As if Seven Marine needed an excuse to bring even more power to the table, Volvo Penta has just signed on as the majority owner of the outboard manufacturer in a bid to extend the brand further than ever before.
“With this acquisition, Volvo Penta is entering the outboard motor segment, says Volvo Penta president, Björn Ingemanson. “With Seven Marine, we are on a journey to expand the scope of supply with our customers and invest in the growth of a platform to shape the future of the outboard industry.” (www.volvopenta.com)
The acquisition will undoubtedly benefit both companies, with Volvo Penta gaining a cutting edge solution to delivering power regardless of the source. And Seven Marine will be able to focus on advancing their current models while at the same time expanding to offer a wider range of solutions to their customers’ various needs and wants.