The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Azimut expands dealer network in New Zealand and Mexico
The Italian yacht builder appoints The Nautical Group and renews its partnership with Performance Boats to strengthen sales and after-sales support
Moonen Yachts marries hull and superstructure of 10th Martinique
The company joins the steel hull and aluminium superstructure of its 10th Martinique, with delivery scheduled for June 2027
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
Donald Kau takes on communications leadership at Cape Town’s V&A Waterfront as the precinct develops its marine and commercial infrastructure
HikoTerra expands global distributor network
New appointments across seven markets aim to strengthen sales and service for the company’s H⁴ Hybrid Power System
Mirava raises nearly US$7.5m for smart electric boat expansion
Angel round will fund production, European market development and further work on autonomous boating technology
Cape Canaveral shipyard eviction leaves 40 boaters stranded
An eight-year legal dispute has left around 40 boat owners facing costly crane launches after the shipyard operator was evicted
Boats Group and Galati Yacht Sales extend long-standing partnership
Renewed agreement will deepen data sharing and digital collaboration across the boat-buying process
Plymouth Boat Fest sets date for 2027 return
The South West maritime event will return on 12 June, with marine technology, vessel displays and industry exhibitors
Elite Yacht Covers named Nautor Swan’s exclusive canvas partner
The partnership will give Nautor Swan owners access to bespoke canvas, replacement covers and specialist aftercare
AkzoNobel and Axalta name merged coatings business Axanzo
The planned merger will create a global coatings group with around 100 brands across more than 160 countries
Five mainland Chinese yachts to mark Hong Kong scheme launch
New rules will allow mainland-registered yachts to navigate Hong Kong waters and use designated berthing areas
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
Mercury Marine to receive state grant to train workers in AI
Fountaine Pajot forms Greek joint venture with Atalanta Marine
Freedom Boat Club signs Melbourne franchise
Boats Group appoints OpenAI executive Brandon McGraw to board
Princess Yachts to premiere C48 and X90 at FLIBS
NMMA launches new Dallas boat show
Ocean Marketing announces leadership changes
Williams and Evene to debut tenders at Fort Lauderdale show
Denison Yachting announces new president
Free registration for Metstrade closes soon
São Paulo Boat Show closes 29th edition with more than 800 boats sold
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