Ira Trocki, owner of Egg Harbor Yachts, hopes current Silverton Marine Corp. and Ovation Yachts dealers not only will continue to carry the lines, but will find opportunities with Egg Harbor’s current lines, too.
A New Jersey bankruptcy judge approved the sale last week of Ovation and Silverton to Egg Harbor.
“This [purchase] gives us a very large range of products to offer customers,” Trocki told Soundings. “We believe the way to do this is through enhanced dealer networks. We want to give the opportunity to Silverton and Ovation dealers to not only continue with Ovation and Silverton, but to also bring our products into the fold. That gives a larger opportunity for customers to find what they want and gives them the opportunity to grow when we grow.”
Egg Harbor currently builds Buddy Davis Editions, with 28-foot and 34-foot center console outboards and 38-foot express outboards; Davis Yachts semicustom sportfish and express yachts between 48 and 70 feet; Egg Harbor Yachts 37-foot, 43-foot, and 50-foot luxury sport yachts; Predator’s 35-foot walkaround express and 35 express sportfish cruisers; and Topaz 40- and 33-foot express cruisers.
Trocki plans to move the production of Silverton and Ovation into his existing facility in Egg Harbor City, N.J., and plans to rehire some of the workers let go when Silverton stopped production in February before filing for Chapter 11 restructuring.