All USA articles – Page 151
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NewsSafe Harbor Marinas buys Rybovich
Dallas, Texas-based Safe Harbor Marinas acquires US superyacht service provider
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NewsLawsuit ends in $25.16m judgement against Tracker Marine
The long-running class action against the US builder was finalised on December 30 for charging buyers a $75 fee for documentation
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NewsAkzoNobel boosts North American presence with New Nautical Coatings purchase
In a multimillion investment, global paint and coatings manufacturer AkzoNobel NV said it would significantly increase its market presence in North America and the Caribbean with the acquisition of New Nautical Coatings Inc, the owner of the premium Sea Hawk coatings brand. While no transaction figures were divulged about the ...
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NewsMalibu acquires Maverick for strategic, complementary hull and price point expansion
Malibu Boats has acquired the four brands of the Maverick Boat Group, expanding production capacity and distribution potential in what the parent company is calling a “strategic transaction that complements Pursuit and expands Malibu’s saltwater outboard offerings in boat type and price point.” Maverick, and its founder Scott Deal, are ...
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NewsLazzara Yachts Group names new EVP
Florida, US-based boatbuilder Lazzara Yachts Group has appointed Nils C Nelson as its new executive vice president. Nelson will lead the sales, business development, and customer service activities for the group, as well as using his varied industry experience to advance the company’s objectives.
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NewsOneWater buys eight Florida marinas and boat dealerships
The US retail giant has further expanded its presence in Florida with the acquisition of two more yachting businesses, including the company’s largest acquisition to date.
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NewsBoat Fix appoints new CEO
Connecticut, US-based telematics/marine customer service provider Boat Fix has named Penny Searles as its new CEO, with immediate effect.
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NewsUS RV shipments expected to jump by near 20% this year
Full-year wholesale sales expected to eclipse 500,000 units in 2021
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NewsLippert acquires boat seating business
US-based Lippert Components expanded its holdings in the marine sector with third acquisition in 2020
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NewsHatteras wants $2.5m lawsuit over custom yacht dismissed
Lawrence Smith filed a lawsuit last November against US boatbuilder Hatteras/Cabo Yachts over a $10.1m motoryacht. Smith entered into an agreement for the boat, a 2021 model Hatteras M98 Hull 101, in August of 2019 with an estimated delivery date of February 2021. But in March 2020 Smith was told ...
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NewsCatalina Yachts EVP to retire
Gerry Douglas announces plans to step down from executive vice president role at US sailboat builder
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NewsChris Craft is part of Winnebago Q1 gains
Strong consumer interest in the outdoors continued to drive sales, revenues and profitability in the first quarter, ending 28 November, for the manufacturer’s portfolio in recreational vehicles and Chris Craft boats
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NewsSportsman’s Warehouse to join The Great American Outdoors Group
Hundreds of US fishing and boating outlets consolidated following latest acquisition of the world’s largest boat dealer
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NewsVision Marine named one of five promising stocks for the new year
Vision Marine Technologies has been cited as one of five promising stocks in five different market segments by investment firm Safehaven. In an online analysis, writer Alex Kimani details that while some sectors of the economy – like the travel and energy sectors – were devastated by the Covid-19 pandemic, ...
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NewsYacht sales driving south Florida real estate values
High net-worth clients snapping waterfront property simply to have somewhere to park their new yacht
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NewsUS powerboat sales up 18% in October
The National Marine Manufacturers Association (NMMA) is reporting that sales of new powerboats in the US gained momentum in October, up 18% compared to September, and up 30% year-over-year on a seasonally-adjusted basis.
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NewsPure Watercraft secures US$37.5m funding for electric outboards
US-based Pure Watercraft closed a US$37.5m Series A round of funding on Friday, which includes a previously announced US$23.4m. The oversubscribed funding round was led by venture capital and private equity firm L37, whose managing partner Randall Ussery will take a seat on the Pure Watercraft board of directors. “We ...
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NewsOne injured in fire at Nautique plant
One person was injured in what is described as a “small, contained fire that was quickly extinguished” at the Nautique Boats manufacturing plant on the East Orlando, Florida campus of parent company Correct Craft Thursday afternoon. Fire officials told clickorlando.com that the fire was snuffed in just under 30 minutes ...
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NewsGlomex forms new US distribution network
Ravenna, Italy-based Glomex s.r.l. has partnered with Baltimore, US-based GA Communications to form a new business venture which will function as the exclusive distributor of Glomex’s full range of marine and RV products in North and South America.
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NewsUS boat shows in January
The organisers of the Minneapolis Boat Show, scheduled for January 21-24, 2021 at the Minneapolis Convention Centre, have reconfirmed their decision to cancel next year’s show, as previously notified to the industry in late October.
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