All American Marine (AAM) has been sold to Bryton Marine Group. The sale was announced by AAM today.
Bellingham, Wash.-based AAM is known for its aluminum vessel design and manufacturing. AAM builds highly specialized vessels including high-speed catamarans, monohull cruise boats, research vessels and passenger ferries.
British Columbia-based Bryton Marine is a builder of 30' to 150' premium welded aluminum commercial, recreational and adventure boats. Family owned since 1992, the company's portfolio includes Brix Marine, EagleCraft, Duckworth, KingFisher, Northwest and Weldcraft boats.
"AAM is a formidable addition to our group," said Byron Bolton, Bryton Marine's CEO. "They are a great cultural fit with a highly talented team. Their keen focus on technological integration and commitment to shaping the future of hybrid-electric and hydrogen vessel implementation is inspiring."
All American Marine continues to forge new frontiers in vessel construction, from their ultra-low wake hydrofoil-assisted catamarans to some of the first hybrid-electric Coast Guard-certified Subchapter T and K vessels. AAM is currently putting the final touches on the world’s first hydrogen fuel cell powered electric passenger vessel.
“Over the years, Byron and I have gained a mutual respect while building solid companies with similar values and focus on culture," said All American owner and CEO Matt Mullett. "I wouldn’t turn the ownership of my business over to just anyone. I am convinced that with this transition, AAM is well positioned to continue building state-of-the-art boats for our valued customers, to be a place for our highly-talented employees to thrive, and to be a significant asset to the Bellingham-Whatcom County community."
Bryton Marine has strong capital resources, a wide distribution network, efficient production and increasingly advanced information systems. The company’s buying power and established systems will enable All American Marine to continue to pioneer cutting-edge marine solutions while operating as a standalone business within the group, the companies said.
"Matt Mullett and I have fostered a relationship based on common ground and experience," Bolton said. "He has built a great company, which now complements our group. Bryton now offers North America’s most comprehensive commercial aluminum vessel portfolio from 30’ to 150."
All American will continue to operate in Bellingham. Bolton assumes the role of CEO, with Mullett staying on in an advisory role. Ron Wille, AAM’s president, together with his management team, will lead the business. AAM’s skilled workforce will be retained.
"We are motivated to start this new chapter by joining forces with industry leading Bryton. We will continue to deliver industry leading products with the same high quality and superior service our customers have grown to expect,” said Wille.