Latest Company News – Page 218
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New details emerge on Ferretti IPO
According to a report on the online Market Watch financial news service, Italy’s Ferretti Group plans to list around 30% of its stock on the Milan Stock Exchange this month.
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Brunswick Acceleration Division speeds Freedom Boat Club to 200
Brunswick Corp used the milestone of the 200th franchise signed by Freedom Boat Club (FBC) to better define its Acceleration Division, which was formed last January with the mission of expanding participation in boating.
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Watski AB forms new wholesale unit
Watski AB, a Swedish company owned by Denmark’s Fritz Schur Group and one of the leading distributors of boating equipment in the country, has split the business and formed a new wholesaler called Nautec. Watski is active on the Scandinavian and German markets.
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Whale grows Northern European presence
Whale, the UK-based pumps specialist, has chosen Lankhorst Taselaar to serve as its exclusive distributor or Whale Marine products in the Netherlands, Belgium and Germany, effective November 1.
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Brunswick Boat Group launches Technology Center
With Florida Governor Rick DeSantis, Congressman Michael Waltz, and a host of local business and government leaders on hand at the Boston Whaler campus in Edgewater, the Brunswick Boat Group opened its 45,000sq ft Technology Center announced in January of this year, as the home to what the company boasts ...
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ICOMIA adds new sustaining members
Two marine paints and coatings specialists, Gruppo Boero and Hempel, have joined the International Council of Marine Industry Associations (ICOMIA) as sustaining members.
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Marine manufacturers look to “monetise” real estate
A growing trend in industrial real estate could be a path to debt relief or a source of quick capital for expansion plans, and is ideally suited to marine manufacturers who stand to benefit, according to commercial real estate brokers in the US.
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Kingship targets inland water marine tourism market in China
Kingship Marine has introduced a new range of aluminium power catamarans designed for the China market with the first boat delivered for use on the Xinfengjiang Reservoir in the south of the country.
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Siren Marine, DealersCircle connect to expand reach of Connect Boat
Siren Marine and DealersCircle have signed and agreement that will make the New Port, Rhode Island provider of Connect Boat telematic technology available through DealersCircle business management platform.
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Gulf Craft adds new 37m Majesty 120 to its superyacht range
Middle East yacht-builder Gulf Craft announced at the 2019 Monaco Yacht Show that a new 37m (121ft) tri-deck Majesty 120 has been added to its superyacht range. The new model was launched by Mohammed Hussein Alshaali, Culf Craft’s executive chairman.
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VBH, Atlas Cybersecurity announce superyacht security partnership
Dutch systems integrator Van Berge Henegouwen and Atlas Cybersecurity of the US have joined forces to ramp up security on superyachts for owners, their families, guests and crew.
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Sunseeker establishes Superyacht Division; confirms £60m funding
At the Monaco Yacht Show, where last year it announced its partnership with ICON Yachts in the Netherlands to build its new 161 flagship, Sunseeker International says it has progressed its superyacht ambitions further by setting up a dedicated Superyacht Division.
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Balk hires COO, ups new-build and bare hull business; triples capacity
Determined to widen its business base, refit specialist Balk Shipyard of the Netherlands is developing spiffy 50m yacht projects, ramping up bare-hull building and tripling construction capacity.
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Imperial Yachts client contracts for 49m SY catamaran from Sunreef
A contract for a 49m (161ft) superyacht catamaran, which will be the largest superyacht to be built so far in Poland, has been placed with Sunreef Yachts by a client of Imperial Yachts. The order was announced at the Monaco Yacht Show and the craft is scheduled to be delivered ...
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Heesen Yachts sells 59m full custom project
Heesen Yachts says it has found a buyer for a 59m full-custom, all aluminium yacht that has a top speed of 37kt and is known as Project Skyfall.
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Sea-Fire forms strategic partnership with Fire Ranger
US fire suppression specialist Sea-Fire Marine has forged a strategic partnership with Fire Ranger, a leading provider of fire and safety equipment services for recreational and commercial vessels. The two companies will share co-branded booth space and collaborate on providing onsite fire protection equipment and demonstrations at major Florida boat ...
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Ferretti announces new superyacht models
Italy’s Ferretti Group has presented more information about its financial performance and new products from its Superyacht Division to be launched over the next three years. One of three divisions within Ferretti, the Superyacht Division currently encompasses four brands – CRN, Custom Line, Pershing and Riva – with a fifth, ...
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Caribbean chandlery expands
Budget Marine, one of the Caribbean’s biggest boating retailers, is constructing a new outlet in Carriacou – an island located 23 miles off the coast of Grenada. The full-service, 2,100sq ft store is being built in Tyrell Bay Marina and is due to open in January 2020.
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Rondal’s transformation delivers rich rewards
Rondal says its three-year transformation into a high-tech maker of towering composite rigs, deck gear and winches for high-end sail and motor yachts is taking it to new, unexpected markets.
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VBH opens German office
Dutch systems integrator Van Berge Henegouwen has opened an office in northern Germany in a bid to ramp up its presence worldwide. It is VBH’s third location outside the Netherlands.