VMAR · Categories · M&A
VMAR - Mergers and acquisitions
Vision Marine Technologies Inc. (VMAR) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for VMAR
- Vision Marine Secures Key Industrial Tooling to Meet Growing Demand in the Marine IndustryMONTREAL, May 30, 2023 (GLOBE NEWSWIRE) -- Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneering force in recreational electric marine propulsion, proudly announces the acquisition of critical industrial tooling to support the production capacity of over 10,000 battery packs per year. This strategic milestone firmly establishes Vision Marine as a frontrunner in meeting the escalating demand for electrified marine solutions. Over the past two years, Vision Marine, in collaboration with its partners, has developed the industry's first monolithic marine-dedicated battery pack, meticulously engineered to power the E-Motion™ Powertrain. These state-of-t
- Vision Marine Acquires Complimentary Intellectual Property Assets from MAC Engineering, a Ground-Breaking Designer of Electric Vehicle Propulsion and Battery Management SystemsMONTREAL, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (Nasdaq: VMAR) (“Vision Marine” or the “Company”), a leader in transforming the boating market by designing and manufacturing environmentally friendly electric boats and propulsion systems, is pleased to announce today that it has acquired MAC Engineering's intellectual property relating to marine outboard electronic systems. MAC Engineering, the European distributor of the UQM brand, and one of the global leaders in medium and high-power electric motors in the USA, is the highly regarded designer of propulsion and battery management systems and components for electric vehicles. Under the terms of the transaction