New Zealand aluminium boatbuilder Extreme Boats has entered a new era following a major ownership shift. A consortium led by James Horman, a well-known marine industry figure and managing director of Farnley’s Yamaha, has purchased the company, with members of the existing management team also taking equity stakes. Horman has stepped into the role of managing director, with the business now operating under the new structure, Extreme Boat Holdings.
In a statement, the company noted: “We’re excited to announce a new era for Extreme Boats with a change of ownership led by a familiar face in the marine industry, along with the existing management team who are also invested in the company and ready to drive Extreme Boats to the next level. A massive thank you to Glenn and Di Shaw for the incredible legacy they created over 25 years ago, building a company that has become New Zealand’s most award-winning aluminium boat manufacturer.”
Extreme Boats has been a strong advocate for aluminium’s environmental and practical strengths, using marine-grade plate (minimum 5mm hull thickness, with 6mm and 8mm options available) and welding key fittings such as rod holders, cleats, and rails for added durability. Aluminium’s recyclability also resonates with today’s boaters, with more than 75% of all aluminium ever produced still in circulation. Under the Shaws’ leadership, Extreme Boats became New Zealand’s most awarded aluminium boatbuilder, known for its Fisher and Game King series and for designs that have become icons of Kiwi boating. With Horman and the management team now leading the business, Extreme Boats emphasises that the shift signals continuity rather than change. Its Whakatāne headquarters, workforce, and dealer network remain in place as the company looks to build on its reputation for craftsmanship and expand further into international markets.
