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Cyclops Marine 2023 November - LEADERBOARD

Eric R. Graczyk acquires Offshore Spars

by Offshore Spars 12 Feb 2022 13:03 PST
Eric R. Graczyk acquires Offshore Spars © Offshore Spars

Eric R. Graczyk has acquired Offshore Spars, a global leader in designing and manufacturing composite spars and structures for the sailing and Superyacht industries. The business was acquired from Steven L. King, who served as the President of Offshore Spars for the last nine years. He sold 100% of his shares of the company in January 2022.

Steven says, "As a dedicated employee of Offshore Spars for the last seventeen years, I am very proud of how the company has grown and succeeded as a premier worldwide supplier of sailboat spar systems. Nine years ago, I accepted the ownership reins from founder Michael Feldman and have thoroughly enjoyed my time at the helm of this great organization!

"It's now time to pass the torch to the new owner, Eric Graczyk. I look forward to working alongside Eric to maintain Offshore Spars' presence and reputation in the Marine industry, in addition to seeking growth opportunities in other sectors."

Eric R. Graczyk is a Michigan native and comes to Offshore Spars from a 20+ year career in the Automotive and Transportation manufacturing industry. Eric brings with him a significant amount of business development, commercial, manufacturing, and engineering experience with various customers across many aspects of Transportation, Aerospace, and technology that will contribute to his mission of growing Offshore Spars and the company's capabilities.

Eric says, "I'm optimistic and excited about the future of Offshore Spars. We have a very talented global team that is integral to the success and evolution of the business.

"One of our primary objectives to continue fostering growth while delivering the highest quality of products is to combine traditional methods and aspects of the sailing industry with concepts, processes, and technology from the Automotive and Aerospace industries.

I'm committed to learning from our team, rethinking how we do things, and embracing new technologies to ensure we continue to deliver for our customers and exceed expectations."

To learn more, visit www.offshorespars.com

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