The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
US consumer and CEO confidence weaken amid economic uncertainty
Confidence among US consumers, CEOs sagging in response to continuing trade, geopolitical tensions
Grady-White owner rejects $400m offers, transfers company to perpetual trust
Eddie Smith has transferred the company to a trust structure designed to preserve its independence, making it the first marine industry business to adopt the model
Preliminary programme revealed for ICOMIA World Marinas Conference 2027 in Shanghai
IWMC2027 marks a landmark moment for the sector, recognising Asia-Pacific’s growing influence in global marina and waterfront development
Another record quarter for Garmin
Q2 revenues up 11% to US$2.2bn while marine segment revenues grow 14% to $341m, leading electronics giant to increase full-year guidance
Jeddah Yacht Club to host new Red Sea Yacht Show
Saudi Arabia is set to enter the international yachting calendar with a new event launching in Jeddah in October 2027
![Johannes Hertel IMG_0563_2 2[31] (kopia)](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/100x67/9/6/9/63969_johanneshertelimg_0563_2231kopia_385160_crop.jpeg)
Windy Scandinavia names new head of sales and marketing
Swedish builder promotes key figure behind its superyacht chase boat transformation as it prepares to launch two new SR models in 2026
Xylem reports higher Q2 earnings and raises full-year EPS guidance
US water technology firm raises full-year guidance on improved profitability and margin expansion
Robertson & Caine appoints new managing director
Mark Bradford was previously MD of Diesel-Electric
Nuclear propulsion for superyachts debated at Monaco Energy Boat Challenge
Lloyd’s Register joined industry experts to explore nuclear-powered yachts as advances in small modular reactor technology spark renewed interest
Dynaxo expands Polish factory to meet rising demand
The ceramic cooktop manufacturer has invested in new machinery and upgraded production lines at its western Poland facility
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
Central Yacht secures strategic investment for Asian market expansion
Beneteau reports 12% revenue growth despite Q2 slowdown and reveals much reduced order intake
Zero USV delivers first Oceanus17 uncrewed surface vessel
New Angolan shipyard targets recreational service sector growth
Sunseeker confirms new ownership, CEO and leadership team
Sanlorenzo joins consortium bid to rescue The Italian Sea Group
Singapore regulator launches Phase 2 review of SUTL marina acquisition
SYBAss launches new manifesto including first ever three-year plan
Donerail, Blackstone, and Centerbridge are final bidders for MarineMax
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
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