BRS acquired Marine Depot

[nly04]

Press Release - Bulk Reef Supply has acquired Marine Depot - Bulk Reef Supply

Bulk Reef Supply - Saltwater Aquarium Supplies for Reef Tanks

www.bulkreefsupply.com

 

[Da_Neefer]

If you delve into the fine print, you'll need to go in and save your order history soon as it won't be transferred. You'll want the history (if you didn't save your email receipts) for warranties, returns, etc as they'll be honored.

 

[JVU]

One fewer good retailer option in the hobby, and one fewer company for BRS to have to compete with on quality. Lots of products were carried by MD but not BRS, presumably will no longer be available. I see this as basically the same thing as MD closing, but with BRS honoring their outstanding warranties, buyer programs, etc.

 

[IOnceWasLegend]

In addition to the anti-competitive aspects of this, I'm going to be pretty disappointed if they shut down the CA operation given it typically arrived faster than BRS.

 

[The_Lazy_Reefer]

I’m on(was on now)team marine depot so from what I’ve heard the popular products like aquamaxx and the like will be carried on BRS so those products will find a new home. My guess is they will use the west coast warehouse and this will improve BrS ship times to us so perhaps there’s no loss besides the fact that less competition is never a good thing for consumers.

 

[CaseyP]

Not too surprised. Earlier this year BRS was partially acquired by a private equity firm. That's business when there's a new injection of capital and new growth driven leadership.

 

[Kensington Reefer]

Oh wow!
I knew there was something going on at MD when I last ordered and the salesman was no longer there, after many many years

 

[Patio]

I need to go spend my MD reward points asap.

 

[BAYMAC]

I’m on(was on now)team marine depot so from what I’ve heard the popular products like aquamaxx and the like will be carried on BRS so those products will find a new home. My guess is they will use the west coast warehouse and this will improve BrS ship times to us so perhaps there’s no loss besides the fact that less competition is never a good thing for consumers.

Was/Is Ken still the owner?

 

[TurboReef]

Good on BRS. If you can't beat your competitor acquire them, and then gut the company.

 

[The_Lazy_Reefer]

I need to go spend my MD reward points asap.

They will transfer over to BRS points.

 

[Patio]

They will transfer over to BRS points.

Good to know! Thanks

 

[The_Lazy_Reefer]

Was/Is Ken still the owner?

I believe he sold the company a little while ago but was/is still involved slightly. But now definitely not.

 

[rygh]

Difficult to compete with each other, and the monster Amazon, at the same time.