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Why did Donzi fail?

Old 12-13-2020, 10:57 AM
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Originally Posted by thirdchildhood
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.
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Old 12-13-2020, 12:47 PM
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Originally Posted by Jupiter Sunsation
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.
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Old 12-13-2020, 04:12 PM
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Originally Posted by Indy
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.
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Old 12-13-2020, 04:39 PM
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Originally Posted by 1960brookwood
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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The following 4 users liked this post by Indy:
Interceptor (12-14-2020), Perfect Storm (12-14-2020), thirdchildhood (12-13-2020), Twin O/B Sonic (12-14-2020)

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