Mergers, Acquisitions & Exits – Page 10

  • matrix3

    Matrix Yachts files for liquidation


    Cape Town luxury catamaran builder Matrix Yachts has applied for voluntary liquidation in the Cape Town High Court.

  • News

    French marina operator buys Dutch marinas


    French marina operator Port Adhoc has signed a contract to acquire three marinas in the Netherlands from local group Thuishavens.

  • Third generation of Hallergerg family to head Fortress Marine Anchors

    Fortress Marine Anchors sold


    Fort Lauderdale, Florida-based Fortress Marine Anchors has been purchased by its senior management, including the grandson of company founder Dan Hallerberg.

  • News

    Torqeedo owner Deutz buys battery specialist

    2019-10-15T08:59:00Z IBI , by Stefan Gerhard

    Exactly two years ago, German engine manufacturer Deutz took over Torqeedo, a leading specialist for electric boating systems. Now Deutz AG has announced the acquisition of the battery specialist Futavis. With the purchase of the company, which is located near the Dutch border, “Deutz AG is supplementing its electrification strategy ...

  • Jetten Shipyard

    Jetten Jachtbouw sold


    Jetten Jachtbouw of the Netherlands has been sold to MSAR, a Malta-based group of companies owned by Jack Wijnants.

  • Fasco Fastener

    Fasco Fastener sold


    Wurth Industry North America has acquired Fasco Fastener, a distributor of stainless steel, silicon bronze and brass fasteners, as part of its global growth strategy.

  • Cantieri Viareggio

    US interiors specialist merges with Italian SY yard


    Genesis Interiors, a US-based builder and installer of handmade luxury interiors for yachts and private homes, has merged with Italy’s Cantiere Viareggio.

  • Newport

    Safe Harbor Marinas acquires Newport Shipyard


    Newport Shipyard in Newport, Rhode Island, has been purchased by Safe Harbor Marinas, becoming the 85th property for the Dallas, Texas-based owner operator, which has facilities in 19 states.

  • News

    Norwegian engine distributors merge


    Two Norwegian engine distributors, AS Kellox and Loxkel AS, are to merge on January 1, 2020 and form one company under the name Kellox.

  • News

    Patrick Industries acquires GG Schmitt & Sons


    Patrick Industries in the US has completed its acquisition of marine OEM supplier GG Schmitt Sons in a deal characterised as “aligned with our strategic initiatives and capital allocation strategy,” according to a news release from the Indiana-headquartered company.

  • YPI logo

    YPI sold to Singapore investment group


    Superyacht services provider YPI (Yachting Partners International) has been bought from the French commercial shipping brokerage house, BRS, by Mercantile Maritime Investments (M MI), the investment division of the Singapore-headquartered group, for an undisclosed price.

  • MB92_barcelona

    MB92 sold to European investment firm


    Marina Barcelona 92 (MB92) today announced that Squircle Capital, a European alternative investment firm focused on private equity and value-add real estate investments, has acquired 77.5% of the Spanish superyacht refit, repair and maintenance group. The transaction, which has received regulatory approval, is expected to close, subject to customary closing ...

  • Portland Marina

    UK marina operators complete merger


    The merger of UK marina operators Dean Reddyhoff and Quay Marinas has now been implemented. The transaction brings together 11 marinas on the UK south coast, Bristol Channel, Irish Sea, the Clyde and East coast. A new nationwide cruising pass has been issued for berth holders offering access ...

  • Screen Shot 2019-09-13 at 16.02.08

    Northern Marine sold


    Seattle Yachts, a new boat dealer and yacht brokerage firm with offices in the Pacific Northwest, Southern California and South Florida, has purchased US boatbuilder Northern Marine. Included in the sale are the rights to the Northern Marine brand, the shipyard in Anacortes, Washington, the tooling, and intellectual property.

  • News

    Snag-A-Slip buys SlipSure


    The online boat slip rental category is beginning to consolidate with the acquisition of SlipSure, the largest app for instant and same-day slip bookings, by Annapolis, Maryland-based Snag-A-Slip, positioning the company as “the category leader across all types of boater reservations,” according to a news release from the firm.

  • Vilanova Grand Marina

    Pendennis acquires Vilanova Grand Marina


    Falmouth, UK-based superyacht builder and refit specialist Pendennis Shipyard is expanding its Mediterranean presence further with the purchase of a majority stake in Vilanova Grand Marina in Barcelona, Spain. The company was already associated with Vilanova, as it is developing a refit and repair centre at the Spanish facility. No ...

  • HPiVS-CEproof alastair-reay-craig-morris

    Marine compliance firms merge


    HPi Verification Services (HPiVS), the UK’s only Notified Body for the EU Recreational Craft Directive (RCD), has merged with RCD specialist CEproof to create HPi-CEproof. Both companies are leading players in the global marine compliance industry.

  • Screenshot 2019-08-30 at 14.31.21

    JCE acquires Baltic Safety Products AB


    Company founder, Per Frode, to remain as minority owner of the company

  • BLY's Mr Vrit, MD

    Burgess Yachts signs partnership deal with Boat Lagoon Yachting


    New link to strengthen superyacht activities in Thailand

  • Interior Technology Services

    Interior Technology Services gets new owner


    Interior Technology Services (ITS) of the Netherlands has sold its US operations and the new owner is looking to expand operations.