Market News – Page 229
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OneWater continues P&A acquisitions
The acquisition marks another step in OneWater’s aftermarket diversification plans; IBI comments
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Dubai show opens next week after two-year hiatus
Middle East Yachting Conference to take place prior to the event
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Superyacht services firm issues strong trading update
Global Yachting Group expects to report “robust performance” in 2021
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Chinese takeover of Dutch superyacht yard agreed
The Dutch government has no objection to the takeover, announced in January
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Dometic adds two American marine brands to the fold
Sweden’s Dometic Group has announced further acquisitions in the marine sector, adding products and distribution capabilities in engine controls, mobile power and charging systems
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UIM bans Russian and Belarusian motorboat competitions
The world governing body for all powerboat activities reaffirms solidarity with Ukraine
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OneWater Marine acquires US yacht broker with $80m in sales
Acquisition expands superyacht sales, yacht services for US retail chain in two purchase agreements announced today further expanding the Group’s footprint in the industry.
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Europe clamps down on Russian boat activity
France orders seizure of Russian yachts, UK restricts access to Russian vessels
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UK design and refit specialist relocates
Setag Yachts moves to Queen Anne’s Battery marina in Plymouth
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New stevedoring company opens in Florida
Yacht Stevedore Solutions specialises in yacht handling and logistics
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US builder reports “fantastic” February
The Viking Yacht Company says it sold 43 Viking and Valhalla boats last month
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NMMA Digital Show Guide test a success
Full launch in October provides revenue opportunity for trade group
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Italy’s Monfalcone yard becomes
Groupe Beneteau ItaliaFormerly dedicated to production of the Monte Carlo Yachts brand, the Monfalcone shipyard is now a multi-brand facility for French boatbuilder Groupe Beneteau
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World Sailing expresses concern over Ukraine sailing community
No events in Russia or Belarus planned in 2022
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Glendinning appoints Swedish distributor
Diesel Power AB to exclusively represent Glendinning engine controls in Sweden
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German oil and additive specialist establishes UK subsidiary
Liqui Moly UK is based in Birmingham
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French electric motor manufacturer to raise US$5.7m in Series A funding
Funds will be used for expansion following launch of flagship product
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Polaris hints at further acquisitions in marine segment
2022 Analyst and Investor Day presentation notes marine segment positioned as strategic platform for future M&A activity
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Ukrainian arrested for attempting to sink Russian superyacht in Spain
Lady Anastasia is owned by Alexander Mijeev, CEO of a military weapons manufacturer
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