All Boatbuilders articles – Page 157
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News
Nautor’s Swan enters powerboat sector
The new Swan Shadow heralds the renowned Finnish sailboat builder’s first foray into the motoryacht market
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Invincible Boats expands dealer network on back of strong demand
Invincible Boat Company in the US has announced a campaign to recruit international dealers following what it describes as a high level of interest for its sportfishing and high-performance offshore boat brand.
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Ferretti Group puts sustainability top of the agenda
Italian boatbuilder takes a look at the economic, environmental and social impacts produced by its activities in local areas
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Feature
IBI investor series | An in-depth look at industry mergers, takeovers & private equity investment
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades
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Article
Part 2 | Private equity-fuelled deals and Chinese investors enter the scene
IBI In-Depth: A three-part series tracking the mixed outcomes for investors from the early pioneers of fibre glass production to the latest wave of investment by private equity, wealthy individuals, state-backed Chinese corporations and initial public offerings.
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Correct Craft announces major expansion plans to meet demand
Correct Craft is bursting at the production capacity seams and has announced major expansion and relocation plans for four of its brands. Nautique Boats will be moving its upholstery, machine shop, marketing services, final detail, and shipping departments into a new, 300,000sq ft facility recently purchased across the street from ...
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Mangusta ends 2020 on high with two new orders
Italian superyacht builder, Overmarine Group, had a bonus end to 2020 with the signing of two new contracts for superyachts in two of its model series – the Mangusta Oceano and Mangusta GranSport lines.
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Arcadia Yachts expands management team with two new appointments
Italy’s Arcadia Yachts has announed the appointment of Francesco Frediani as its new chief commercial officer and Anthony Cioffi as production manager.
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IBI investor series continues on Thursday
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades
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News
Tankoa Yachts considers takeover of Cantieri di Pisa
Acquisition would allow for an innovative new range of 30m-45m yacht models
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Majesty 175 completes maiden sea trial
Gulf Craft’s new flagship is said to be the world’s largest composite production megayacht
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Former Tesla Europe manager joins Silent-Yachts
Jochen Rudat, Tesla’s former director for Central Europe, has joined the advisory board of solar-electric catamaran producer Silent-Yachts.
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News
Part 1 | The early years to the Global Financial Crisis
IBI In-Depth: A three-part series tracking the mixed outcomes for investors from the early pioneers of fibre glass production to the latest wave of investment by private equity, wealthy individuals, state-backed Chinese corporations and initial public offerings.
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News
S2 Yachts consolidates Tiara brands
S2 Yachts, builder of the Tiara Yachts and Tiara Sport brands in the US, has announced that it is now marketing both marques under the Tiara Yachts banner.
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Polaris announces executive appointments
Minnesota, US-based boat and powersports equipment manufacturer Polaris Inc has announced three executive appointments following the departure of former CEO Scott Wine on December 31.
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Lawsuit 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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Malibu 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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Lazzara 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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Princess Yachts trading update highlights strong 2019-20 performance
The UK builder’s £600m order book extends into 2022 with company poised for further growth
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Hatteras 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 ...