Mergers, Acquisitions & Exits – Page 8

  • News

    V.Group acquires Global Marine Travel


    V.Group and Inchcape Shipping Services (ISS) have switched their agency and marine travel interests between each other. It has not been disclosed if any money has changed hands or whether it is a straight swop of two business activities.

  • News

    Wireless Logic Group acquires M2MBlue of the Netherlands


    Britain’s fast-expanding Wireless Logic Group has acquired M2MBlue of the Netherlands, a company that combines cellular, satellite and land connections to deliver secure internet services to passengers on superyachts and ocean liners.

  • News

    Carling completes Maretron consolidation


    Maretron vessel monitoring products are now part of the Carling Technologies portfolio

  • News

    BRP ups its alternative energy game with Alta Motors purchase


    Bombardier Recreational Products (BRP) has purchased select assets of Alta Motors from the parent company Faster Faster Inc as part of what the company calls “long-standing interest in new technologies and alternate energy sources for the powersports industry.”

  • News

    Berthon acquires UK marine firms


    The Berthon group of companies in the UK has acquired BHG Marine and Willow Marine through its Lymington Marina subsidiary. The move comes not longer after the company acquired Marine IP, producer of the VersaDock mooring system .

  • News

    New owners for US dinghy firm


    A long-time supplier of dinghies and small outboards to the San Diego, California boating community has been saved from closure with its purchase by South Coast Yachts.

  • News

    BSI acquires Danish propeller firm


    Danish deck hardware and rigging manufacturer BSI A/S has acquired Hundested Propeller A/S, a Danish supplier of controllable pitch propellers and gearboxes, and tunnel and retractable swing thrusters. Terms of the deal were not disclosed.

  • Bradford Marine has grown into a leading yacht repair yard, marina and brokerage firm

    Bradford Marine sold


    Fort Lauderdale Yacht Harbor (FLYH) has acquired the boatyard and marina operations of Bradford Marine Fort Lauderdale and Bradford Marine Bahamas.

  • The Nordkapp 660

    Nordkapp Boats sold


    Norway’s Frydenbo Marine has acquired an 80% stake in Norwegian boat brand Nordkapp Boats.  The purchase price was not disclosed.

  • News

    True North Powerboats sold


    Catalina Yachts in Largo, Florida has acquired Downeast cruiser manufacturer True North Powerboats for an undisclosed sum. The moulds for the True North 34, True North 34 Outboard Express and True North 38 are being moved to the Catalina plant and production will begin this year.

  • Daigle's EagleCraft 38

    Bolton Marine acquires Daigle


    Canadian aluminium boat builder Bolton Marine Group announced this week that it has acquired Daigle Marine, a British Columbia-based manufacturer of welded aluminium yachts and commercial workboats. Terms of the transaction were not disclosed.

  • News

    Seattle Yachts acquires Cabrillo Yacht Sales


    Less than a year after opening an office on the US east coast, Seattle Yachts has purchased Cabrillo Yacht Sales of San Diego, California.

  • Larson builds fibreglass bowriders, sport boats and fishing boats under the Larson and Striper brands

    Polaris acquires Larson Boats


    Minnesota-based Polaris Industries announced late Friday that it has acquired the Larson brand of fibreglass sport and fishing boats from Pulaski, Wisconsin yacht manufacturer Marquis-Larson Boat Group.

  • The new 48 Wallytender

    Ferretti acquires Wally brand


    After months of negotiations, Italy’s Ferretti Group today announced that it has acquired the Wally yacht brand through an exclusive license agreement. The news will be officially presented at the start of boot Düsseldorf, which opens this weekend.

  • Wilks' Scott and Chris Berry with Tomas Gustafsson and Rob Tilney from Flexiteek

    Flexiteek to acquire UK decking and marine fendering supplier


    Flexiteek International, the Swedish producer of synthetic teak decking and 2G technology, has acquired UK-based Wilks for an undisclosed sum.

  • News

    Ince & Co close to insolvency prior to Gordon Dadds LLP takeover


    Following the recent takeover of Ince Co by listed legal practice Gordon Dadds LLP , IBI has since learnt that the former was close to insolvency and may have actually been in administration at the time of acquisition.

  • News

    North Technology Group purchases Magic Marine, forms new division


    North Technology Group (NTG) has purchased MBrands International BV, owners of the Magic Marine technical sailing apparel brand and Mystic kiteboarding accessories, creating a new division of NTG called North Actionsports Group.

  • VersaDock designs and creates modular floating pontoons

    Berthon expands activities with purchase of VersaDock


    Berthon Boat Company in the UK has expanded its activities with the acquisition of Marine IP, which trades under the name of VersaDock, for an undisclosed sum. Berthon used its Lymington Marina Ltd subsidiary to make the purchase.

  • News

    UK marine firms in recent takeover deals


    Two specialist UK marine firms – the Martek Group and Marindus Group Ltd (MGL) – have been taken over recently by UK and Swedish companies respectively.

  • News

    Colonial to sell off Hargrave Custom Yachts


    Ft Lauderdale-based Colonial Yacht Sales has announced plans to sell off its Hargrave Custom Yachts brand in the first half of 2019. Colonial owner Michael Joyce, who also serves as CEO of Hargrave, and Michael DiCondina, president of both Colonial and Hargrave, have said that that they will seek the ...