Boating New Zealand - July 2018

(Nora) #1

88 Boating New Zealand


sk any Kiwi boatie to name the irst brand of marine
stereo that comes to mind, and the name most likely to
come out is ‘Fusion’.
his market leadership is the result of nearly two
decades of continuous growth since Fusion was founded
in a shed by Kurt McNall in 1998. He was soon joined
by brother Stuart and father Colin, and they worked hard in those formative
years to develop a name for reliable and stylish innovation.
he investment in 2006 by Sir Peter Maire, better known as the founder
of Navman, gave the company the capital it needed to expand its product
range and enter into new markets.
What most Kiwis are probably not aware of, though, is that this domestic
market dominance also extends beyond our shores. According to managing
director Chris Baird, the company leads the market throughout Europe. In
fact, 75 percent of boats manufactured in Europe will likely come with one
of Fusion’s extensive range of marine stereos factory-installed.
he USA is an even more competitive market, with 17 or 18 brands
of marine entertainment systems available. hese include the massive
Japanese brands like Sony, Kenwood and Clarion, and yet, even in this
heated market Fusion is still the dominant brand. Baird says Fusion’s had
steady growth in this region for the last decade, helped by its acquisition by
electronics giant Garmin in 2014.
Fusion now focuses entirely on the premium marine audio market; it
abandoned its car audio range last year, citing the fact that car audiophiles
are in decline and that this had become a low-margin business where price is
more important than good sound.

A


WORDS BY
NORMAN HOLTZHAUSEN
PHOTOGRAPHY
SUPPLIED

feature


Boating to a beat

BELOW Fusion
Entertainment has
developed a global
reputation for its range of
quality marine electronic
products.
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