The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
New Wire Marine expands manufacturing facility
US marine electrical systems manufacturer invests US$2m to increase production capacity and create new jobs
Whisper Marine acquires Crownline Boats
US pontoon boat manufacturer expands into the sport, deck and cruiser segments with the acquisition of one of America’s longest-established recreational boat brands
Dometic Q2 marine business grows despite softer US market
Second-quarter marine sales rose 3% organically as aftermarket demand offset weaker OEM activity, as higher costs and West Marine bankruptcy weigh on group earnings
Finnmaster expands dealer network with five international appointments
New dealer partners in Egypt, Finland, Latvia, Lithuania and South Korea for the Grandezza, Finnmaster and Husky Boat brands
Numarine strengthens global sales team
Turkish builder appoints Bogdan Gusarev for Europe and CIS, expands Salih Küçükoğlu’s role to include Turkey with MENA and APAC
Informa Markets hires Italian representative to expand US boat show access
Cristina Fonzar will support Italian exhibitors and business development across Informa’s portfolio of US shows
ExploMar-powered XNRG defends Monaco Endurance title in Force 4 conditions
The XNRG 8.3m RIB equipped with ExploMar’s WAVE 300 electric outboard successfully defended its 16Nm Endurance Championship at the 2026 Monaco Energy Boat Challenge
Ocean Power Technologies demonstrates autonomous offshore drone charging
OPT deployed PowerBuoys with Rutgers University to replace a cable-based monitoring system, providing offshore power and communications without permanent infrastructure
Wisconsin marina sold for US$5.8m
The Connecticut-based Grove Point Marinas has acquired Southport Marina in Kenosha, according to Wisconsin state records
Feadship strengthens Royal Van Lent sales team
The Dutch superyacht builder appoints Robert Drontmann and promotes Xavier Soubeyran as it expands its client-facing commercial team
Malibu Boats refinances credit facility through 2031
New term loan capacity of US$100m and a US$250m revolving facility replace the existing credit line in a refinancing with Truist Bank
Middle East update: Qatar suspends maritime activities until further notice as the country mourns the late Father Emir; tensions continue to mount in the Straits of Hormuz
As tensions escalate in the Gulf, Qatar’s temporary suspension of maritime activities raises fresh questions for the recreational marine sector
Turkish shipbuilding exports on course for record 2026
Putin puts AkzoNobel’s Russia subsidiaries in temporary external administration
Leadership appointment at GOST
Satellite ‘space race’ ignites in SA as Starlink delays open door for global rivals
Azimut launches Grande 44M flagship ahead of Cannes debut
Vietnam tourist boat capsizes, killing 15
Archipelago and Chartwell demonstrate methanol-powered range extender
Ocean Signal recognised with King’s Award for Enterprise at royal reception
Twin Vee PowerCats to merge with USFM as marine business goes private
Leadership appointment at Lippert
Sensar Marine and SailTies partner on automated digital voyage logging
Aspen unveils new C110 cruising catamaran
Boomeranger makes major investment in drone boats
World Cat introduces new hybrid design strategy
Cantiere delle Marche names new sales manager
NatPower Marine acquires Aqua superPower to accelerate global marine electrification
Brunswick targets lifestyle retail with new brand licensing strategy
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
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