MarineMax signs exclusive deal to distribute Ducari luxury catamarans

MarineMax Inc. (NYSE: HZO) announced an exclusive agreement with World Cat to distribute Ducari Yachts, a new line of luxury power catamarans, according to a company statement.

The recreational boat and yacht retailer will sell Ducari Yachts exclusively through its network. The inaugural model, the Ducari 37XIV Sport, will initially be available at nine MarineMax locations in Florida.

"Our strategy of crafting long-term partnering relationships with leading boat builders led us to create this promising partnership with World Cat," said Brett McGill, Chief Executive Officer and President of MarineMax. "MarineMax understands the appeal of catamarans, having successfully grown our power catamaran business into one of the largest in the world."

World Cat and Ducari Yachts CEO Andrew Brown stated that "Ducari was purpose-built to focus on the luxury cruising segment. We hope to grow the entire catamaran category with this exciting new brand and have a real opportunity to showcase the performance of a double hull form as a premium option for boaters."

The Ducari 37XIV Sport will be available at MarineMax locations in Clearwater, Fort Myers, Harbour Towne, Jupiter, Miami, Naples, Pompano Beach, Sarasota, and West Palm Beach.

MarineMax operates as a recreational boat and yacht retailer, marina operator, and superyacht services company with over 120 locations worldwide, including over 70 dealerships and over 65 marina and storage facilities.

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