All Mergers, Acquisitions & Exits articles – Page 25
-
News
Mackay 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.
-
News
Apax 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 ...
-
News
Southern 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.
-
News
One 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.
-
News
Harken 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.
-
News
Harken acquires longtime Dutch distributor
On Deck BV now operates as Harken’s eighth foreign subsidiary
-
News
Nova Luxe acquires SA yacht-builder
Just one year after launching its first all-electric yacht, US-based Nova Luxe has acquired South African yacht-builder Scape, according to a company statement. Scape has been producing highly efficient catamarans primarily for the charter fleet market for more than 15 years. Nova Luxe plans to adopt the Scape models to ...
-
News
Temasek withdraws from planned SG$4bn share purchase in Keppel Corp
Marina at Keppel Bay is one of Singapore’s largest marinas A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, ...
-
News
US private equity firm buys Yale Cordage
In its 99th deal since being established in 1989, US private equity business River Associates Investment has bought Yale Cordage, a leading supplier of rope systems to the recreational and commercial marine sectors. The acquisition was in partnership with Yale’s management team. No value for the purchase has been released. ...
-
News
Davey & Co London Ltd gets new owner
John Buckley of Harbour Marine Services acquires UK boat fittings manufacturer
-
News
Dufour sells JJL Catamarans to Croatian charter firm
Italy’s only serial cat producer has been sold to Under the Heavens
-
News
Scott Bader acquires Summit Composites
Scott Bader Australia Pty Ltd has acquired the assets of Summit Composites Pty Ltd for an undisclosed sum. The GRP resins supplier has been working alongside Summit Composites for over 10 years, with Summit distributing their high-performance resins, gelcoats and adhesives to the Australian market.
-
News
Catalano Shipping expands superyacht support into Asia-Pacific with NZ purchase
Company also plans to open in Spain next year
-
News
Click&Boat acquires European competitor
Click&Boat, the UK’s leading boat hire platform, has acquired its main competitor, Nautal, reinforcing its international leadership as ‘the airbnb of the seas’ and growing its UK offering, now with more than 360 boats being listed for rental in the UK via the acquisition.
-
News
Bainbridge International undergoes MBO
MD Andrew Smith acquires UK sailcloth and hardware manufacturer
-
News
Great Lakes broker and marina operator expands US coverage with Florida-based acquisition
Detroit-headquartered KAM Yacht Sales has significantly expanded its US activities with the acquisition of Luke Brown Yachts in Ft Lauderdale, Florida. Kam Yacht Sales is part of KAM Marine Ventures LLC, which is a division of Lormax Stern, a real estate, investment and management group.
-
News
Major restructure at developers of Oman’s Mina Al Sultan Qaboos Waterfront project
UAE’s Damac bought out of the development
-
News
Hering Propellers sold
One of the most iconic brands in offshore racing and high-performance boating, Hering Propellers, has been acquired by FJ Propeller Midwest. FJ, located on Missouri’s Lake of the Ozarks, was founded by two-time world champion offshore racer Casey Boaz, who heads the CR Racing team. “I think Hering Propellers has ...
-
News
UK council to buy key shipbuilding facility in Cowes
Following a meeting yesterday, the UK’s Isle of Wight Council has reaffirmed its intention to acquire Venture Quays, the part of Cowes harbour which hosts the iconic Columbine Building and home to Wight Shipyard.
-
News
MarineMax buys specialty yacht insurance firm
US boat and yacht retailer MarineMax has acquired Private Insurance Services, a specialty yacht insurance agency, for an undisclosed sum.