The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Beneteau reports strong Q1 growth amid Middle East conflict concerns
CEO Bruno Thivoyon warns that full-year targets depend on geopolitical stability returning by mid-2026 as order intake has slowed markedly since the conflict began
Lippert Q1 revenues grow 4%
US component manufacturer reports US$1.1bn in Q1 consolidated sales
Cummins posts revenue and profit gains in strong first quarter
Record Power Systems segment performance helps drive Q1 revenues to $8.4bn of US engine builder
South African upholstery supplier reports growth via digital scanning
A new digital scanning service is enabling Jo Fensham Yacht Upholstery to serve increasingly mobile yacht clients, combining on-site data capture with remote design, manufacturing and global delivery
Orca AI, Samsung sign MoU to develop autonomous platform
Initially targeting commercial shipping, autonomous navigation platform could have future impact in recreational marine sector
Extra Yachts appoints new Turkish dealer
Italian builder expands its presence in the eastern Mediterranean with the appointment of Selen and Selim Özgörkey as official representatives in Turkey
Patrick, Lippert merger talks end without agreement
Proposed “merger of equals” between US engineered component manufacturers conclude with no decision to move ahead
Ferretti Group power struggle intensifies ahead of May 14 shareholders' vote
CEO Alberto Galassi presents strong views in Financial Times interview as battle between Weichai and KKCG continues
West Marine headed for Chapter 11?
Bloomberg report suggests US retailer exploring potential Chapter 11 bankruptcy filing to restructure debt, lease obligations
Oyster Yachts outlines strategic direction at London Private View
UK builder reveals new 50ft model in development and future plans at annual London event attended by IBI
Highfield adds dealers in US, Panama and Brazil
US RIB builder expands presence in North, Central and South America
Coursemaster Autopilots closes after more than 50 years
Supply chain pressures and component shortages bring to an end one of Australia’s longest-running marine technology manufacturers
Patrick Q1 net income up 3%
Suzuki announces Fuel 1 collaboration
Brunswick announces 2026 global safety awards winners
Hull Vane signs MoU in Asia for stern-mounted hydrofoil
Twin Disc Pacific appointed Spot Zero distributor for Pacific region
Mediterranean Superyacht Forum highlights region’s dominance
AGOA renewal gains bipartisan support, but SA boat building benefits uncertain
Singapore Yachting Festival concludes with record turnout and industry optimism
Brunswick Q1 sales up across all segments for third consecutive year
Mood index: EU business and consumer survey results for April
OneWater FQ2 revenue down, margins and debt reduction improve
Saudi Arabia issues new yacht rental licenses to enhance marine tourism
Teakdecking Systems named official US distributor of MarineCork
Gulf Craft grows South-East Asia presence with new regional dealer
UK brokerage moves to Swanwick Marina to support expansion
Nimbus navigates Q1 sales decline with significant cash flow improvement
Garmin posts record Q1 results
IBI Summit 2026: AI and industry leaders set to shape the future of boating
Cantiere delle Marche gets new majority shareholder
Nautor Swan returns to 22m sailing segment with new Swan 73
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