T-H Marine Supplies, LLC., of Huntsville, Alabama, is marking the completion of its 12th add-on acquisition after purchasing Designer Tool & Products, Inc. Prior to the acquisition, Designer Tool served as a leading supplier for T-H Marine, providing high-quality hatches, deck plates, and seals. For over a decade, T-H Marine brought those products to market under its “Designer” brand.
By acquiring Designer Tool, T-H Marine will gain immediate logistical synergies and broadened capabilities. Furthermore, as Designer Tool is combined with T-H Marine’s Innovative Plastics division, it will substantially increase hatch and deck plate production capacity, empowering T-H Marine’s sales team to offer more hatch products to more customers once the integration is complete.
“T-H Marine is excited to complete this vertical integration, acquiring our most valued hatch supplier,” said T-H Marine CEO, Jeff Huntley. “Bringing Designer Tool’s production and expertise in-house enables T-H Marine to aggressively expand our hatch and deck plate offerings. We are very glad that we can now allow more customers on board to use Designer-series products.”
“T-H Marine is also happy to work with the owner of a long-term supplier, allowing them to capitalize on the value of their business and begin retirement. T-H Marine is a perfect acquirer for smaller businesses in our industry and entrepreneurs of great boat products. If you’ve put hard work into your business and you might be ready to pass that along to a company that nurtures its acquisitions and is still family-run, T-H Marine is uniquely-positioned to help with that and allow you to reach your goals.”
“We will continue to pursue acquisitions of businesses, such as Designer Tool, to expand our reach and enable us to become an even more indispensable and reliable supplier to our fantastic customers.”