The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Blackstone acquires MarineMax in US$1.5bn all-cash deal
The agreement ends the months-long bidding war between Blackstone and investment groups Donerail and Centerbridge
Princess Yachts announces death of founder
David King founded Princess in 1965 and spent over six decades building it into one of the world’s most respected yacht manufacturers
Temo’s Vannes facility destroyed by fire
The electric boat motor manufacturer says operations have been suspended at the site while it works to maintain business continuity
Declining revenue, lawsuits lead FB Marine Group to file for bankruptcy protection
The Florida-based marine retailer and boat dealer reports US$1.7m in assets and US$2.6m in liabilities in bankruptcy petition
Ancasta expands European network with new offices
The yacht brokerage and dealership group opens offices in Amsterdam and Montenegro as it targets growth in northern Europe and the Adriatic
TISG launches formal investor search amid restructuring
Multiple potential investors have expressed interest in acquiring the troubled superyacht builder
Q2 profits climb for Lippert Components despite lower revenues
Effective cost controls lead to higher earnings for US equipment manufacturer as it prepares to merge with competitor Patrick Industries
Shadow-Caster hires EMEA sales manager
Ex-Lumishore sales lead Gina Tilsley joins marine LED lighting manufacturer to expand EMEA distributor and OEM networks
Interboot appoints first female project manager
Zuzanna Sroda is taking over as head of Germany’s oldest water sports show
President of Dominica prioritises marine tourism with plans for new marina
The proposed marina at Portsmouth will help expand Dominica’s marine tourism sector, attract more visiting yachts and support wider economic growth as part of the island’s blue economy strategy
Spanish recreational boating market grows 6.8% in first seven months of 2026
Spain records 3,934 registrations as larger boats and charter activity drive continued market growth
Nautical Ventures names new general manager
The leadership role is announced as the Vision Marine subsidiary expands its US retail and service operations
Gulf Craft introduces latest version of the Nomad 70
US ambassador backs South African boat building during Robertson & Caine tour
People on the Move this Week
Australia’s largest off-water boat show wraps up successful four-day run
De Wave invests €10m in new facility as group targets further growth
Manoel Island marina to remain as Transport Malta prepares new concession
AkzoNobel and Axalta shareholders approve merger of their companies
Polish RIB producer shifts production to fishing craft amid booming demand
Getting noticed in the DAME Design Awards 2026
Crest and Balise to offer Savvy Navvy with Apple CarPlay and Android Auto on 2027 models
Sirena Yachts USA undergoes leadership transition
Olympic Yacht Show 2026 attracts interest from more than 100 yachts
New leadership breathes new life into Royal Balk Shipyard
Sterk Yachts begins European testing of Vision Marine electric propulsion system
Singapore Yachting Festival announces expanded 2027 format
ABYC to host webinar on latest small craft standards updates
US bank enters yacht finance market
Polboat Yachting Festival hosts 20 boat premieres amid improving industry outlook
Smartgyro appoints All Points Boats as South Florida partner
Polish builder launches e-catamaran for disabled boaters
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