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-   -   Why did Donzi fail? (https://www.offshoreonly.com/forums/general-boating-discussion/369605-why-did-donzi-fail.html)

Jupiter Sunsation 12-13-2020 10:57 AM


Originally Posted by thirdchildhood (Post 4769065)
What did they sell? Some people from Donzi were trying to buy the company before Iconic got it. Also, for the record, Donzi never filed bankruptcy although they were certainly getting close to that point.

Not true: 2012
https://www.tradeonlytoday.com/manuf...nkruptcy-again


Parties included in the case are: American Marine Holdings, Donzi Marine, AMH Government Services, Baja Marine, Fountain Dealers’ Factory Super Store, Fountain Powerboats Industries Inc., Fountain Powerboats Inc., Fountain Powerboats LLC, Palmetto Park Financial and Pro-Line Boats.

thirdchildhood 12-13-2020 12:47 PM


Originally Posted by Jupiter Sunsation (Post 4769088)
Not true: 2012
https://www.tradeonlytoday.com/manuf...nkruptcy-again


Parties included in the case are: American Marine Holdings, Donzi Marine, AMH Government Services, Baja Marine, Fountain Dealers’ Factory Super Store, Fountain Powerboats Industries Inc., Fountain Powerboats Inc., Fountain Powerboats LLC, Palmetto Park Financial and Pro-Line Boats.

OK, before they were acquired by Iconic Marine Group they had not filed bankruptcy.

1960brookwood 12-13-2020 04:12 PM


Originally Posted by Indy (Post 4769063)
If he owns Donzi, maybe he should. Why own it if you don't care?

The wife and I work for a fortune 500 company that is in the grandsons care. He is very straight forward about not giving a $hit about anything except his profits.

Indy 12-13-2020 04:39 PM


Originally Posted by 1960brookwood (Post 4769116)
The wife and I work for a fortune 500 company that is in the grandsons care. He is very straight forward about not giving a $hit about anything except his profits.

Understand, I guess if you're in it for profits why buy a boat company?


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