More M&A News – Page 36
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NewsVanquish Boats sold
Century Boats acquires Rhode Island day-boat manufacturer for undisclosed sum
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NewsCentury Boats sold to PE firm
Private equity firm Sorfam Capital today announced that it acquired Century Boats in the middle of March for an undisclosed sum.
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NewsCanadian marina operator acquires four more properties
Canadian marina operator Maple Leaf Marinas has added four new properties near Toronto to its growing portfolio of premium boating facilities.
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NewsPier One, Seahorse merge
Seahorse Marine has become the seventh Florida brokerage firm in as many years to merge under the Pier One Yacht Sales banner
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NewsUS brokerage acquires Tartan Legacy Yachts
Seattle Yachts buys Ohio-based builder for an undisclosed sum
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NewsSouthern Marinas acquires three new Florida locations
Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today the purchase of Hi-Lift Marina in Aventura; Hidden Harbour in Pompano Beach; and Palm Harbour in Cape Haze. These premier Florida locations were acquired from Aqua Marine Partners, LLC in a deal ...
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NewsMarineMax acquires Boatyard digital platform
Through the acquisition, the US boat retailer is adding ’disruptive technology’ to its digital capability in a bid to transform the customer’s boating experience
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NewsTohatsu Outboards NZ under new ownership
The directors of Tohatsu Outboards NZ Ltd have announced that the business is being sold to their business partner Lakeside Marine NZ Ltd, a subsidiary of Lakeside Marine Pty Sydney.
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NewsClick&Boat acquires German competitor
French boat-sharing company Click&Boat has acquired Scansail, one of its main competitors in German-speaking markets. Scansail will continue to operate as a separate brand, based at its current headquarters in Hamburg.
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NewsFPT Industrial acquires electric powertrain specialist
Marine powertrain specialist FPT Industrial has taken another step towards electrification with the acquisition of Potenza Technology, a UK company that specialises in the design and development of electric and hybrid-electric powertrain systems.
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NewsCMP Group acquires MarineTech Products
Delta, Canada-based CMP Group Ltd announced Monday that the company has acquired MarineTech Products Inc.
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News
Major insurance deal stands to consolidate superyacht insurance
Two global insurance brokerage concerns, both very active in the superyacht market, may join forces as the result of a $30bn takeover approach by Aon to buy Willis Towers Watson. If the deal is completed, it would see the world’s second and third largest insurance brokerage business coming together to ...
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NewsSouthern Marinas expands footprint in Florida market
Fish-Tale Marina in Fort Myers Beach, Florida, is the latest acquisition of North Palm Beach, Florida-based Southern Marinas, which closed on the property February 20.
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NewsFLIR to sell-off Raymarine
The thermal imaging specialist said it was undertaking a restructuring program and a formal process to evaluate divesture of Raymarine’s non-thermal maritime electronics business – a ‘best in class’ asset
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NewsYanmar buys Italian gyro stabilisation firm
Japanese engine manufacturer Yanmar has entered the gyro stabiliser market following the acquisition of Italy-based Smartgyro Srl for an undisclosed sum.
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NewsEP Barrus acquires Blue Gee brand
UK-based marine equipment distributor expands product portfolio
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NewsHistoric Italian brand re-enters yacht market
Iconic Italian boatbuilder Falcon Yachts has re-entered the market following its recent acquisition by T-Quest Holdings of the Middle East.
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NewsUK marine electronics specialist sold
UK-based marine electronics services specialist, Charity Taylor, has been acquired by Aage Hempel Group, one of the largest marine electronics groups in Europe, and a subsidiary of Grupo Arbulu. Aage Hempel also has a dedicated division within its operations which comprise 120 office worldwide.
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NewsTokio Marine Holdings completes Pure Group acquisition
The acquisition of Privilege Underwriters Inc and its subsidiaries, which are collectively known as the Pure Group, has recently been completed by Tokio Marine Holdings, the leading international insurance business. Tokio paid $3.1bn to buy the Pure Group.
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NewsOCIBAR acquires Spanish superyacht marina
OCIBAR, the Spanish marina management company, has significantly expanded its operation with the acquisition for an undisclosed sum of the Port Tarraco superyacht marina in Tarragona. The purchase was made from the Qatari Diar Fund, which is linked to Qatar’s sovereign wealth fund.
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