Woodbridge Sells Wing Inflatables to Armada

MarineLink.com
Thursday, July 11, 2013

Woodbridge International announced the sale of its client, Arcata, California-based Wing Inflatables, Inc. to Armada Acquisition Group of San Francisco, California.


Wing Inflatables is a supplier of tubes, sponsons, and foam collars to the high-end inflatable boat and rigid inflatable boat market. Wing has recently designed and is launching a family of entirely new inflatable boats and accessories geared to the military Special Forces market.


"Our new combat raiding crafts, the P4.7 and P5.8, brings Wing into new markets and into a new level of growth," said Elizabeth Wing, vice president of Wing Inflatables. "The time was right to bring in new resources that can help manage the growth, not only domestically but worldwide. Armada's level of energy and enthusiasm combined with their success in growing companies in the past has convinced us that Armada is the best partner for us at this time."

 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Kongsberg Expands Louisiana Office, Training Facility

Kongsberg Maritime has purchased approximately 5.2 acres for new construction on an 82,980 sq ft office and training facility. Construction on the James Business

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

Sjo Resigns from Polarcus Board of Directors

Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015.   Sjo has accepted an appointment as Deputy Director

Mergers & Acquisitions

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

ISS Palumbo UK Acquires Union Transport

ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd.

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1147 sec (9 req/sec)