Vision Marine Technologies Expands Leadership in Tender Market

Vision Marine Technologies Inc., based in Montreal, has expanded its influence in the global tender market. Following its acquisition of Florida-based Nautical Ventures Group, Vision Marine has become a key distributor for Highfield Boats, a leading tender manufacturer. The strategic move enhances Vision Marine's position, especially in North America.

Nautical Ventures, known for its high sales volume, bolstered Vision Marine's tender strategy with over 600 tenders sold from 2022 to 2024. Their Florida dealership network generates substantial revenue, cementing Vision Marine's leadership in the sector. The company also launched a Fort Lauderdale facility focusing solely on tenders.

CEO Alexandre Mongeon highlighted the importance of the tender segment for engaging new customers and emphasized the shift towards electric solutions. Vision Marine aims to capitalize on this trend through its high-voltage electric technology and expanded retail footprint. With a robust vertical integration model, Vision Marine plans to increase market share and deliver premium support, driving long-term shareholder value.