TH Marine Acquires BHP Marine

Huntsville, AL – On January 28, 2021, T-H Marine completed its eleventh add-on acquisition. BHP Marine (“BHP” or the “Company”) has a proprietary product line and is an online retailer of marine anchoring and mooring products, as well as accessories. Signature product categories include anchors, anchor lines, dock lines, and fenders. The Company was founded in 2003 and headquartered in Mooresville, NC.

The acquisition of BHP offers T-H Marine complimentary product offerings with a successful, plug-and play ecommerce store and access to an invaluable network of customer relationships. Furthermore, the transaction deepens T-H Marine’s brand portfolio with the addition of sought-after brands including™, Norestar™, and Komo Covers®.

“We’re are excited about the acquisition of this dynamic company,” said T-H Marine CEO, Jeff Huntley. “The addition of BHP’s proprietary product lines will give us an immediate foothold in the anchoring and mooring categories. Furthermore, their customer base and reach will position us deeper into the saltwater fishing and pleasurecraft boat markets. The addition of BHP’s group of ecommerce specialists coupled with the expertise of our already strong team will further T-H Marine’s objective of capitalizing on the explosive growth opportunities presented in all of the aftermarket channels for all our brands. We will continue to aggressively seek great acquisitions, such as BHP, to increase the portfolio of awesome products that we offer to boating and fishing enthusiasts who love our brands.”