Dock company changes hands

Mick Webber, past owner and CEO of HydroHoist Marine Group, has purchased Marine Development Inc (MDI), a decades-long supplier of sustainable marina and dock solutions.

Founded in 1991 by Steve and Roger Otis, MDI builds and installs floating docks for commercial marinas, pump stations, wave attenuators, fuel docks and ship’s stores. Many examples of MDI’s work can be found on American lakes.
Webber, whose experience in the marine industry stretches more than 35 years and includes a deep understanding of next-generation docks, will lead his team while third- and fourth-generation members of the Otis family, Jeff and Jeremy Otis, will remain highly involved in day-to-day operations. Webber’s plan for the company is driven by innovation and developing strong industry relationships across the USA.
“We have such an amazing opportunity here to reach for more growth, while continuing an exceptional legacy laid out by the Otis family,” Webber said. “As has always been the case with MDI, we will fulfil our promises on time and on budget. I am eager to help MDI and the team focus on long-term sustainability and innovation. The key is retaining and developing the best people in the industry, maintaining exceptional support and delivering outstanding products to new and existing clients.”
www.marinedev.com