Motorboat cruiser manufacturer acquisition

Kadey-Krogen Group acquires American Tugs

A motorboat cruiser manufacturer has been acquired.

The Kadey-Krogen Group, builder of Krogen trawlers and the cruising brand Summit Motoryachts, has acquired American Tugs.

American Tugs was founded in 1999 by marine industry veterans who recognised the need for high-quality, US built coastal cruisers.

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