The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
NMMA acquires Mid-Atlantic Boat Show
Charlotte, North Carolina event said to complement existing NMMA lineup of large shows in major urban centres
Hanover issues statement confirming sale of Fairline Yachts
Former Fairline operations director appointed CEO
New owner for Fairline Yachts?
Brand has new significant shareholder
Firecrown buys Active Interest Media’s Marine Group
The media platform now owns 21 titles in yachting, boating, fishing and sailing
NXTLVL Marine secures two MarineMax Texas locations, adds Nautique
The Texas-based dealer chain now has seven locations in the US state
Action Water Sports buys former Tommy’s location
Michigan-based boat retailer acquires Florida dealership with plans to re-open in 2025
Suntex acquires second California marina in three weeks
Peter’s Landing acquisition bolsters marina operator’s presence in western US
Vision Marine announces collaboration with Smoker Craft
Canadian electric outboard manufacturer announces new partnership with US boatbuilder to develop electric pontoon boats
IBEX acquires Professional BoatBuilder magazine
The ProBoat purchase will marry IBEX’s trade event to the magazine’s editorial coverage
NZ electric marine firms merge
ZeroJet, Tectrax unite to form new electric marine powerhouse
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
LVMH to buy or invest in Ferretti Group?
Sunseeker deal value disclosed
Fountaine-Pajot acquires top Asian dealership
Suntex acquires California marina through joint venture
UK investment fund in talks to buy Portuguese marina
Sale of Cantiere Navale Vittoria near to closing
Sunseeker sold
Court records show Pure Watercraft’s sell-off details
French Competition Authority approves sale of Beneteau’s Housing division
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