Business

Business

Volvo Penta Acquires Seven Marine

11-Sep-2017

In an effort to expand the scope of its products, Volvo Penta has acquired Germantown, Wisconsin-based Seven Marine. Seven Marine was founded in 2010 and is known for producing the most powerful outboard models in the world, which clock in at 556 and 627 hp. Volvo Penta has been in the engine game for more than 110 years with its own impressive list of technological accomplishments. Volvo Penta hopes the combination of the two companies will result in an innovative engine range that reaches a larger market segment. Despite the merger, Seven Marine will continue to operate as a standalone company with its own brand, product line and organizational structure.

 

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