More M&A News – Page 37
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News
Harbour Group buys SHF
Harbour Group has expanded its manufacturing and distribution capabilities with the acquisition of SHF, a supplier of stainless adaptors, fluid power fittings, instrumentation fittings and valves to a variety of industries, including marine, manufacturing, chemical, and oil and gas.
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NewsT-H Marine acquires US distributor
Alabama, US-based marine equipment supplier T-H Marine Supplies has acquired First Source Marine, a Florida-based wholesale distributor specialising in sporting goods equipment.
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NewsDogus sells 50% stake in Greek superyacht marina
The 50% stake in the Athens superyacht facility, Flisvos Marina, owned by Turkey’s Dogus Group has reportedly been sold to Lamda, owner of the remaining 50% share. According to Greek newspaper Kathimerini, the sale was achieved through an agreement that Lamda had with Dogus, giving the former a first refusal ...
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NewsSafe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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NewsBavaria Yachts buys Greenline Neo series to enter the outboard market
German boatbuilder Bavaria Yachtbau GmbH has announced that it will add outboard motorboats to its current lineup of sailboats, inboard motorboats and catamarans with the addition of the Greenline Neo series, acquired from the Slovenian SVP Yachts Shipyard. The sale will be completed in March.
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News
Mailspeed Marine sold
Pirates Cave, a UK chandlery based in Kent, has acquired the Mailspeed Marine brand from Friday Media Group. Included in the acquisition is the website, mailspeedmarine.com, which will be merged with piratescave.co.uk.
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NewsD-Marin to be acquired by private equity fund
A multimillion-euro deal of undisclosed value has been made by the Luxembourg-headquartered private equity business CVC Partners to buy the D-Marin arm of the Turkish Dogus Group. D-Marin, which is registered in the Netherlands, operates 15 marinas in five Mediterranean and Middle East countries. This transaction will be finalised upon ...
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NewsUS marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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NewsDiscovery Yachts Group restructures under newly formed holding company
Yacht model range simplified to help in rescue and taking the company forward
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NewsLippert expands its footprint in the window segment & Europe
The US-based equipment manufacturer Lippert Components announced completion yesterday of its acquisition of the Polyplastic Group, a Dutch specialist in acrylic window and door products
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NewsYPI CREW acquires Edmiston Recruiters
Yacht crew recruitment firm YPI CREW has acquired the recruitment division of Edmiston, taking on all ongoing crew placement. As of January 1, 2020, Edmiston transferred its recruitment team of four to YPI CREW, taking the total YPI CREW team to 16.
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NewsPon Holdings acquires RH Marine Group
Pon Holdings is acquiring all of RH Marine Group by buying the majority stake that private equity firm Parcom Capital holds in the Dutch marine services provider. The two companies became joint shareholders in 2015.
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NewsKiwi boatbuilder Naiad sold
Business to be acquired by its east-coast Australian builder partner, Yamba Welding & Engineering
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NewsCatana Group acquires Tunisian shipyard
After a fifth year with average annual growth over 50% and an order book that will result in exceeding the threshold of €100m in revenue this year, the Catana Group has just signed an agreement to acquire a majority stake in Magic Yachts.
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News
New owner for SEA magazine?
US-based marine publishing and marketing veteran Arnie Hammerman says he is in the process of taking over the publishing of SEA magazine from Duncan McIntosh Company Inc, as well as Boating World. Both magazines ceased publication last week.
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News
Safe Harbor acquires US marina
An historic New Hampshire shipyard is the latest in a string of acquisitions by Safe Harbor Marinas, though the company remains tight-lipped about the purchase.
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NewsLalizas acquires Italian liferaft manufacturer
The Lalizas Group of companies has acquired Arimar, a European leader in the production of state-of-the-art liferafts.
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NewsLippert continues on acquisition path
American component supplier Lippert Components has acquired electric-powered Bimini specialist, PWR-ARM, one of many acquisitions in the marine equipment segment which the company has targeted for diversification
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News
Cornes Chart Group buys digital navigation provider
Two leading suppliers of navigation charts, software and equipment have joined forces to create what is claimed to be the largest charts supplier in the world. Cornes Chart Group has acquired navigation systems supplier GNS. The deal follows Cornes’ acquisition of US and Singapore-based Safe Navigation earlier this year to ...
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NewsDigital navigation firms merge
Around 500 superyachts stand to benefit from a merger between UK-based ChartCo and Canada’s Marine Press. The get-together creates a major new force in the provision of global digital navigation solutions and will operate under the OneOcean brand name.
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