Power Products, LLC Acquires Lenco Marine
MENOMONEE FALLS, Wisconsin – December 20, 2016 – Power Products, LLC announces its acquisition of Lenco Marine. Based in Stuart, FL, Lenco Marine is a recognized leader in the design and manufacture of trim tabs, actuators, hatch lifts, accessories, and the AutoGlide automatic trim tab control system.
“Lenco Marine is a recognized leader in innovation, product quality, and customer service in the marine industry since its founding in 1986”, said David Scheer, CEO-Power Products LLC. The acquisition of Lenco Marine greatly strengthens our Marine Division.”
Chris McClain, Division President – Power Products Marine added, “Lenco Marine has built a tremendous reputation in the Marine Industry. Their core values are an ideal fit with our philosophy of providing innovative solutions.”
Lenco Marine co-founder Richard DeVito commented, “We are very pleased to partner with Power Products as we take Lenco Marine to the next level of growth. Power Products is the industry leader in marine electrical products and systems, and we view this as a great strategic fit for our customers and employees.”
Lenco Marine will continue to operate in Stuart, FL under the current leadership team as the new partnership works together developing world-class products and solutions for the benefit of our mutual customers.
About Power Products Global Marine and Mobile:
Global Marine and Mobile, a division of Power Products, LLC, with its brands Ancor®, BEP, Blue Sea Systems, Marinco®, Mastervolt, and ProMariner designs and manufactures a broad product portfolio of electrical components and power management systems for the marine, Recreational Vehicle, Emergency Vehicle, Specialty Vehicle and Industrial markets. For more information, please visit www.ancorproducts.com, www.bep.com, www.bluesea.com, www.marinco.com, www.mastervolt.com, or www.promariner.com. Power Products, LLC is headquartered in Menomonee Falls, WI with facilities across the US, New Zealand, The Netherlands, Mexico, and China.
About Lenco Marine:
Founded in 1986, Lenco Marine, Inc. manufactures trim tabs, electric actuators, hatch lifts, switches and the all new Auto Glide Boat Levelling System. Lenco Marine is headquartered in Stuart, FL.
For further information please contact:
Power Products LLC
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