Market News – Page 259
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Homeport launches new Marina Oxyfusion system
The system had its world premiere last week in Dubai
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Suntex acquires Florida marina
US marina operator adds new Tampa Bay location to its growing portfolio
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Yanmar flagship picks up 2021 Good Design Award
The X47 Express Cruiser was honoured by the Japan Institute of Design Promotion
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Demand is greater than supply everywhere, says Volvo Group
In his presentation with investors today, Volvo Group President and CEO Martin Lundstedt explained how the company delivered solid results despite persistent headwinds in the supply chain
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Carling Technologies sold
The transaction is expected to close during the fourth calendar quarter of 2021
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Sold-out Biograd show opens to large crowd
Central Europe’s biggest in-water show is being held at Marina Kornati in Croatia
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OneWater acquires US parts and accessories supplier
The sale is expected to close before the end of the calendar year
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2021 Discover Boating and Take Me Fishing campaign earns three billion media impressions
Get On Board campaign drives record traffic to Discover Boating website and 2.2 million direct referrals to boatbuilders
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Raw material prices figure heavily in AkzoNobel Q3 results
Dutch multinational specialist in paints and coatings, AkzoNobel, discussed the significant impact raw material inflation is having on the business in today’s call with investors
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Groupe Beneteau buys Portuguese boatbuilder
Acquisition strengthens Beneteau’s presence in the 25ft-35ft powerboat market
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Allpa Marine Equipment forms new company
Allpa Marine Group (AMG) will allow the Dutch wholesaler to realise its ambitious growth strategy
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Winnebago reports record US$1bn Q4, $3.6bn FY revenues
Strong continuing demand for boats and RVs propels US builder to best-ever financial results
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Twin Vee launches first nationally branded mobile marine service company
Fix My Boat is a wholly owned subsidiary of the US power cat builder
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Scott Bader opens Italian office
Scott Bader Italia to serve customers in various markets including marine
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Brazil to introduce digital boat owner and user licences
Citizens will be able to access their documents in digital format by 2022
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Spanish court to rule on €4.5m marina project
Ruling could see construction of a 272-berth facility resume
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Hanse bullish on outlook despite Covid impact on profits
With manufacturing operations in Germany, Poland and France, the German boatbuilder experienced significant Covid disruptions to its business, particularly in France and in Griefswald due to restrictions on the normal cross-border flow of employees between Germany and Poland.
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New York Yacht Club pauses America’s Cup involvement; Club makes statement
The NYYC is withdrawing from any active participation in the next series