The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
AkzoNobel shares fall over 20% after latest takeover offer ends
Merger with Axalta now back in focus to create €25bn paints business
FIM launches dedicated superyacht tender division
The Italian boat builder has expanded into the luxury tender market with a new division focused on bespoke craft for superyachts, hotels and hospitality operators, debuting with a 9.4m carbon-composite model
IBEX registration opens
Registration opens for North America’s largest marine trade event, scheduled to run from October 6-8 at the Tampa Convention Center
Dutch water sports sector valued at €6.6bn as new report fills data gap
A comprehensive analysis of the Netherlands’ boating and water sports industry has revealed the sector’s significant economic contribution for the first time
Vision Marine opens Nautical Ventures dealership in South Florida
The waterfront facility in Dania Beach combines boat retail, marina access, watersports activities and electric propulsion demonstrations
Eastern Cape delegation courts Italian builder for South African investment
The province is seeking to attract international investment to accelerate boat building and ship repair capabilities
Galeon Yachts partners with InSitu Design on new 700 Sky interior concept
The new concept debuts on the ninth hull in the series, signaling the yard’s push toward larger, more luxurious offerings
Industry confidence buoyed by Gothenburg Floating Boat Show
Exhibitors report strong leads and growing market confidence at the inaugural event
Neander Marine expands Asian distribution network
New distributor agreements expand availability of the Dtorque 50 diesel outboard across five Southeast Asian markets
New SilverCat dealer for south coast of England
The move expands SilverCat’s UK presence, strengthening distribution for power catamarans in the key coastal market
Bulgarian electric boat builder secures funding for expansion
The investment will support expansion of the company’s R&D and production capacity
Boat builder turns movie maker
Former Riva and Chris Craft investor releases major feature film
BoatUS seeks boater support for abandoned vessel clean-up
Brunswick launches TotalCare bow-to-stern protection for boat owners
EVAL SA named exclusive AquaAmp distributor in Greece
Marine industry’s premier strategic forum convenes tomorrow as sector faces critical crossroads
Parker Boats names new president
Princess Genuine parts and accessories store launches
Mare Forum Istanbul marks 10th edition with focus on shipping and SY sector
BRP marks 29% Q1 revenue jump
Webasto appoints new CFO
Sanlorenzo APAC appoints Bluegame representative for Japan
Tohatsu restructures China distribution network
UK brokerage appointed distributor for Quarken Boats
Yamaha taps capital markets through dealer finance-backed offering
French industry association calls for national mobilisation against recreational boat tax
Mood index: EU business, consumer survey results for May
Powerboats USA appointed Manari Yachts dealer for US market
IMM acquires Atlantic Refit Center to establish European operations
Hammer Yachts launches flybridge version of HammerCat 35HH
Iron Boats expands dealer network with SeaBrave Marine appointment
New association launched to represent superyacht designers and naval architects
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