The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
TISG CEO Giovanni Costantino steps down amid company challenges
The departure leaves The Italian Sea Group facing mounting uncertainty, with the luxury yacht maker now requiring a new board to guide its future direction
Turkish shipyard ends partnership with Nordhavn Yachts after 55 builds
The partnership ended amicably due to rising production costs
Leadership change at World Cat
COO Vann Knight named president of US fibreglass boat builder
VMG unveils details of first 16m trimaran
The New York-based startup has revealed further details of its first model, the VMG 53, ahead of its planned January 2027 debut
Croatian dealer opens Monaco office to expand Mediterranean presence
Navis Marine has established an international sales and brokerage hub at Port Hercule
Petition targets Starlink’s new international roam restrictions
Online petition garners hundreds of signatories within hours of being launched
Investors confirmed for Smart & Sustainable Marina Innovation Awards
Applications for startups and scaleups close on 22 July
Former Wellcraft president, Marine Concepts founder dies
Bob Long passed away last week at the age of 86
Bluegame unveils new BG64 model ahead of Cannes debut
The 64ft yacht brings together design elements from the company’s larger models with the hull platform of the BGX63, marking the first major product launch under new CEO Gianguido Girotti
Aquavista appoints chief operating officer
Mark Brooke joins the UK marina operator to oversee operations across its 33-marina network
Fountaine Pajot launches new brokerage brand
The French catamaran builder has entered the pre-owned yacht market with the introduction of Vélite, an international brokerage network supported by Nextsail
Freedom Boat Club expands in France
New locations in Sète and Gruissan strengthen brand presence on Mediterranean coast
Fairline strengthens European sales network with key dealer appointments
Groupe Beneteau launches dedicated marine finance programme in Australia
First Pershing GTX90 launched as new Sport Utility Yacht expands GTX range
Volvo Group reports higher Q2 sales and earnings
Interview: Cannes Yachting Festival director on growth, innovation and managing demand
French lawmakers propose ban on superyachts over 50m
Vision Marine posts 27% sequential revenue growth
Vitters achieves fossil-free superyacht breakthrough with Yacht Zero launch
Major German contract fuels Marine Alutech’s growth
Women in Marine returns to Southampton show with focus on career opportunities
People on the Move this Week
Hydro Tec names new executive vice president
Brunswick Corp wins eight dotCOMM Awards for online marketing
Former NMMA staffers join Boats Group for Industry Relations roles
Tureddi Yachts appoints UK and Ireland sales director
Sailfish Boats expands dealer network with five new partners
Dan-Bunkering sponsors 2026 African Boating Conference
Nauta refreshes 40m Abeking & Rasmussen sailing yacht
New Wire Marine expands manufacturing facility
Whisper Marine acquires Crownline Boats
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