All News articles – Page 760
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NewsAzimut names new head of operations
Alberto Morelli has been appointed chief manufacturing and operations officer
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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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Azimut expands Far East presence with Indonesian dealer appointment
H Marine International is a new company led by Hengky Setiawan, owner of the biggest telecommunications firms in Indonesia
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Azimut Yachts expands presence in China
The Italian boatbuilder has signed a renewed partnership agreement with Simpson Marine
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Headline Financials: Sundiro Holdings
IBI Plus has posted a new financial report for Sundiro Holding, a Chinese industrial group that has invested in a shareholding and joint venture with Italy’s Sanlorenzo. The latest information for Sundiro Holding indicates turnover for the group reached approximately €125 million in 2013, with Net Income (after taxes) of ...
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Headline Financials: Sessa Marine
IBI Plus has posted an updated financial report for Italian boatbuilder Sessa Marine, a three-generation family business which builds four motorboat lines ranging from 18-68 feet, including fishing boats, open sport boats, open and hardtop cruisers and flybridge yachts.d In May 2014, the company filed for Chapter 11 protection and ...
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Headline Financials: Dalian Wanda Group
IBI Plus has posted a new financial report for the Dalian Wanda Group, a Chinese industrial group which has acquired a 92% majority shareholding of UK-based yacht builder, Sunseeker International. The Dalian Wanda Group was founded in 1988 by Jialing Wang, China’s richest man in 2013. The Wanda Group ...
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China: takeovers in the boating industry
China – overseas investment initiatives Until recently, the Chinese business model has been encountered by Western companies mostly within China itself, but now many of the country’s top companies are branching out and taking on Western competitors on their home turf. The government has been encouraging consolidation in industrial sectors ...
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USA Boats Sales Data (30ft and above)
Statistical Survey’s Quarterly Trend report for IBI Plus shows total US sales of fibreglass boats 30 feet and above slowed slightly during the last three months of 2013 but remained in strongly positive territory, up 14.2% year over year (y/y) compared to a 7.5% increase for the same period in ...
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Headline Financials: Hallberg Rassy
IBI Plus has posted an updated financial report for Sweden's sailboat builder Hallberg-Rassy. Dating back to 1943, the company has delivered more than 9,400 boats during its 70 year history and today is owned and managed by the Rassy family.For the financial year ending August 2013, Hallberg-Rassy reported consolidated ...
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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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Headline Financials: Grand Banks
IBI Plus has posted an updated financial report for Grand Banks Yachts Ltd, a Singapore Stock Exchange listed company building yachts in Asia since 1956. Headquarterd in Singapore with production facilities in Malaysia, the company also has two wholly owned sales subsidiaries in the US and one in Australia.For the ...
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NewsSix Azimut yachts on display in Kuwait
Local dealer Seas & Deserts Group is showcasing six Azimut yachts at the 2nd Kuwait Yacht Show
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South Korea marine market
Koreans have only started to enjoy recreational boating in the past decade, encouraged by a government determined to make leisure marine a thriving sector for the country’s economy. Korean GDP grew at 2.8% in 2013, picking up from a couple of years with the economy expanding at a mere 2% ...
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USA Boats Sales Data (30ft and above)
Statistical Survey’s Quarterly Trend report for IBI Plus shows total US sales of fibreglass boats 30 feet and above surged through the third quarter of 2013 posting 22% year-on-year (y/y) growth compared to less than 3% in the previous period. As in Europe, much of the US suffered a slow ...
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Azimut-Benetti CEO takes on additional role
Ferruccio Luppi will also serve as CEO of the group's Yachts business line
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Azimut-Benetti tops 2014 Global Order Book
Italy’s Azimut-Benetti Group has been named the world's top producer of yachts over 24m (80ft)
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Azimut-Benetti obtains safety certification
The Italian builder's Livorno production site is now BS OHSAS 18001 certified
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NewsBenetti reorganises team for the Americas
Fabrizio Scerch appointed as new Country Manager Americas
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