The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
TISG opts to move forward with SRI Group Global’s €260m binding offer
Vincenzo Poerio, set to lead SRI’s bid, is expected to step down as CEO of Tankoa
Maxwell Marine strengthens Italian superyacht business with new hire
Daniele Toretta will drive OEM and refit business across Italy’s superyacht sector
Kicker Marine Audio enters supply agreement with Caymas Boats
Kicker will be the standard audio offering on the Caymas DV series
Pendry to open first dedicated yacht club as centrepiece of Barbados resort
Pendry Yacht Club will offer 110 berths for vessels up to 80ft, anchoring the group’s new luxury development ahead of its late 2027 opening
Princess Yachts appoints first Georgian distributor
Crystal Yachts Georgia takes on sales and aftersales support for the UK builder, as Batumi emerges as a growing yachting hub on the Black Sea
BSI Rigging appoints senior sales manager
Neil Brinsdon joins the Danish firm, bringing over three decades of industry experience
US AGOA exit pushes South African boat exports into higher tariff bracket
The planned US withdrawal of AGOA trade preferences from January 2027 would raise tariffs to 14-15%, though trade talks continue
Ferretti restructures marketing and communication operations
New structure will oversee the full customer journey, strengthen international presence, and boost operational efficiency
Marsh & McLennan acquires US boat insurance specialist
Financial terms of the Triton Insurance Agency acquisition were not disclosed
Hong Kong doubles down on luxury yachting with twin November showcases
The Lantau Yacht Club’s Festa Nautica will follow on from the new Festival of Connoisseurs show this week
Startup x Investor Day returns to boot Düsseldorf for 2027
Yachting Ventures and EBI will bring founders, investors and industry leaders together
Van der Valk unveils 30m Project NEXO concept yacht
A new crossover concept from the Dutch shipyard blends flexible living spaces with a wellness-focused design, built around a dual-level beach club
New Albanian RIB brand eyes expansion into Italy, Croatia
Balmaris acquires controlling stake in Jesolo marina
Lippert rejects Monomoy proposal
Saxdor expands North American footprint with three new dealers
Discover Boating Australia enters its sixth year
Free Metstrade 2026 registration open for IBI readers
BBA 2026: Inside the race for Innovative Design Solution
Back-to-back October boat shows boost activity in Turkey’s yachting sector
Whisper Marine acquires Heyday Boats from Brunswick
Cape Town yard building first aluminium sailing catamaran
Viking holds four world premieres at FLIBS
Oceanco expansion plan faces legal challenge from local resident
US marine industry faces sea change of elected officials following Tuesday’s vote
Port Harbor Marine sold after 50 years of family ownership
BBA 2026: Inside the race for Innovative Design Solution
Outdoor Network acquires NauticStar Boats and enters manufacturing
NextBoat secures up to $7.2m to expand pre-owned boat business
Patrick Industries Q3 marine sales up 14%
Former Catalina owner files for Chapter 7 bankruptcy with $3.8m in debts
Q3 revenues climb 8% for Myers
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