The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
West Marine asset auction cancelled in favour of reorganisation plan
The US boating and fishing retailer filed for bankruptcy protection in May
Kadey-Krogen Yachts files for bankruptcy
US long-range cruising yacht builder and two affiliated companies file for Chapter 7 bankruptcy following a joint decision by directors
RAD secures £4.4m funding to accelerate autonomous marine technology development
The UK marine technology company has raised the amount to support international expansion, product development and the commercialisation of its Axon vessel systems archite
EP Barrus reports sales and profit increase despite headwinds
The UK distributor of marine engines and equipment recorded higher turnover and profits for the year ended 30 September 2025, despite continued economic pressures affecting consumer demand across several of its key markets
UK yacht refit specialist enters liquidation
Plymouth-based Yacht Solutions Europe has entered creditors’ voluntary liquidation with debts of more than £600,000 following the failure of its predecessor company
Registration opens for 2026 Turning the Tide Summit
BoatUS sustainability initiative to explore the removal of abandoned and derelict vessels and other boating-related waste
In-Water HISWA embraces AI, innovation and ‘optimal visitor experience’
The 41st edition features AI integration, new layout, and multiple premieres
BRP opens distribution and logistics centre in Quebec
The 950,000ft² facility will consolidate parts, accessories and apparel for all of the company’s brands
Cape boat building sector resilient despite xenophobic unrest
South African yards escaped last week’s nationwide anti-immigrant protests with minimal disruption
IBEX expands team with three appointments
The International BoatBuilders’ Exhibition & Conference has appointed three new team members across sales, education and marketing as it looks to enhance its annual event and expand year-round content and customer engagement
Gulf Craft’s new Superyacht Service Centre in full operation despite Gulf conflict
IBI’s Middle East correspondent toured the facility in Ajman last week
Van der Valk Shipyard names new CEO
Dutch superyacht builder names Evan Kortmann as chief executive
UK sail training sector records more than 47,000 days at sea
Pioneer Yachts launches first PY60 solar-electric catamaran
Quantum Marine Stabilizers opens Monaco office
Brabus partners with AB Yachts to develop co-branded yacht line
Teledyne appoints Michelle Hildyard as general manager of Raymarine and FLIR Marine
US military power meets Iranian resilience – how the Gulf leisure marine industry is coping
Heesen Yachts creates new technical services and after-sales role
D-Marin sold to European private equity firm
Videoworks integrates Bang & Olufsen audio systems on Ferretti Custom Line yachts
Marina Ibiza retains Blue Star Marina certification
Superyacht crew survey launched a year after Paige Bell tragedy
Fountaine Pajot announces management reshuffle amid revenue and profit decline
People on the Move this Week
Alumax Amsterdam opens shipyard in Vietnam
Autore builds “world’s largest” centre console outboard sportsfishing boat, Huntrex 70
Marine Components International appointed UK distributor for Hydrotab
Yachting Ventures Startup Pitch Competition returns to Metstrade with expanded networking push
Remoran Oy appoints Bainbridge International as US distributor
Sparfell Group adds yachting to its lifestyle services portfolio
Hunyvers secures €5m financing package to support growth strategy
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