Ganis Credit Corp.: The company said Monday...

Ganis Credit Corp.: The company said Monday that it was acquired by Bank of Boston Corp. for $21.5 million in stock.

Ganis, a privately held consumer lending company based in Newport Beach, specializes in making loans for recreational vehicles and boats.

A bank spokeswoman said the acquisition will strengthen its consumer finance business. “It is a strong, healthy consumer finance company,” Karen Schwartzman said. “We think Ganis will help us diversify our product mix and the geographical area we service.”