Latest Company News – Page 212
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Evinrude earns Green Master designation
Outboard motor manufacturer Evinrude has been awarded Green Master status by the Wisconsin Sustainable Business Council (WSBC) for the third consecutive year.
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New X-Yachts owner increases shareholding
After acquiring a 51% stake in X-Yachts through his holding company Consolidated Holding A/S, entrepreneur and businessman Ib Kunøe has bought the remaining shares in the Danish sailing yacht producer.
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Mercury Marine receives Sustainable Process Award
The Wisconsin Sustainable Business Council (WSBC) has recognised Mercury Marine’s aluminium use processes with a Sustainable Process Award.
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Dutchmen to sell French-made SeaBubbles in four European nations, Dubai
Two Dutch businessmen have acquired the exclusive right to sell and develop SeaBubbles – electric, hydrofoil water taxis and buses – in the Netherlands, Belgium, Germany, Denmark and Dubai.
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Actisense named UK’s Small Business of the Year
Poole, UK-based marine electronics specialists, Actisense, was awarded the title of Small Business of the Year at the British Chambers’ national Chamber Awards, which took place at London’s Tobacco Dock on Thursday 28 November.
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Dutch boatbuilder to expand capacity under new ownership
Dutch boatbuilder Moonen Yachts secured new owners in August, and is planning to invest in expanding its production capacities next year, as well as start a number of new projects, senior company representatives told IBI.
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Iguana Yachts appoints Miami dealership
Iguana Yachts, a French builder of amphibious boats, has chosen Prestige Imports Miami to serve as its dealer in Florida.
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Transfluid obtains DNV-GL Type Approval
Transfluid Trasmissioni Industriali, an Italian power transmission manufacturer, says it has recently become the world’s first company to obtain two DNV-GL Type Approvals – one for its complete range of marine parallel hybrid modules and another for its LiFePO4 Battery Banks.
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Lumishore receives DAME Special Mention for second year running
Lumi-Link Wireless, part of the recently launched LUX Lighting Collection by LED lighting specialist Lumishore, received a Special Mention at this year’s DAME Design Award – an honour that was bestowed on the company for the second year running. It was also the 8th time that Lumishore has been nominated ...
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Sanlorenzo IPO to proceed at £16 per share
Italian yachtbuilder Sanlorenzo confirms the success of its public offer for up to 35% of the company’s share capital
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Sanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December
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SeaWide Distribution expands portfolio
Seawide Distribution, a US wholesale distributor of outdoor products, boat systems, consumer and marine electronics, is now an authorised distributor for Sonos products. Seawide says it is the first Sonos distributor for the marine market.
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Oyster Yachts in major recruitment drive
UK boatbuilder Oyster Yachts has announced it is hiring 150 new employees in a bid to keep up with global demand.
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Polish builder appoints US dealer
Poland’s Galeon Yachts has formed a new dealer partnership with Prince William Marine in the US.
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Kha Shing wins excellence award for Monte Fino F76
Taiwanese yacht builder, Kha Shing, has been awarded the 2020 Taiwan Excellence Award for its 23m Monte Fino F76 Flybridge motoryacht.
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Freedom Boat Club, Sea Ray win National Safety Award
The Sea Tow Foundation has awarded National Boating Industry Safety awards to two Brunswick brands, recognising the companies for their commitment to safety and sustainability.
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Ullman Sails SA reports financial turnaround under new CEO
Ullman Sails South Africa has reported a significant increase in turnover for the past calendar year following a decline over the previous two years.
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Busy year planned for Hudson Yacht Group
The Hudson Yacht Group, based in Xiamen, China, is experiencing a busy time, particularly with its HH Catamarans division. The later was jointly founded by Paul Hakes who recently returned as Hudson’s chief of operations China from a year-long cruising sabbatical.
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Sanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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UK firm makes Sunday Times Virgin Atlantic Fast Track 100
The UK’s Superyacht Tenders & Toys (SYTT) has made the Sunday Times’ Virgin Atlantic Fast Track 100 list for the second year running.