TRENTON — The new year began with the announcement that The Hinckley Co. had acquired neighboring luxury boatbuilder Morris Yachts, but according to both companies, the deal was based on synergy, not necessity.
Hinckley recently announced that Morris had “a great 2015 sales year” and had sold “several” of its popular M-Series boats, including the first M36x, expected to be launched in June. That gave Morris at least one sale of each of its three X-type models — the M29x, M36x and the M42x.
“The company is benefiting greatly from synergies with its new parent Hinckley around location, methodology and streamlined operations,” Pete Carroll, general manager of Morris operations, said in a recent statement. “Now, we are integrating Hinckley resources. Today we have twice the engineering capacity we had before.”
Cuyler Morris will remain with the company in a senior advisor role and Carroll will continue to oversee the day-to-day operations at the Morris shop in Trenton. Eric Roos has rejoined the Morris sales team.
Last year, Morris sold its Bass Harbor facility to focus on its boatbuilding operations in Trenton and the service operation in Northeast Harbor.