The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Land developers acquire fourth Tampa Bay marina in eight months
Sale of Salt Creek Marina believed to be part of larger property development plan, but buyers mum on final goal
NMMA sells Northwest Sportshow
The show will return to Minneapolis in March next year under new owners
Howden expands Asian yacht insurance business with new acquisition
London-listed group buys Storfield Insurance Consultants in Hong Kong
LVMH to buy or invest in Ferretti Group?
Rumours suggest that Bernard Arnault is particularly interested in the Riva brand
Sunseeker deal value disclosed
Latest deal means that all three of Britain’s largest powerboat builders now in the hands of private equity investors
Fountaine-Pajot acquires top Asian dealership
The move follows a successful 25-year collaboration between the two firms
Suntex acquires California marina through joint venture
Discovery Bay Marina is a full-service marina in the San Joaquin Delta
UK investment fund in talks to buy Portuguese marina
Tróia Marina can accommodate up to 180 boats
Sale of Cantiere Navale Vittoria near to closing
The Italian shipyard was sold for €8.2m at auction in September
Sunseeker sold
Protracted negotiations end in a successful sale announced this afternoon; Ophir Sternberg and former Ferretti executives involved
Court records show Pure Watercraft’s sell-off details
The process has encountered rough waters
French Competition Authority approves sale of Beneteau’s Housing division
The sale is expected to close before the end of this year
Trio Deniz acquires Jeanneau sailboat distributor
MasterCraft completes sale of Aviara brand
Garmin acquires Lumishore
Dutch builder acquires Holterman Shipyard
Saltwater Stone sold to global PR firm
Texas asset management firm buys Prairie Creek Marina for US$30m
Oceanic Systems (UK) Ltd sold
Taiga Motors sold to UK electric boat entrepreneur
Holterman Shipyard of Netherlands declared bankrupt
Australian industry association acquires Marine Jobs
MTI sold to employees
Rolly Tasker Sails sold to German yachtsman
UK fintech firm buys boat insurance specialist
Canadian SailGP team under new ownership
MB92 La Ciotat to operate French shipyard
Polish parts supplier buys Italian accessories firm
CEO of Bristol Marine buys US boatbuilder
Tecmar's Martin Lambot acquires French distributor of technical equipment
Acquera Yachting expands into Caribbean with new acquisitions
US yacht dealers merge