The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Beneteau reports 12% revenue growth despite Q2 slowdown and reveals much reduced order intake
First-half sales reached €452.3m, but geopolitical uncertainty prompts dealer caution and inventory reduction in second quarter
High North American retail sales drive strong Q2 results for Polaris
Marine segment revenues climb 16% YoY driven by growing demand for premium pontoon product
Hubbell raises 2026 guidance after double-digit Q2 revenue growth
Hubbell’s Electrical Solutions segment, which includes its leisure marine business, up 25% in strong quarter
Sasga Palma appointed Solaris Power dealer for Balearic Islands
The Mallorca-based dealer will represent the Italian yacht builder’s premium motoryacht range across Mallorca and Menorca
Central Yacht secures strategic investment for Asian market expansion
The Hong Kong-based superyacht consultancy has partnered with TGG Group to develop a new generation of yachts tailored for Asian owners
Zero USV delivers first Oceanus17 uncrewed surface vessel
The 17m vessel features 50-day endurance, 5,000Nm range, and level four autonomous navigation capability
New Angolan shipyard targets recreational service sector growth
Kianda Shipyard is set to serve the country’s growing leisure boating sector with maintenance and technical support
Sunseeker confirms new ownership, CEO and leadership team
Cross Ocean Partners and Cheyne Capital have completed their acquisition of the UK yacht manufacturer, with Scott Millar appointed CEO alongside four senior executives to drive its five-year growth strategy
Sanlorenzo joins consortium bid to rescue The Italian Sea Group
Italian yacht builder confirms minority stake in Polo Nautico Carrara, which has submitted binding offer to acquire TISG’s operations
Singapore regulator launches Phase 2 review of SUTL marina acquisition
Competition authority to conduct an in-depth assessment of SUTL Enterprise’s proposed acquisition of Marina at Keppel Bay
SYBAss launches new manifesto including first ever three-year plan
New strategy sets a clear work agenda for the team while giving the industry clarity on the organisation’s future direction
Donerail, Blackstone, and Centerbridge are final bidders for MarineMax
Three major investment firms are competing to acquire the world’s largest recreational marine dealer
Sealegs expands dealer network across US and Australia
Finnish boat registrations on par with 2025
Sea Ventures appoints new managing director
Japan Investment Adviser buys Yokohama yacht dealer
Abu Dhabi opens Waterway Monitoring Centre to enhance maritime safety
Boats Group study reveals importance of pre-sale brand visibility
OXE Marine Q2 revenue falls as losses widen
Wildfires force evacuation of France’s Cap Ferret boating destination
EBI secretary general on European market headwinds and hopes for recovery
Carla Demaria joins ICOMIA board as co-opted director
Correct Craft acquires Ranger Tugs, Cutwater and Solara parent
Sterk Yachts appoints Nautical Ventures as exclusive Florida dealer
Lookout grows global footprint with dealer network expansion
Catana Group reports nine-month revenue decline
1st Aqaba Blue attracts international support ahead of 2026 launch
People on the Move this Week
MarineMax FQ3 profits and margin up despite drop in revenue, same-store-sales
Swiss bank Julius Baer more than doubles first-half profits
Floating Life strengthens collaboration with Sunreef Yachts
Next Yacht Group acquires metal fabrication specialist
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