The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Correct Craft acquires Ranger Tugs, Cutwater and Solara parent
Fluid Motion will continue to operate independently, retaining its brands and team members
OXE Marine Q2 revenue falls as losses widen
Softer market conditions and delayed government projects hit Swedish diesel outboard manufacturer
Wildfires force evacuation of France’s Cap Ferret boating destination
The area is a popular leisure boating hub with numerous marinas, yacht harbours and seasonal cruising
EBI secretary general on European market headwinds and hopes for recovery
Phillip Easthill shares his latest insights as the Polboat Yachting Festival opens in Gdynia
Carla Demaria joins ICOMIA board as co-opted director
Former Bluegame CEO brings global boat building expertise to strengthen ICOMIA leadership
Sterk Yachts appoints Nautical Ventures as exclusive Florida dealer
German builder partners with Vision Marine Technologies subsidiary to expand US presence and explore electric propulsion opportunities
Lookout grows global footprint with dealer network expansion
Enhanced distribution network to strengthen AI navigational platform’s international presence
Catana Group reports nine-month revenue decline
New boat sales fell 21% as geopolitical factors continued to impact market conditions.
1st Aqaba Blue attracts international support ahead of 2026 launch
Jordan’s first international marine industry exhibition has secured more than 80% of exhibition space ahead of its September debut
People on the Move this Week
New appointments at Aquavista, RAD Propulsion, Seven Yachts and more
MarineMax FQ3 profits and margin up despite drop in revenue, same-store-sales
US boat retailer posts 9.2% gross profit increase as inventory normalisation and tariff refunds boost margins
Swiss bank Julius Baer more than doubles first-half profits
The Zurich-based wealth manager maintains strong yachting sector ties through UHNWI services and event sponsorships including Yacht Club de Monaco
Floating Life strengthens collaboration with Sunreef Yachts
Next Yacht Group acquires metal fabrication specialist
Azimut-Benetti Group denies interest in buying TISG
Nautic Center co-founder Marta Espígol dies
Seven Yachts hires charter director to drive EU expansion
Regal Boats appoints Washington State dealer
Balance Catamarans launches final 442 to make way for new model
Mitie Group agrees £3.1bn acquisition by OCS Group International
Business as usual for Dubai-based superyacht refit firm
RAD Propulsion expands in North America with US sales appointment
EBI energy transition roadmap has coastal, inland marinas in its sights
Alaskan community launches 27-vessel clean-up
Former British Marine president, ICOMIA vice chairman dies
Cruisers Yachts grows Mexican dealer network
Lumitec achieves ISO 9001:2015 certification
MB92 explores intelligent refit technologies in new report
Paris show on track for November
Northrop & Johnson broker dies after 50-year career in yachting
TISG CEO Giovanni Costantino steps down amid company challenges
Turkish shipyard ends partnership with Nordhavn Yachts after 55 builds
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