Mergers, Acquisitions & Exits – Page 36
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NewsUK boat insurance brand returns under new ownership
Haven Knox-Johnston is now owned by the Aston Lark Group
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NewsCanadian marina group acquires eighth property
Maple Leaf Marinas acquires Walker’s Point Marina in central Canada’s Muskoka region
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NewsVolvo Penta to exit outboard segment
Swedish engine maker Volvo Penta announced today that it will phase out production of Seven Marine outboard engines, although it will continue to support the brand’s existing customer base
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NewsEekels Technology absorbs bankrupt De Keizer Marine Engineering
Eekels Technology BV, a Dutch builder and installer of electrical drive and shore power connection systems, has agreed to take over De Keizer Marine Engineering which was declared bankrupt on October 15. No financial details were announced. Eekels said in a statement that De Keizer’s activities “will boost its position ...
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NewsScottish boat dealer sold after decades of family ownership
Following negotiations which started in 2019, Scottish boat dealer Euroyachts, based in Largs, western Scotland, has changed hands after decades under family ownership.
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NewsUK RIB manufacturer sold to British entrepreneur
Ribcraft UK, based in Yeovil, Somerset, has been bought by UK entrepreneur Toby Adams and looks set to expand on the success it has already enjoyed in growing governmental, military and securities sectors as well as placing a larger emphasis on environmental sustainability.
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NewsUK yacht chandler sold
L-R: SeaFront directors Simon Sheehan and Richard Besse with general manager of Nick Cox Matt Evans and SeaFront operations manager Liz Evans SeaFront Marine Group in the UK has acquired Lymington-based retailer Nick Cox Yacht Chandler, expanding the company’s portfolio of marine product distribution, sales and servicing ...
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NewsThree Nordic wholesalers merge to form powerful group
Peter Schmidt Helbirk: “The new group gives us the opportunity to offer customers more strong brands at competitive prices” Three Nordic wholesalers of marine equipment have merged to form a powerful marine wholesale group for the Nordic region. Sweden’s Nautec AB, Norway’s Flak AS and Denmark’s Palby ...
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NewsMarine companies in the UK and Ireland get new ownership
Crosshaven Boatyard and Armada Sails both look to expand
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NewsMackay Marine expands footprint with SA acquisition
Marine electronics specialist Mackay Marine has expanded its global footprint via the acquisition of South African nav/comm company Dynamic Marine Systems (DMS). The deal, announced late last month, adds a Cape Town presence to MacKay Marine’s 43 global locations, the company said in a statement.
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NewsApax Partners Boats Group acquires another leading online marketplace
Boats Group, the business behind the largest online marketplaces for boats and yachts, has acquired Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions. The acquisition reinforces the company’s focus on expanding its global footprint and increases consumer engagement throughout Western Europe. Boats Group’s marketplaces already connect the ...
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NewsSouthern Marinas acquires new Florida location
Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, has acquired Inlet Harbor Marina in Florida for an undisclosed sum. The acquisition brings the growing Southern Marina’s portfolio total to 12 properties.
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NewsMarineMax acquisition adds 20 locations
US boat retailer significantly expands its Great Lakes and West Coast presence with the acquisition of the SkipperBud’s and Silver Seas’ dealership and marina operations
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NewsOne hundred US marinas sold for $2.11bn
Dallas, Texas-based Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities Inc and one of its subsidiaries in a transaction for cash and SUI equity valued at $2.11bn.
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NewsHarken Inc gets new owners
Harken Inc, the US-based deck hardware manufacturer, has been acquired by its employees. The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum.
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NewsUK investment group buys into Perini Navi
Italian brand reports €140m losses over nine years and no-go deal with Sanlorenzo
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NewsHarken acquires longtime Dutch distributor
On Deck BV now operates as Harken’s eighth foreign subsidiary
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NewsBritish boatbuilder acquires Hardy Marine
Cockwells Modern & Classic Boatbuilding has acquired Hardy Marine
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News
Patrick Industries buys wood distributor
Marine components supplier acquires working capital, machinery and equipment, and real estate of Inland Wood
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NewsOneWater broadens digital platform with Boatsforsale.com acquisition
Bricks and mortar boat retailer makes move to expand online presence
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