Mergers, Acquisitions & Exits – Page 3

  • Raymarine image
    News

    FLIR to sell-off Raymarine

    2020-02-27T15:48:00Z

    The thermal imaging specialist said it was undertaking a restructuring program and a formal process to evaluate divesture of Raymarine’s non-thermal maritime electronics business – a ‘best in class’ asset

  • Screenshot 2020-02-27 at 11.19.55
    News

    Yanmar buys Italian gyro stabilisation firm

    2020-02-27T11:10:00Z

    Japanese engine manufacturer Yanmar has entered the gyro stabiliser market following the acquisition of Italy-based Smartgyro Srl for an undisclosed sum.

  • Blue Gee 2
    News

    EP Barrus acquires Blue Gee brand

    2020-02-27T10:00:00Z

    UK-based marine equipment distributor expands product portfolio

  • FALCON YACHTS SHIPYARD FACILITY
    News

    Historic Italian brand re-enters yacht market

    2020-02-20T12:03:00Z

    Iconic Italian boatbuilder Falcon Yachts has re-entered the market following its recent acquisition by T-Quest Holdings of the Middle East.

  • Aage Hemple Marine Electronics thumbnail
    News

    UK marine electronics specialist sold

    2020-02-18T14:38:00Z

    UK-based marine electronics services specialist, Charity Taylor, has been acquired by Aage Hempel Group, one of the largest marine electronics groups in Europe, and a subsidiary of Grupo Arbulu. Aage Hempel also has a dedicated division within its operations which comprise 120 office worldwide.

  • Tokio Marine
    News

    Tokio Marine Holdings completes Pure Group acquisition

    2020-02-17T15:47:00Z

    The acquisition of Privilege Underwriters Inc and its subsidiaries, which are collectively known as the Pure Group, has recently been completed by Tokio Marine Holdings, the leading international insurance business. Tokio paid $3.1bn to buy the Pure Group.

  • 6_PortTarraco-1024x690
    News

    OCIBAR acquires Spanish superyacht marina

    2020-02-10T06:05:00Z

    OCIBAR, the Spanish marina management company, has significantly expanded its operation with the acquisition for an undisclosed sum of the Port Tarraco superyacht marina in Tarragona. The purchase was made from the Qatari Diar Fund, which is linked to Qatar’s sovereign wealth fund.

  • News

    Harbour Group buys SHF

    2020-02-07T16:16:00Z

    Harbour Group has expanded its manufacturing and distribution capabilities with the acquisition of SHF, a supplier of stainless adaptors, fluid power fittings, instrumentation fittings and valves to a variety of industries, including marine, manufacturing, chemical, and oil and gas.

  • Jeff Huntley
    News

    T-H Marine acquires US distributor

    2020-02-07T06:26:00Z

    Alabama, US-based marine equipment supplier T-H Marine Supplies has acquired First Source Marine, a Florida-based wholesale distributor specialising in sporting goods equipment.

  • Flisvos Marina
    News

    Dogus sells 50% stake in Greek superyacht marina

    2020-01-30T11:32:00Z

    The 50% stake in the Athens superyacht facility, Flisvos Marina, owned by Turkey’s Dogus Group has reportedly been sold to Lamda, owner of the remaining 50% share. According to Greek newspaper Kathimerini , the sale was achieved through an agreement that Lamda had with Dogus, giving the former a first ...

  • Siesta Key Marina
    News

    Safe Harbor acquires Siesta Key Marina

    2020-01-29T14:15:00Z

    Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre ...

  • Bavaria's Muller
    News

    Bavaria Yachts buys Greenline Neo series to enter the outboard market

    2020-01-26T16:19:00Z

    German boatbuilder Bavaria Yachtbau GmbH has announced that it will add outboard motorboats to its current lineup of sailboats, inboard motorboats and catamarans with the addition of the Greenline Neo series, acquired from the Slovenian SVP Yachts Shipyard. The sale will be completed in March.

  • News

    Mailspeed Marine sold

    2020-01-23T12:10:00Z

    Pirates Cave, a UK chandlery based in Kent, has acquired the Mailspeed Marine brand from Friday Media Group. Included in the acquisition is the website, mailspeedmarine.com, which will be merged with piratescave.co.uk.

  • Dubai_Harbour_Web_Gorsel_05
    News

    D-Marin to be acquired by private equity fund

    2020-01-17T10:45:00Z By David Robinson,

    A multimillion-euro deal of undisclosed value has been made by the Luxembourg-headquartered private equity business CVC Partners to buy the D-Marin arm of the Turkish Dogus Group. D-Marin, which is registered in the Netherlands, operates 15 marinas in five Mediterranean and Middle East countries. This transaction will be finalised upon ...

  • Newport Harbor
    News

    US marina operator tests the waters for US$2bn sale

    2020-01-15T10:36:00Z

    Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.

  • Discovery 55
    News

    Discovery Yachts Group restructures under newly formed holding company

    2020-01-09T13:41:00Z

    Yacht model range simplified to help in rescue and taking the company forward

  • LCI European acquisitions in the glass & window segment
    News

    Lippert expands its footprint in the window segment & Europe

    2020-01-08T16:47:00Z By Arlene Sloan,

    The US-based equipment manufacturer Lippert Components announced completion yesterday of its acquisition of the Polyplastic Group, a Dutch specialist in acrylic window and door products

  • YPI Crew
    News

    YPI CREW acquires Edmiston Recruiters

    2020-01-06T16:30:00Z

    Yacht crew recruitment firm YPI CREW has acquired the recruitment division of Edmiston, taking on all ongoing crew placement. As of January 1, 2020, Edmiston transferred its recruitment team of four to YPI CREW, taking the total YPI CREW team to 16.

  • RH Marine Group
    News

    Pon Holdings acquires RH Marine Group

    2020-01-02T12:23:00Z

    Pon Holdings is acquiring all of RH Marine Group by buying the majority stake that private equity firm Parcom Capital holds in the Dutch marine services provider. The two companies became joint shareholders in 2015.

  • \Naiad
    News

    Kiwi boatbuilder Naiad sold

    2019-12-16T14:37:00Z

    Business to be acquired by its east-coast Australian builder partner, Yamba Welding Engineering