Leisure Product Holdings acquires Florida-based Marine Concepts/JRL Ventures
LPH strengthens its family of marine-based manufacturing firms
(February 2016) — Leisure Product Holdings, LLC, has acquired the assets of Marine Concepts/JRL Ventures Inc. with facilities in Sarasota and Cape Coral, Florida. Marine Concepts joins LPH’s family of brands that includes Marine Electrical Products, Florida Marine Tanks and Erwin Cole Enterprises.
For 40 years, Marine Concepts has specialized in designing, engineering and manufacturing of CNC plugs and composite molds for the boating industry. JRL Ventures is the non-marine division that designs, engineers and manufactures tooling for the aerospace, automotive, amusement, wind turbine and other industries.
“We are looking forward to the growth and synergistic opportunities this acquisition will bring to the LPH family,” says Bob Long, Marine Concepts/JRL Ventures CEO and National Marine Manufacturers Association Hall of Famer. Long remains with the company and joins LPH’s Board of Directors. JRL Ventures President Matt Chambers and the rest of its management team continue to serve in their current roles.
“This is an exciting opportunity for our whole portfolio, and allows us to offer more products and services to all of our customers,” adds J. Pearson, chairman of Leisure Product Holdings.