this geographic expansion, MarineMax is now the
exclusive Azimut dealer for the entire United States.
Azimut Benetti Group is the largest mega yacht manufacturer in the world
and the world's leading private group in the luxury boating sector.
Azimut manufactures luxury cruising models ranging from 40’ through
100’. A showcase of Italian luxurious design and powerful performance,
Azimut yachts are known for their stunning lines, luxurious
appointments, and dockside elegance. A leader in production, Azimut
Benetti has the most extensive sales network in the boating industry
worldwide.
William H. McGill, Jr., Chairman, President, and Chief Executive Officer
of MarineMax commented, “We are pleased to be able to expand our already
strong Azimut relationship. Azimut is one of the premier manufacturers
in the World with excellent support to dealers and customers. The
markets we have expanded into have substantial long-term potential for
MarineMax and Azimut. Historically, brand expansions such as this have
proven to be very accretive. We look forward to bringing the MarineMax
approach to these new markets for our Azimut customers.”
Paolo Vitelli, President of the Azimut Benetti Group said, “We are proud
to expand our business relationship with MarineMax, the world's largest
and most professional organization in yacht distribution. The design,
quality, and technology of our yachts are recognized in the States to
the point that Azimut Yacht is the number one European brand in North
America and, in certain segments, number one overall. This achievement
is the result of the combined efforts of Azimut and MarineMax.
Professionalism, commitment to customers, and the quality of service are
the strength points of MarineMax, which will make this partnership even
more successful.”
~ more ~
About MarineMax
Headquartered in Clearwater, Florida, MarineMax is the nation’s largest
recreational boat and yacht retailer. Focused on premium brands, such as
Sea Ray, Boston Whaler, Meridian, Cabo, Hatteras, Azimut Yachts,
Grady-White, Bayliner, Harris FloteBote, Zeelander, Nautique and Malibu,
MarineMax sells new and used recreational boats and related marine
products and provides yacht brokerage and charter services. MarineMax
currently has 53 retail locations in Alabama, Arizona, California,
Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota,
Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode
Island, Tennessee, and Texas and operates MarineMax Vacations in
Tortola, British Virgin Islands. MarineMax is a New York Stock
Exchange-listed company. For more information, please visit www.marinemax.com.
Certain statements in this press release are forward-looking as
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements including the availability of the Azimut
product line in MarineMax’s stores; the Company’s assessment that Azimut
is a premier manufacurer; the Company’s assessment that Azimut has long
term potential in the new markets. These statements involve
certain risks and uncertainties that may cause actual results to differ
materially from expectations as of the date of this release. These risks
include risks identified MarineMax’s Form 10-K and other filings with
the Securities and Exchange Commission.
# # #
Source: MarineMax Inc.
MarineMax, Inc.
Michael H. McLamb, Chief Financial Officer
Abbey
Heimensen, Public Relations
727-531-1700
or
ICR, Inc.
Brad
Cohen, 203-682-8211
bcohen@icrinc.com