Hodgdon Yachts and Boothbay Region Boatyard announces merger

Hodgdon Yachts and Boothbay Region Boatyard announced yesterday that they have signed a letter of intent to merge Boothbay Region Boatyard in Southport and Wotton's Wharf in Boothbay Harbor with Hodgdon Yachts. The merger is expected to be finalised this spring.

Timothy Hodgdon, President of Hodgdon Yachts said, "Combining Boothbay Region Boatyard's outstanding facilities in Southport and Wotton's Wharf in Boothbay Harbor with our facilities in East Boothbay, Richmond and Damariscotta will create one of Maine's largest, full-service marine companies. We look forward to continuing to serve Boothbay Region Boatyard's existing customers while aggressively pursuing opportunities to grow the combined business."

Boothbay Region Boatyard will continue to provide maintenance and repair service for yachts up to 80 feet. Hodgdon added, "The team at Boothbay Region Boatyard is highly regarded for their service capabilities and expertise in fiberglass, ship carpentry, finish, and electrical and mechanical services. We look forward to welcoming them to the Hodgdon Yachts team."

For more information please visit www.hodgdonyachts.com