The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Building through the downturn: How Finnmaster is turning slow times into smart growth
Despite a tough year for global boatbuilders, Finland’s Finnmaster Boats hasn’t stood still. From expanding into new markets and investing in R&D, to unveiling fresh models and embracing sustainability, the company is using the downturn as a launchpad for long-term success. COO Pia Niska and sales manager Sami Selio share ...
South African yard launches first custom 65ft cruising yacht
The commissioning team hopes to complete work by mid-August
Sharrow opens new US manufacturing plant
New 60,000ft² Detroit-area factory to triple propeller builder’s production footprint
ICAST announces innovation winners
Three marine companies among winners at annual new New Product Showcase awards
Portsmouth gears up for SailGP showdown as world-class regattas hit UK shores
This weekend, Portsmouth and Southsea host the Emirates Great Britain SailGP and the return of the historic Admiral’s Cup, uniting elite sailors from around the globe
Lowrance unveils new Ghost X trolling motor
New motor offers greater positioning accuracy, enhanced power, and intuitive control
Lifting the veil: Dutch superyacht industry opens up to public scrutiny
Oceanco CEO casts light on the sector’s secrecy in a rare interview with a Rotterdam daily
People on the Move this Week
New appoinments at Correct Craft, Oyster, Torqeedo and more
Vision Marine Technologies names CTO of operations
Daniel Rathe replaces Xavier Montagne as chief technical officer of the group
Trump: trade deal with India close, EU possible
The eurozone economy remains steady despite US tariff threats
Nimbus delivers stable Q2 results despite challenging conditions
Turnover down 8% in the second quarter of 2025, reflecting continued economic uncertainty in key markets
Industry associations collaborate to grow boating
NMMA, MRAA launch Market Expansion Advisory Group to redefine Discover Boating’s goals and success strategies
Volvo Penta revenues increase on stronger engine sales
New Italian RIB brand to launch at Cannes
Mixed Q2 results for Dometic
HopYacht appoints exclusive Spanish dealer
HVO allowed in EU Stage V marine engines with no extra certification
From shipyard to strategy: HanseYachts plots bold course under new ownership
ePropulsion extends eLite motor series
Princess Motor Yacht Sales grows presence in southern Spain
Marine Group Boat Works sold
Navigo signs landmark superyacht manufacturing deal
Barcelona’s Port Fòrum undergoes major transformation
ICAST show opens
Off The Hook Yacht Sales offers pre-IPO investment
Elvene Boats debuts new solar-electric model
Russian leisure marine sector grapples with rising costs amid sanctions and isolation
IGY Marinas to run Wynn Al Marjan Island Marina in the UAE
Wally unveils second wallywind110 ahead of world premiere
SABBEX says US tariffs would hurt both SA and US due to sector interdependence
Leopard Catamarans adopts ‘single shot’ hull infusion
IBI Summit: Reinventing the boat building business model - key takeaways