Latest Company News – Page 231
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NewsSanlorenzo IPO to proceed at £16 per share
Italian yachtbuilder Sanlorenzo confirms the success of its public offer for up to 35% of the company’s share capital
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NewsSanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December
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NewsSeaWide Distribution expands portfolio
Seawide Distribution, a US wholesale distributor of outdoor products, boat systems, consumer and marine electronics, is now an authorised distributor for Sonos products. Seawide says it is the first Sonos distributor for the marine market.
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NewsOyster Yachts in major recruitment drive
UK boatbuilder Oyster Yachts has announced it is hiring 150 new employees in a bid to keep up with global demand.
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NewsPolish builder appoints US dealer
Poland’s Galeon Yachts has formed a new dealer partnership with Prince William Marine in the US.
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NewsKha Shing wins excellence award for Monte Fino F76
Taiwanese yacht builder, Kha Shing, has been awarded the 2020 Taiwan Excellence Award for its 23m Monte Fino F76 Flybridge motoryacht.
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NewsFreedom Boat Club, Sea Ray win National Safety Award
The Sea Tow Foundation has awarded National Boating Industry Safety awards to two Brunswick brands, recognising the companies for their commitment to safety and sustainability.
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NewsUllman Sails SA reports financial turnaround under new CEO
Ullman Sails South Africa has reported a significant increase in turnover for the past calendar year following a decline over the previous two years.
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NewsBusy year planned for Hudson Yacht Group
The Hudson Yacht Group, based in Xiamen, China, is experiencing a busy time, particularly with its HH Catamarans division. The later was jointly founded by Paul Hakes who recently returned as Hudson’s chief of operations China from a year-long cruising sabbatical.
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NewsSanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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NewsUK firm makes Sunday Times Virgin Atlantic Fast Track 100
The UK’s Superyacht Tenders & Toys (SYTT) has made the Sunday Times’ Virgin Atlantic Fast Track 100 list for the second year running.
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NewsLignia Wood Co appoints new dealer for Italy and Switzerland
Growing involvement with yacht market
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NewsAmico inaugurates 4,000-tonne capacity shiplift
Genoa-based Amico & Co officially inaugurated it new €27m, 4,000-tonne capacity shiplift on Thursday. The new facility is not only an important development for this global leader as a superyacht refitter, but also a major bonus for Genoa in its ongoing campaign to become a key superyacht hub.
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NewsDutch boatbuilder opts for Pirelli-branded tenders
Linssen Yachts of the Netherlands has begun offering Pirelli-branded RIB tenders as options on its displacement motoryachts from 9m-15m.
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NewsMARIN welcomes SMEs with ambitious ideas
In 2020, the Maritime Research Institute Netherlands will again open its facilities to five SMEs to test a new maritime concept, see if it works and demonstrate it.
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NewsSea Pro Boats chooses Dometic
Sea Pro Boats in the US has chosen Dometic’s SeaStar Optimus EPS and SeaStar Power Assist steering as standard equipment on its larger, high-horsepower boat models.
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NewsFendequip appoints Finnish distributor
UK-based mooring specialist Fendequip has appointed Finland’s leading equipment wholesaler, Oy Maritim Ab, as a distributor of its fenderCovers and other mooring-related products. The deal was announced at last week’s METSTRADE Show in Amsterdam.
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NewsItalian boatbuilder secures new Balkan brand representative
Italian boatbuilder Arcadia Yachts has signed a deal to secure a new brand representative, Blu Yachts, as part of its efforts to expand to Croatia and Slovenia.
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NewsCox hopes to start CXO300 production in early 2020
Cox Powertrain Ltd plans to manufacture 2,000 units of its new CXO300 outboard diesel engine in 2020 once it has the required approvals from the US’s Environmental Protection Agency and the European RCD.
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