MarineTech

What MarineTech does

CMP Group Ltd., operating under the input designation MarineTech, is a privately-held Canadian marine products manufacturer headquartered in Delta, British Columbia, with operating facilities in Canada, the United States, Italy, and China. Founded in Vancouver in the early 1900s as a local foundry, the company has evolved into a multi-brand marine platform organized around four product pillars: Corrosion Protection (Martyr Anodes), Ground Tackle (Rocna Anchors), Dock and Boat Accessories (Dock Edge+, Sanitation Equipment, Panther Marine Products, Titan Marine Products), and Steering and Controls (Octopus Autopilot Drive System, Intellisteer Wireless Steering, EZ-Steer, Trollmaster). The company also manufactures proprietary core products — CMP Couplings and CMP Cordage — and offers contract manufacturing services spanning high pressure die casting, CNC machining, and metal forming.

The business operates a hybrid manufacturer-plus-distributor model: it produces proprietary marine hardware in-house and distributes an extended portfolio of acquired specialty sub-brands, each retained under its original identity. Revenue is generated through direct e-commerce (shop.cmpgroup.net), 11 brand-specific websites, and broader channel distribution into recreational, commercial, and military marine end-markets. Distribution is supported by owned social media properties, email newsletters, blog content, and a social community hub. Founder and President Larry Grundtner leads the company, which remains privately held with no disclosed parent company or institutional investors.

Marketing assets, warranty programs, and career postings indicate ongoing customer engagement and modest hiring activity, while the absence of disclosed revenue, headcount conflicts between sources, and lack of public filings limit financial visibility. The company's strategic posture in 2025 is line-extension across docking, steering, and wireless trolling categories, combined with consolidation of multi-brand distribution into a unified storefront.

Name

MarineTech

Legal name

CMP Group Ltd.

Website

https://marinetechproducts.com

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

11–50 employees

Short description

MarineTech is a privately-held Canadian marine products manufacturer and multi-brand platform (CMP Group Ltd.) producing corrosion protection, anchors, docking accessories, steering systems, and marine hardware for recreational, commercial, and military mariners globally.

Ownership category

akta.pro rank

Product category

Marine Equipment and Hardware

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Ship Building and Repairing (336611)

SIC

General Industrial Machinery & Equipment (3560), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Marine MRO Parts & Consumables Distribution (TLAKAOAJ)

akta.pro secondary industry

Marine Outfitting & Interior Refurbishment (TLAKAKAL)

Keywords

• Marine hardware products
• Corrosion protection anodes
• Marine steering controls
• Dock and boat accessories
• Precision marine casting

Headquarters

HQ city

White Bear Lake

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Distribution channels2 records

Marketing channels5 records

Core offering

MarineTech (operating as CMP Group Ltd.) is a global marine products manufacturer and multi-brand distributor that produces proprietary marine couplings and cordage and distributes an extensive portfolio of marine brands organized across four pillars: corrosion protection (Martyr Anodes), ground tackle (Rocna Anchors), dock and boat accessories (Dock Edge+, Sanitation Equipment), and steering and controls (Titan Marine, Panther Marine, Trollmaster, EZ-Steer, Octopus Autopilot Drive System, Intellisteer Wireless Steering). The company also offers contract manufacturing services including high pressure die casting, CNC machining, and forming services, with production facilities in Canada, the United States, Italy, and China serving recreational, commercial, and military maritime customers.

Product overview

CMP Group is a multi-brand marine products platform that operates as both a manufacturer and distributor. The company produces proprietary products including CMP Couplings, CMP Cordage, and offers manufacturing services (High Pressure Die Casting, CNC Machining, Forming Services). Complementing its manufacturing capabilities, CMP Group distributes an extensive portfolio of sub-brands across four core categories: Corrosion Protection (Martyr Anodes), Ground Tackle (Rocna Anchors), Dock & Boat Accessories (Dock Edge+, Sanitation Equipment), and Steering and Controls (Titan Marine Products, Panther Marine Products, Trollmaster, EZ-Steer, Octopus Autopilot Drive System, Intellisteer Wireless Steering). This platform-plus-distribution model serves military, commercial, and recreational mariners with products spanning the full marine equipment spectrum.

Differentiator

Problem solved

Functional benefit

Brands

• Martyr Anodes: Corrosion protection anodes for marine applications
• Rocna Anchors
• Dock Edge+
• Titan Marine Products
• Panther Marine Products
• Octopus Drives
• Intellisteer
• Ez-Steer
• Trollmaster
• Sanitation Equipment
• CMP Cordage
• CMP Couplings

Products and services

• Martyr Anodes Sacrificial cathodic protection anodes for marine applications, providing corrosion protection to prevent metal deterioration on boats, marine vessels, and structures.
• Rocna Anchors High-performance marine anchors, including the Rocna Mk II, designed for secure mooring and ground tackle applications for recreational and commercial vessels.
• Dock Edge+ Dock and boat accessories including the new Reversible Fender Covers, cleats, and mooring solutions for safe vessel docking.
• Titan Marine Products Marine steering and control accessories for recreational boats, including throttle controls and steering components, plus associated marine accessories.
• Panther Marine Products Electro-steer and steering solutions for marine vessels, including autopilot-compatible steering systems.
• Trollmaster Wireless Trolling Motor Controls Wireless trolling motor controls and angler accessories for fishing applications, including the new PRO Angler Wireless product.
• EZ-Steer Universal Steering System Universal steering system providing easy-to-install steering solutions for boats, with the EZ-Steer Universal System as the featured offering.
• Octopus Autopilot Drive System Autopilot drive systems for automated vessel steering and navigation assistance on marine vessels.
• Intellisteer Wireless Steering Wireless steering control system by Octopus enabling remote or automated steering capabilities for marine vessels.
• Sanitation Equipment Marine sanitation systems and equipment for vessel waste management aboard recreational and commercial boats.
• CMP Couplings Proprietary marine coupling products manufactured by CMP Group for marine propulsion and drivetrain applications.
• CMP Cordage Marine rope and cordage products for mooring, towing, and general marine line applications.
• High Pressure Die Casting Precision metal casting manufacturing service using high pressure die casting for marine hardware components, offered as a contract manufacturing service.
• CNC Machining CNC precision machining service for marine component manufacturing, offered as a contract manufacturing capability.
• Manufacturing Services Comprehensive contract manufacturing services from product design to packaging for marine industry products, delivering cost-efficient production expertise in every phase.
• Forming Services Metal forming services for marine hardware and components, offered as a contract manufacturing capability.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered unspecified.

• ShibataunspecifiedOthersShibata is mentioned as one of the leading companies in the global marine fender market, with projections indicating market growth from USD 460.0 million in 2025 to USD 661.5 million by 2035.
• M.I.C.unspecifiedOthersM.I.C. is identified as a leading company in the global marine fender market alongside Shibata, operating in the pneumatic fender segment which holds approximately 41% market share.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brunswick Corporation: Diversified marine conglomerate owning Mercury Marine, Boston Whaler, and several parts/accessories brands. A broad incumbent with overlapping product categories to CMP Group but operates at much larger scale and includes boat manufacturing.
• Yamaha Marine: Major outboard engine and marine products manufacturer with steering and control accessories. A broad incumbent overlapping with CMP Group's Steering & Controls and recreational marine customer base.
• Garmin: Global leader in marine electronics including chartplotters, autopilots, and integrated steering systems. Competes directly with CMP Group's Steering & Controls pillar but from a much larger electronics platform with proprietary software ecosystems.
• Navico (Simrad, Lowrance, B&G): Marine electronics conglomerate producing autopilots, steering, and navigation systems under Simrad, Lowrance, and B&G brands. A broad incumbent that competes with CMP's steering/autopilot brands through integrated electronics suites.

Direct peers

• T-H Marine Supplies: Manufacturer and distributor of marine accessories including anchors, dock products, and steering components. Closely comparable to CMP Group's multi-category accessory model across recreational boat segments.
• West Marine: Large US-based marine accessories retailer and distributor selling anchors, fenders, steering, and safety gear. Directly comparable to CMP Group's product portfolio and multi-brand go-to-market, though West Marine is more retail-led versus CMP's manufacturer-distributor model.
• Perko: Manufacturer of marine lighting, hardware, and navigation products including anchors and dock accessories. Directly comparable to CMP Group's marine hardware and accessory lines serving both OEM and replacement markets.
• Attwood Corporation: Manufacturer of marine hardware, lighting, fuel systems, and accessories for recreational boats. Highly comparable to CMP Group's Dock & Boat Accessories and Steering & Controls pillars, serving the same OEM and aftermarket channels.
• Lenco Marine: Manufacturer of marine trim tabs, steering, and autopilot accessories. Directly comparable to CMP Group's Steering & Controls pillar (Octopus, EZ-Steer, Intellisteer) and serves the same recreational boating aftermarket.

Emerging players

• Shibata Industrial Co. Leading Japanese manufacturer of marine fenders and related port-side products. Explicitly identified in market data as a marine fender competitor alongside CMP Group's adjacent corrosion-protection and dock accessory lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/@CMPGLOBAL
• Facebookfacebook.com/CMPGroupLtd
• LinkedInlinkedin.com/company/marinetech-products-inc
• Instagraminstagram.com/cmpgroupltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MarineTech