The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Lectrotab acquires US trim tab specialist
The company has bought the assets of Smart Tabs manufacturer Nauticus Inc
New Jersey dealer buys marina for US$5.2m
Acquisition brings new business opportunities with expanded storage space and facilities for larger boats
Catalina, True North Yachts sold
The transaction marks a new chapter for the US brands
Suntex acquires Arizona marina
Saguaro Lake Marina represents third Phoenix-area property operated by US marina chain
Alva Yachts sold to Australian firm
Acquisition creates “the world’s largest solar yachting company”
Safe Harbor sale puts Florida marina redevelopment in doubt
St Petersburg’s Municipal Marina is now owned by global investment firm Blackstone
ACQ Group acquires AI solutions specialist, appoints CTO
YachtMind is now an ACQ brand and the company’s internal software house
Shuttered Baltimore-area marina to be auctioned off May 28
Property to be sold in as-is condition following sudden closure to safety concerns
US multi-line dealer acquires Virginia marina
Holly Acres acquires 135-slip Hoffmaster Marina in Washington DC suburbs
BlueWater Marinas acquires another Florida facility
The Boathouse Marine Center in Pompano Beach sells for US$16.1m
Bryton Marine Group acquires Canadian marina
Freshwater Marina in Campbell River, British Columbia, slated for future expansion, including accommodation for boat manufacturing operations
Sea Pro Boats to take over production of US pontoon brands
New company formed to manage future business operations of Coach, Xcursion pontoon boat banners
Marine West buys French boat rental firm
Fairline latest: Bronzewood Capital said to have completed deal
Imray forms joint venture with Austrian cartography firm
Skipperi New Zealand changes hands
German marine industry associations merge
Heesen Yachts sold to Dutch entrepreneur
Maritimo buys Australian boat brand
French group acquires local keel specialist
Balk Shipyard goes back to Dutch ownership
Charleston Harbor Resort & Marina up for sale
BSI buys Danish control systems specialist
BRP sells Alumacraft
SuperYacht Times acquires Marina World
BRP sells Telwater boat business to Yamaha Motor Australia
Fairline latest: Head of Bronzewood was former shareholder in Ferretti dealership
French insurance broker to acquire US firm
US boatyard acquires Portland Boat Show
Fairline Yachts said to have preferred bidder in sight
Fairline Yachts administrators receive several bids for brand
Vakaros buys sailing instrumentation firm