Finnish family-owned company Oy Otto Brandt Ab acquires Fenix Marin Oy
Otto Brandt Group becomes the biggest boat manufacturer in Finland with an annual production of approximately 7 000 boats with the acquisition of Fenix Marin Oy.The marine segment including boats and outboard engines has become increasingly important for Otto Brandt and the acquisition strengthens its strategy and boat production. Otto Brandt´s boat brands Terhi, Silver and TG are produced in six different factories in Finland. “We are excited to have Fenix Marin’s expertise added to the group. Our will is to continue as a multi-brand manufacturing plant. We wish to ensure the continued