The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Sunseeker names new CEO
Andrés Rubio takes helm following yesterday’s announcement of new ownership
Middle East Update - Industry strives to adapt
As day five of the ongoing conflict in the Middle East unravels, IBI’s Middle East correspondent provides an update from two key Industry sources in the United Arab Emirates.
90-day comment period on Right Whale Vessel Speed Rule opens
Stakeholders have until June 2, 2026, to provide input on the proposal, which seeks to balance conservation with economic and industry concerns
Twin Vee revenues up but losses continue
Cost reduction initiatives improving the bottom line, but profitability continues to elude US boat builder
MarineMax shareholders give McGill a vote of confidence
Shareholders of the global marine retailer and service provider, reaffirm their support for CEO William Brett McGill at the company’s Annual Meeting, reelecting him and two directors to three-year terms despite a takeover bid
Weichai boosts stake in Ferretti Group
Weichai Shandong Heavy Industry Group has raised its stake in Ferretti S.p.A to 39.05% through a share acquisition on the Hong Kong Stock Exchange,
Cape Town yacht exports soar, but 2025 faces tariff and port challenges
Cape Town’s yacht exports grew 19% annually from 2019 to 2024, but 2025 faces declines due to US tariffs and port constraints
Hempel achieves record financials, driven by marine segment growth
Paints and coatings specialists delivers strongest financial performance to date with the marine segment leading the way, achieving 9.8% organic growth and €750 million in sales
IGY Marinas renews management agreement for St. Katharine Docks
US-based IGY Marinas to continue management, marketing of iconic London facility
Malibu unveils strategic vision behind Saxdor deal
Malibu Boats to expand its market presence, leverage international manufacturing, and fill strategic product gaps
Preliminary 2025 US sales data down, 2026 starts weak
Preliminary US recreational new boat sales figures for 2025 show across the board declines in units with the exceptions of aluminum fishing boats and PWC, and the January 2026 figures paint a bleak start to the year
Flux Marine shifts strategy focus to commercial growth
Appointment of former Mercury exec Gary Lancina to advisory board seen as pivotal to achieving revenue growth targets
GlobeSailor expands Mediterranean charter options with new bases
Navigating the future: ICOMIA, EBI and industry leaders discuss market trends, costs, and sustainability in Bosphorus Boat Show panel
Mercury cuts ribbon on Florida plant expansion
Sunseeker sold again
Tingdene Group announces new CEO
US boat builder completes sale – lease back of its plant and HQ
Malibu Boats acquires Saxdor
ISO approves groundbreaking environmental standard for superyachts
Freedom Boat Club reports record growth in member outings, highlights boating trends among millennials and Gen Z
AkzoNobel reflects on 2025, prepares for strategic leap in 2026
Conflict in the Middle East – Implications for the marine industry
MasterCraft adds Caribbean dealer
Mood index: EU economic sentiment nosedives as service sector takes hit
Sunseeker reports strong sales success from Miami show
Honda extends rigging warranty
Rolls-Royce Power Systems delivers strong results and record investments
Fountain, NauticStar sold to Whisper Marine
New Swedish builder to begin production of lightweight electric watercraft
Sunreef Yachts appoints global commercial director
IMO makes the reporting or spotting of lost containers mandatory





















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