Vision Marine Technologies Acquires Nautical Ventures Group

Vision Marine Technologies Inc. announced its acquisition of Nautical Ventures Group, a leading Florida-based boat dealership, on June 23, 2025. This strategic move creates North America's first electric boat propulsion and dealership company. It combines Vision Marine's electric propulsion expertise with Nautical Ventures' extensive retail network. The acquisition positions Vision Marine to capitalize on the global electric boat market, projected to surpass $2.5 billion by 2030.

The transaction provides Vision Marine immediate access to one of the most active recreational boating markets in the world. Nautical Ventures operates nine high-volume retail locations across Florida, offering a wide range of marine brands. Vision Marine's CEO, Alexandre Mongeon, emphasized the acquisition's role in accelerating next-generation marine technology rollout. The move also diversifies Vision Marine's revenue streams, expanding direct-to-consumer sales and integrating Nautical Ventures' dealership services.