DiMillo's Yacht Sales acquires Acadia Yachts in Maryland
Portland-based DiMillo’s Yacht Sales announced Monday it had acquired Acadia Yachts Sales, a yacht dealership and brokerage firm in Oxford, Md.
In addition to the Oxford location, DiMillo’s said it will open a location at Shady Oaks Marina in West River, Md., just south of Annapolis.
DiMillo's, which has been working with Acadia since the Maryland firm’s inception in 2014, plans to roll it into the DiMillo’s brand, allowing for shared inventory and further shared resources. Both companies sell yachts built by Sabre Yachts, Back Cove Yachts and Coastal Craft.
DiMillo’s president, Christopher DiMillo, said the Shady Oaks Marina will develop into a show and demonstration dealership for new and used Sabres and Back Coves. DiMillo’s now has six locations.
Along with the two Maryland sites, DiMillo’s has Maine locations in Portland, Belfast and Freeport, as well as Glen Cove, N.Y.
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