Latest News about Denmark – Page 3
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NewsMaltese yachting company seeks US$36m from insurers
Maltese business claims insurers understated yacht’s damage
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NewsAppointment at Hempel Group
Lyngby, Denmark-based yacht and marine equipment coatings manufacturer Hempel Group has named Alexander Enström to head up the company’s new global marine organisation.
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NewsBSI A/S Group acquires UK rigging specialist
Danish deck hardware and rigging manufacturer BSI A/S has acquired OYS Rigging, taking over the UK brand and all associated assets. “We are delighted to be owners of OYS, with a UK facility and working together with the knowledgeable manufacturing team,” says Morten Madsen, managing director of BSI A/S. “This ...
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NewsX-Yachts test launches first-ever powerboat
Danish sailboat builder X-Yachts took its first-ever motorboat model, the 33ft X-Power 33C, for a test drive on the weekend. Final assembly will take place later this week.
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NewsX-Yachts launches new X5⁶ model
Danish builder X-Yachts launched the new X5⁶ for the first time yesterday, last evening, putting her afloat for the first time. The new X56 model afloat for the first time ”It was a tremendously glorious sight to see the new beauty hit the water,” stated Thomas Mielec, ...
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NewsUK couple sue boatyard over alleged faults on yacht
The purchase of a Danish-built X4.3 yacht by two London-based financial executives from the brand’s UK dealership in Hamble and allegations of faults may result in a full trial later this year if a settlement between the two sides cannot be reached. The case has appeared in a number of ...
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NewsRestrictions on travellers from Germany, Denmark and Sweden entering the United Kingdom
As from tomorrow travellers entering the UK from Germany and Sweden will be required to self-isolate on arrival for 14 days. Earlier in the week the British Prime Minister, Boris Johnson, announced the return to a state of a lockdown which must be observed in England until December 2nd and ...
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NewsX-Yachts enters powerboat market
Danish sailboat builder X-Yachts has entered the powerboat market with a debut planned for January next year.
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NewsEuropean Overview: Bright spots amid the uncertainty
The fallout of Covid-related lockdowns and safety protocols has had far-reaching impacts on Europe’s industry, but there are winners amid the upheaval.
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NewsCopenhagen show cancelled
Denmark’s popular outdoor boating festival will return next year in August
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NewsScandinavia sees uptick in buyer interest
Reports of strong buyer interest at dealerships in America are being echoed in Scandinavia where the summer season is approaching and buyers are looking for alternative holiday options
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NewsPermateek appoints Danish dealer and installer
Permateek, the UK manufacturer of synthetic teak decking for yachts, has appointed a second specialist dealer and installer for Denmark.
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NewsNew 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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NewsX-Yachts buys Swedish powerboat builder
Danish sailboat producer X-Yachts has entered the powerboat market with the acquisition of HOC Yachts in Sweden.
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News
BSI acquires Danish propeller firm
Danish deck hardware and rigging manufacturer BSI A/S has acquired Hundested Propeller A/S, a Danish supplier of controllable pitch propellers and gearboxes, and tunnel and retractable swing thrusters. Terms of the deal were not disclosed.
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NewsDanish sail-maker reports “significant increase” in turnover and profitability
Danish sail-maker Elvstrøm Sails has reported a significant increase in both turnover and profitability during the 2017/18 financial year. According to a company statement, earnings before tax more than tripled to DKK 9.1m against last year’s DKK 2.8m.
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Headline Financials: North Sails
IBI Plus has posted an updated financial report for North Sails Europe, acquired in June 2014 by UK-based Oakley Capital Investments, the same private equity group which acquired a majority stake in US-based North Technology Group, bringing together North Sails America and North Sails Europe under common ownership and management. ...
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News
Headline Financials: X-Yachts
IBI Plus has posted an updated financial report for X-Yachts, a Danish builder of performance racing and cruising sailboats ranging from 33 to 66 feet in length. For the financial year ending July 2013, X-Yachts suffered a decline in profitability of more than 100%, with a gross loss (revenues minus ...
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