Vision Marine Expands with Nimbus Boats Distribution in Florida

Vision Marine Technologies Inc. has announced an exclusive Letter of Intent for the distribution of Nimbus Boats USA on Florida's West Coast. This strategic move aims to enhance Vision Marine's portfolio following the acquisition of Nautical Ventures, a well-established Florida-based dealership network. Named one of the top networks in the US, Nautical Ventures will now offer a premium lineup of Scandinavian-designed Nimbus models, including the Tender, Commuter, Weekender, and Coupe series.

Florida's market for powerboats, engines, and accessories is robust, generating $6.4 billion in 2023. The partnership is expected to capitalize on growing demand in adventure-style boats, a rapidly expanding category. Vision Marine's integration with Nimbus aligns with its strategy to diversify and build a high-margin portfolio, addressing consumer demand in Florida's recreational boating sector.