By Mercury Marine
Mercury Marine’s parent company Brunswick Corp. has entered into an agreement with Sweden-based Nimbus Boats to acquire the company’s joint venture interest in Finland-based Bella Boats.
Financial terms of the deal were not disclosed. For the past 15 years, Mercury Marine has benefitted from this successful joint venture with Bella Boats, led by founder Raimo Sonninen.
The acquisition is expected to close before the end of the year, subject to the usual and customary closing conditions. It will provide Nimbus ownership of all Bella brands including Bella, Flipper, Falcon and Aquador.
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