The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Twin Vee PowerCats to merge with USFM as marine business goes private
The US builder will merge with mineral developer USFM Corporation while spinning off its Twin Vee and Bahama Boat Works brands into private ownership
Vietnam tourist boat capsizes, killing 15
Reports say 32 Indians and four crew were on board the vessel
Archipelago and Chartwell demonstrate methanol-powered range extender
UK companies successfully test methanol-powered range extender designed to extend the range of battery-electric vessels as they move towards commercial deployment
Ocean Signal recognised with King’s Award for Enterprise at royal reception
The UK safety equipment manufacturer was honoured at St James’s Palace for innovation behind its rescueME PLB3 personal locator beacon
Leadership appointment at Lippert
Becky Beckman named director of marine sales
Sensar Marine and SailTies partner on automated digital voyage logging
The new service enables Sensar Marine users to automatically transfer voyage data into the SailTies digital logbook
Aspen unveils new C110 cruising catamaran
New flagship outboard model offers choice of asymmetric or twin-engine configuration
Boomeranger makes major investment in drone boats
The Finnish builder is investing €3m to expand its factory and begin producing USVs
World Cat introduces new hybrid design strategy
North Carolina boat builder’s 235HB Hybrid reflects new design approach aimed at combining fishing, cruising and watersports applications
Cantiere delle Marche names new sales manager
Filippo Buonpensiere has worked for the Italian superyacht builder for six years
NatPower Marine acquires Aqua superPower to accelerate global marine electrification
The acquisition brings Europe’s largest international electric boat charging network into NatPower Marine’s platform as the company targets wider deployment across ports and marinas
Brunswick targets lifestyle retail with new brand licensing strategy
Boat, engine and marine equipment builder partners with apparel manufacturer Changes Inc to extend the commercial reach of its brands and broaden consumer engagement through lifestyle merchandise
Turkish superyacht law firm opens Hamburg office
Flux Marine sets sights on EU after full CE certification
Sanlorenzo launches first Heritage model ahead of Cannes debut
Yacht Sales International appointed Oceanwalker dealer for US and Caribbean
Leadership appointment at Suzuki Marine USA
Cockwells delivers first Duchy 35 to US owner
BWA Yachting expands into Iceland
Ocean Racing Trust rejuvenated to boost SA maritime sector
People on the Move this Week
CNB founder and former Groupe Beneteau Boat Division CEO dies
Singapore Yachting Festival 2027 pushes dates forward one week
Oceanco Group buys Dutch yacht components maker
Pettit Paint expands marine sales team
The Italian Sea Group secures court protection, considers €100m capital increase
AIATA appoints new dealer for France and Monaco
New Glendinning distributor for Poland
Vision Marine relocates tender showroom to Dania Beach
RAD secures £4.4m funding to accelerate autonomous marine tech development
Maritimo names exclusive Greek dealer
West Marine asset auction cancelled in favour of reorganisation plan
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