More M&A News – Page 40
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NewsFraser Yachts sold
US boat retailer MarineMax has acquired Fraser Yachts from Italy’s Azimut-Benetti Group.
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Legal merger will give boost to yacht team activities
Thomas Cooper and Penningtons Manches join forces
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NewsHanse Yachts buys French Privilège shipyard for €500,000
French catamaran yard becomes 7th brand in the German group
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NewsShoreMaster and HydroHoist Marine Group announce merger
Deal provides ”new and unique dealer opportunities” without overlapping existing market share
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Polytech Development buys Pro Marine Supplies
Polytech Development Corp, a US manufacturer of specialty polymers, has acquired Pro Marine Supplies, which distributes epoxy coating resins for a variety of professional and hobbyist applications.
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NewsSouthern Marinas nets two new Florida properties
Southern Marinas Holdings, a new partnership between 70-year-old Palm Beach, Florida-based Southern Marinas and a New York investment firm, completed the purchase of two Florida properties in May.
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NewsLewmar Marine to be acquired by Lippert Components for £33m
UK equipment maker will be LCI’s sixth purchase in the marine sector marking the company’s continued expansion into the global boating business
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NewsUK marina operators confirm merger
UK marina operators Dean & Reddyhoff and Quay Marinas today announced that they have officially signed contracts to merge their businesses.
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NewsUK marina operators merge
Two of the UK’s biggest marina operators – Quay Marinas Ltd and Dean & Reddyhoff Ltd – have agreed to merge. Once finalised later this year, the new combined company will operate the widest network of coastal marinas in the UK.
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NewsNew owners for Marathon Boat Group
US boatbuilder Marathon Boat Group (MBG) has been acquired by Chicago-based private equity firm Altair Investments Inc. Terms of the transaction were not disclosed.
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NewsCorrect Craft acquires Merritt Precision
Milling company Merritt Precision is the latest acquisition by Correct Craft, which says in a company statement that the Florida-based maker of plugs for the marine, automotive and aerospace industries will be integrated into Correct Craft’s Watershed Innovation subsidiary and function as a standalone business.
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NewsBrunswick’s Freedom Boat Club purchase to ‘shape the future of boating’
Brunswick Corp’s acquisition late last week of Freedom Boat Club (FBC) was “rooted in foresight and where we believe the consumer is going.”
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NewsKVH sells Videotel division to focus on core initiatives
Middletown, Rhode Island-based KVH Industries Inc has sold its maritime training business known as the Videotel group of companies to an affiliate of Oakley Capital for US$90m in order to focus on core strategic initiatives.
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NewsBrunswick to acquire Freedom Boat Club
Brunswick Corp has acquired Venice, Florida-based Freedom Boat Club as part of its strategy to expand its presence in the emerging and fast-growing boat club segment. Terms of the transaction, which is expected to close in the second quarter of 2019, were not disclosed.
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SA builder confirms liquidation of Tag Yachts 50
Embattled South African catamaran builder Tag Yachts has confirmed the demise of Tag Yachts 50, the sister company set up to drive production of the company’s new 50ft cruising catamaran.
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Spradling International Marine and Pletcher Sales in strategic partnership
Firms come together coated fabrics and interior solutions to RV Industry
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KAM Marine acquires Northport Bay Boat Yard
KAM Marine is broadening its reach in the upper mid-West US with the purchase of Northport Bay Boat Yard on Lake Michigan’s Grand Traverse Bay.
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NewsBrunswick to sell Life Fitness division
In a move to solidify its position as a pure marine company, Brunswick Corp announced it has entered an agreement with the private investment firm KPS Capital Partner LP for the sale of its Fitness division for US$490m.
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NewsBRP to acquire Australian boatbuilder Telwater
Enters into agreement to acquire 80% of the aluminium boat and trailer builder
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NewsVeethree Electronics & Marine and CANtronik complete merger
Two CANbus display technology specialists come together under Veethree Group brand
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