The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Saxdor Yachts appoints interim CEO as Erna Rusi steps down
Eric Lindquist takes interim charge as the boat builder seeks a new chief executive to lead its next phase of growth
2026 Paris Nautic tests consumer confidence
The second edition of the revived Paris Boat Show will take place from 25-29 November at Le Bourget Exhibition Centre
Northern Lights appoints distributor for Australasia
Diesel Marine NZ will provide sales, parts and service support across New Zealand, Australia and the South Pacific
Albania’s Balkans Sea Fair expands in second edition
This year’s event sparked numerous new partnerships between Western European and Albanian players
French boat builders resilient despite difficult market conditions
A boot Düsseldorf press tour of four French builders reveals how the industry is adapting to shifting industry dynamics
NVN Marine moves to fill the gap left by West Marine
Online accessories retailer opens first physical store in the town of its struggling rival
Olympic Yacht Show closes 6th edition with strong international turnout
More than 20,000 people visited last week’s event, with more than 800 from abroad
Cockwells founder steps back as new management team takes helm
Henry Ward, Jack Carr and Tim Tregear will lead the Pendennis-backed boat builder as it enters its fourth decade
MarineMax plans expansion of Pompano Beach sales facility
US dealer seeks approval for a 1,380ft² addition and wider upgrades at its South Florida waterfront site
Nimbus USA names Panama dealer for Central, South American expansion
Panama Yacht Group brings international connections and regional market knowledge
Sea Ray signs new hometown dealer
Tri-Star Power Sports & Marine will represent the brand in East Tennessee
People on the Move This Week
New appointments at Ocean Marketing, Denison Yachting, TISG and more
Cape Town’s V&A Waterfront appoints communications chief
Azimut expands dealer network in New Zealand and Mexico
HikoTerra expands global distributor network
Mirava raises nearly US$7.5m for smart electric boat expansion
Moonen Yachts marries hull and superstructure of 10th Martinique
Cape Canaveral shipyard eviction leaves 40 boaters stranded
Boats Group and Galati Yacht Sales extend long-standing partnership
Plymouth Boat Fest sets date for 2027 return
Elite Yacht Covers named Nautor Swan’s exclusive canvas partner
AkzoNobel and Axalta name merged coatings business Axanzo
Five mainland Chinese yachts to mark Hong Kong scheme launch
Electric WaterCraft Forum unveils eight-boat lineup
Patrick Industries-LCI merger faces extended US antitrust review
South African cat builder unveils new model amid strong US demand
Newport boat show reports strong attendance at 55th event
Rolls-Royce and MAKEEN agree Saudi engine production deal
Catana Group reports improved order intake but revenue falls 18% in 2025-26
Harmonised EU boatbuilding standards could reduce industry costs
Lionel Messi orders Sunreef Ultima 88 catamaran
Lehmann Marine opens new automated production line in Greece
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