Company News – Page 6
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NewsHighfield dealer meeting outgrows hometown
Dealers will gather at Chicago’s Navy Pier Marina from 25-26 August instead of Cadillac, Michigan
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NewsReboat raises funding to expand sailboat refurbishment operations
French company plans to grow its Lorient facility, open a Mediterranean site and scale output to 30 boats by 2027
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NewsMB92 Barcelona secures concession extension to 2050
Expansion backed by €40m infrastructure investment
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NewsFerretti delivers strong cash generation in H1 2026 despite 5.6% revenue decline
New CEO Stassi Anastassov acknowledged a more challenging commercial environment but emphasised the group’s strong balance sheet and operational capabilities
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NewsSunreef Yachts, Brabus unveil the new Brabus Ultima 55
IBI’s Middle East correspondent previewed the vessel in Dubai this June, ahead of its official launch this week
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NewsCallegari RIBs acquires Italian tender specialist
Production of 50-60 tenders annually to be consolidated at Callegari’s Anagni facility
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NewsLengers Yachts declared bankrupt
The Dutch yacht dealer represented brands including Sanlorenzo, Bluegame, Prestige, SACS, and Pirelli Speedboats
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NewsBellini Nautica raises €2.3m through share placing to support expansion
Italian builder will use the proceeds to expand production capacity, invest in technology and advance its industrial plan
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NewsCatamaran Guru expands into Caribbean
US dealer establishes its first dedicated Caribbean office through Virgin Island Yacht Brokers integration
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NewsPatrick reports 22% marine segment growth in solid Q2
Marine segment gains help offset RV sector decreases as US components supplier tightens full-year guidance
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NewsBrunswick raises full-year guidance after strong second-quarter performance
US marine group reports higher revenue and earnings across all business segments for fourth consecutive quarter
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NewsOneWater Marine reports mixed FQ3, “narrows” guidance
US boat retailer posts increased profitability despite lower Q3 sales
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NewsTurkish equipment manufacturer invests $6.3m to double production capacity
Data Hidrolik is expanding its factory by 5,000m² and establishing a new subsidiary focused on after-sales services and spare parts
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NewsDutch rope specialist under new ownership
Premiumropes founder Jan-Willem Polman is handing over leadership to JanKees Lampe
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NewsFreedom Boat Club expands Spanish network with new bases
New locations in Cádiz and Mazarrón support wider European growth strategy
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Product LaunchMAN Engines targets yacht sector growth with expanded recreational portfolio
German engine builder leverages commercial-engine expertise to target new growth opportunities in the premium yacht market
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NewsAnother record quarter for Garmin
Q2 revenues up 11% to US$2.2bn while marine segment revenues grow 14% to $341m, leading electronics giant to increase full-year guidance
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NewsGrady-White owner rejects $400m offers, transfers company to perpetual trust
Eddie Smith has transferred the company to a trust structure designed to preserve its independence, making it the first marine industry business to adopt the model
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NewsXylem reports higher Q2 earnings and raises full-year EPS guidance
US water technology firm raises full-year guidance on improved profitability and margin expansion
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NewsHigh North American retail sales drive strong Q2 results for Polaris
Marine segment revenues climb 16% YoY driven by growing demand for premium pontoon product
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