Company News – Page 4
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NewsPE firm acquires Italy’s Amare Group
The deal brings together Amare and Seasmart under MHI Group, creating a multi-product supplier for the yacht and superyacht sector
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NewsSA milestone as Balance Catamarans marks 100th launch
The South African cat builder delivered a Balance 502 at Cape Town’s Royal Cape Yacht Club this week
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NewsTwin Disc reports record Q4 revenues
Strong Q4 caps positive year for US propulsion systems equipment builder, with overall revenues up 11.9% YoY
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NewsSouth African marine suppliers partner to boost decking supply
EvadeX SA and Permadeck SA have formed a strategic partnership
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NewsFairline strengthens Mediterranean presence with new Italian dealer
Yachts Collection to exclusively market the UK brand in Italy
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NewsRapsody Yachts debuts R35 V-Foil at In-Water HISWA
The 35ft motoryacht features an innovative foil system that lifts hull to reduce drag and fuel consumption
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NewsAcquera buys majority stake in marine recruitment firm
Wilsonhalligan will continue as an independent company under its existing management
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NewsTohatsu to take over Achilles distribution in US, Canada
Tohatsu America Corporation to oversee North American distribution of Achilles inflatable boats effective October 1
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NewsSunseeker launches Sunseeker Europe
Sunseeker International to take over from Sunseeker London, Europe’s largest motoryacht distributor
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NewsDometic Marine expands with new Italian manufacturing facility
The move is designed to boost manufacturing capacity, improve operational efficiency, and enhance supply chain resilience
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NewsAustralian tender builder names first European dealer
MC-Zero has appointed Vanguard Marine ahead of its European debut at Cannes
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NewsRay Bryant Marine sold to new owners
Father-and-son team acquires New Zealand Mercury and MerCruiser dealership and service centre
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NewsYanmar consolidates Vietnamese operations, including boat building
Consolidation of existing marine, industrial and agricultural under unified corporate structure to leverage internal collaboration
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NewsMyers Industries sells tire supply business for US$30m
Divesture seen as a positive step in company’s ongoing transformation towards a more focused engineered-products business
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NewsTISG reports overdue debts exceeding €270m in latest financial disclosure
Thirty-eight creditors have issued payment orders against The Italian Sea Group, with 22 settled so far
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NewsFerretti Group CEO sets out six “obsessions” to drive future strategy
Stassi Anastassov has used his sixth letter to employees since taking office to outline the ’Business DNA’ criteria that will shape decision-making at the Italian yard
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NewsHighfield at 15: new vision, new markets, new division
The US RIB builder celebrated its 15th anniversary in Chicago last week with 100 dealers backing its vision to lead the sub-10m boat market
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NewsItalian glazing specialist secures new investors
The Equity Club and Fondo Italiano d’Investimento take stakes in Isoclima
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NewsUS Senator, Congressman visit Volvo Penta NA’s facility
Virginia officials toured Volvo Penta’s Chesapeake headquarters to review the company’s workforce development programs
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NewsAskeladden Boats declares bankruptcy
Years of economic pressure and geopolitical instability have eroded demand in the 6m-9m segment
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