More M&A News – Page 31
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News
Stéphan Serra assumes control at USHIP, Europe’s largest retailer
Stéphan Serra has announced the takeover of USHIP, the brand he has managed since 2012, accompanied by senior colleagues and finance partners. USHIP, which claims to be the largest European retailler of equipment, operates over 134 stores and also has a flourishing e commerce business. Serra stated that “if Uship ...
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News
Southern Marinas sells existing portfolio, looks for new acquisitions
Fish-Tale Marina in Fort Myers Beach, Florida was one of the Southern locations that sold Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, has sold its portfolio of best-in-class marinas to a publicly traded REIT (real estate investment trust). ...
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News
Vision Marine acquires intellectual property assets of MAC Engineering, Montagne named CTO
MAC’s CEO will be joining Vision Marine as chief technology officer
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Italy
Ferretti Group and Sanlorenzo announce joint venture to rescue Perini Navi
Fellow Italian builders form new company to acquire assets and secure jobs
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News
Boero Group sold to Portuguese coatings specialist
CIN acquires majority stake in the Italian firm
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News
AkzoNobel quits bidding war for Tikkurila, says PPG bid too high
Dutch firm abandons bid for Finnish paint maker
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News
Suntex Marinas acquires downtown Miami facility
Prime Marina Miami acquisition brings Suntex marina portfolio to 30 properties in US
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News
Potential buyers line up for Perini Navi
TISG and Palumbo add names to those interested in looking to buy bankrupt Italian yard
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News
AkzoNobel formalises €1.4bn bid for Finland’s Tikkurila
Acquisition must now be approved by Tikkurila shareholders
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News
New Qatari owners for Antalya commercial port
Port Akdeniz includes a 235-berth marina operated by Setur Marinas
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News
Delta ‘T’ Systems sold
Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has joined the Centek Industries family of companies. The move expands the breadth of marine solutions offered by Centek and provides additional opportunities and resources to Delta ‘T’ Systems.
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News
Bonnier scraps auction of Yachting and Sailing World magazines
Company spokeswoman confirms titles “no longer for sale”
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Italy
Boats Group makes key acquisitions
Online brokerage firm adds to portfolio and reports boom in sales activity
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News
AkzoNobel, PPG launch rival bids for Finnish paint maker
Tikkurila has paints and coatings operations in 11 countries
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News
MZ Electronic acquires Italian propeller firm
Italy-based MZ Electronic has announced the takeover of Italian propeller manufacturer Progetto Elica for an undisclosed sum.
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News
Dutch distributor undergoes management buyout
Dutch firm announces managment buyout with investment backing
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Feature
IBI investor series | An in-depth look at industry mergers, takeovers & private equity investment
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades
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News
Sensible Yacht Cordage changes hands
Sensible Yacht Cordage, founded in 2017 at Jamestown, Rhode Island, has been purchased by Jonathan Thurston from his neighbour, company founder Jan Trousilek. The latter was injured in a sailing accident and could no longer operate the business, and the new owner was forced to retire from construction work following ...
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News
IBI investor series continues on Thursday
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades