Nautical Ventures Group Partners with Nimbus Group Adding New Nimbus Models Across Floridas West Coast
Fort Lauderdale, Florida, August 14, 2025 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a leader in premium on‑water experiences and the owner of Florida‑based dealership network Nautical Ventures, today announced that Nautical Ventures has entered into a Letter of Intent with Nimbus Boats USA to exclusively distribute Nimbus powerboats on Florida’s West Coast.
Nimbus’s Tender, Commuter, Weekender and Coupe series are recognized worldwide for their Scandinavian design, versatile layouts and meticulous construction. With more than seventy years of heritage, Nimbus is one of the most respected powerboat builders in Europe and North America, and the largest Scandinavian boat builder by volume. Upon entering into definitive agreements, which the parties expect to conclude by March 31, 2026, Nautical Ventures would be authorized to promote, sell and service these models in Florida’s West Coast region beginning August 1, 2025.
“Adding Nimbus to our lineup will be a strategic move to broaden our product portfolio and serve customers who are seeking premium day‑cruiser and weekender boats,” said Alexandre Mongeon, Co‑Founder and Chief Executive Officer of Vision Marine. “Our vision is to curate the best selection of boats on the market and deliver an elevated on‑water experience. This partnership will expand our reach in Florida, leverage the sales and service capabilities of Nautical Ventures and align with our plan to build a diversified portfolio that addresses high‑margin segments. We believe it will position us to capitalize on strong consumer demand and favorable market trends, while continuing to support and grow our existing brand relationships.”
The Nimbus partnership is one of several initiatives Vision Marine is pursuing as it structures and expands its brand portfolio under new leadership. In June 2025, the Company acquired Nautical Ventures, a Florida‑based recreational boat dealership, marina and service provider widely recognized as one of the top networks in the United States and the number‑one Axopar dealership worldwide. Nautical Ventures operates nine high‑volume retail locations across Florida and distributes a diverse range of premium brands— including Axopar, Beneteau, Brabus, Edgewater, Highfield, NorthStar, Smokercraft, Wellcraft —serving customers from pontoons to luxury yacht owners. The acquisition created North America’s first electric boat propulsion and multi‑brand retail company, combining Vision Marine’s high‑voltage E‑Motion™ powertrain and electric boats with Nautical Ventures’ established sales and service infrastructure. Integrating Nimbus into this platform is part of a broader strategy to offer consumers the best products across propulsion types while supporting long‑term growth for all brands in the Nautical Ventures family.
For more information contact Roger Moore at +1 954 609 5276 or email: 007@nauticalventures.com
About the Companies:
Nautical Ventures Group is a Boating Industry Top 100 Dealer and one of the most recognized multi-brand marine retailers in the U.S., offering premium boat lines like Axopar, Starcraft, EdgeWater, Wellcraft and more across multiple Florida locations.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a global leader in electric marine propulsion systems, known for its E-Motion™ high-voltage outboard powertrain, currently being adopted across various recreational and commercial vessels.
Nimbus Boats USA is the American arm of Nimbus Group, a global leader in the design and manufacture of luxury powerboats. With more than seventy years of heritage, Nimbus has earned a reputation for quality, safety, and innovation, and is the largest Scandinavian boat builder by volume. Its award‑winning Tender, Commuter, Weekender and Coupe series are sold through an extensive international dealer network spanning more than fifty countries.
Media Contact
Organization: Nautical Ventures
Contact Person: Frank Ferraro
Website: http://www.nauticalventures.com
Email: Send Email
Contact Number: +19549265250
Address: 1400 S. Federal Hwy. Ft. Lauderdale, FL 33316
Country: United States
Release Id: 28082533049