The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Airmar Technology Corp sold
US sensor manufacturer acquired by Amphenol
Yamaha acquires Torqeedo
Acquisition of German electric motor manufacturer said to drive synergies for creating mid-range electric outboard motors
IYC buys Greek charter management firm
Acquisition further solidifies IYC’s position as a global leader in the luxury yacht market
Croatian businessman acquires deck machinery firm
Adria Winch supplies products to yachts and other types of craft
Nautical Ventures buys US dealership
Wefings Marine is located in the heart of the Florida panhandle
UK brokerage relaunches under new ownership
Fox’s Yacht Sales will continue to represent the Beneteau brand on Britain’s east coast
RS Sailing Sweden changes ownership
Christer Båth has sold the company to Björn Wärnberg and Magnus Robertsson
Patrick to acquire Sportech
Patrick Industries buys US engineered plastics manufacturer for US$315m
Sea Tow Boston under new ownership
Marine assistance firm sold to Captain Ethan Maass of MaassMarine Inc
MarineMax to acquire Williams Tenders USA
The move complements US firm’s yacht and superyacht offerings
Stormer Marine sells leisure boats division
Dutch firm to focus more fully on the commercial market
Bellini Nautica expands with acquisition; launches new yacht brand
Rimini Yacht Service acquired and Norberto Ferretti on board of new brand Bellini Yachts
Myers Industries acquires Signature Systems
Sanlorenzo-Nautor Swan MoU causes intrigue in superyacht market
Sanlorenzo and Nautor Swan sign MoU
The Boat House buys Watercraft Sales Inc
Integra Investments expands marina portfolio
Sunstream acquires Sarasota Boating World
Wichard Group acquires Axxon Composites
Poly-Planar acquires Banshee Marine Audio
SNIP Yachting buys French refit yard
Ryds Boats bankrupt
UK brokerage firms merge
UK marina operator acquires Trafalgar Wharf site
Quick Group buys Nemo Industrie, presents three-year outlook
Freedom Boat Club acquires franchise operations
Texas dealerships change hands
Daniamant buys Norwegian lighting business
NZ hatch manufacturer acquires distribution business
Volvo to acquire battery business
Mongo Holdings acquires Kings River Marina in Missouri
Tocaro Blue acquires lead engineering firm