All Mergers, Acquisitions & Exits articles – Page 23
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NewsVision Marine acquires intellectual property assets of MAC Engineering, Montagne named CTO
MAC’s CEO will be joining Vision Marine as chief technology officer
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NewsBoero Group sold to Portuguese coatings specialist
CIN acquires majority stake in the Italian firm
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NewsAkzoNobel quits bidding war for Tikkurila, says PPG bid too high
Dutch firm abandons bid for Finnish paint maker
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NewsSuntex Marinas acquires downtown Miami facility
Prime Marina Miami acquisition brings Suntex marina portfolio to 30 properties in US
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NewsPotential buyers line up for Perini Navi
TISG and Palumbo add names to those interested in looking to buy bankrupt Italian yard
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NewsAkzoNobel formalises €1.4bn bid for Finland’s Tikkurila
Acquisition must now be approved by Tikkurila shareholders
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NewsNew Qatari owners for Antalya commercial port
Port Akdeniz includes a 235-berth marina operated by Setur Marinas
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NewsDelta ‘T’ Systems sold
Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has joined the Centek Industries family of companies. The move expands the breadth of marine solutions offered by Centek and provides additional opportunities and resources to Delta ‘T’ Systems.
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NewsBonnier scraps auction of Yachting and Sailing World magazines
Company spokeswoman confirms titles “no longer for sale”
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NewsAkzoNobel, PPG launch rival bids for Finnish paint maker
Tikkurila has paints and coatings operations in 11 countries
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NewsMZ Electronic acquires Italian propeller firm
Italy-based MZ Electronic has announced the takeover of Italian propeller manufacturer Progetto Elica for an undisclosed sum.
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NewsSensible Yacht Cordage changes hands
Sensible Yacht Cordage, founded in 2017 at Jamestown, Rhode Island, has been purchased by Jonathan Thurston from his neighbour, company founder Jan Trousilek. The latter was injured in a sailing accident and could no longer operate the business, and the new owner was forced to retire from construction work following ...
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NewsTankoa Yachts considers takeover of Cantieri di Pisa
Acquisition would allow for an innovative new range of 30m-45m yacht models
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NewsConsolidation in the electric boat market as Pure Watercraft buys pontoon maker
The US boatbuilder and inventor of a plug-and-play, drop-in electric outboard motor system has acquired ELUX Marine for an undisclosed sum
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NewsSafe Harbor Marinas buys Rybovich
Dallas, Texas-based Safe Harbor Marinas acquires US superyacht service provider
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NewsAkzoNobel boosts North American presence with New Nautical Coatings purchase
In a multimillion investment, global paint and coatings manufacturer AkzoNobel NV said it would significantly increase its market presence in North America and the Caribbean with the acquisition of New Nautical Coatings Inc, the owner of the premium Sea Hawk coatings brand. While no transaction figures were divulged about the ...
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NewsMalibu acquires Maverick for strategic, complementary hull and price point expansion
Malibu Boats has acquired the four brands of the Maverick Boat Group, expanding production capacity and distribution potential in what the parent company is calling a “strategic transaction that complements Pursuit and expands Malibu’s saltwater outboard offerings in boat type and price point.” Maverick, and its founder Scott Deal, are ...
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NewsOneWater buys eight Florida marinas and boat dealerships
The US retail giant has further expanded its presence in Florida with the acquisition of two more yachting businesses, including the company’s largest acquisition to date.
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NewsUK yacht brokerage gets new owner
UK-based yacht dealership and brokerage firm Key Yachting has been taken over by Thinking Space Systems, a technical furniture company owned by Wayne Palmer and Hayley Quinn.
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NewsFormer Ferretti owners purchase the Boats Group for a reported $850m
The private equity firm Permira, which had a controlling stake in Ferretti in the early 2000s, has re-entered the marine leisure industry by acquiring Boats Group from fellow private equity investors, Apax Partners. Although the deal was struck on the 29th of December, the transaction value was not disclosed either ...
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