All Mergers, Acquisitions & Exits articles – Page 33
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NewsMyers Industries acquires Elkhart Plastics
Acquisition positions US fuel tank manufacturer among five largest rotational molding firms in US
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NewsUK boat insurance brand returns under new ownership
Haven Knox-Johnston is now owned by the Aston Lark Group
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NewsCanadian marina group acquires eighth property
Maple Leaf Marinas acquires Walker’s Point Marina in central Canada’s Muskoka region
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NewsEekels Technology absorbs bankrupt De Keizer Marine Engineering
Eekels Technology BV, a Dutch builder and installer of electrical drive and shore power connection systems, has agreed to take over De Keizer Marine Engineering which was declared bankrupt on October 15. No financial details were announced. Eekels said in a statement that De Keizer’s activities “will boost its position ...
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NewsScottish boat dealer sold after decades of family ownership
Following negotiations which started in 2019, Scottish boat dealer Euroyachts, based in Largs, western Scotland, has changed hands after decades under family ownership.
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NewsUK RIB manufacturer sold to British entrepreneur
Ribcraft UK, based in Yeovil, Somerset, has been bought by UK entrepreneur Toby Adams and looks set to expand on the success it has already enjoyed in growing governmental, military and securities sectors as well as placing a larger emphasis on environmental sustainability.
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NewsUK yacht chandler sold
L-R: SeaFront directors Simon Sheehan and Richard Besse with general manager of Nick Cox Matt Evans and SeaFront operations manager Liz Evans SeaFront Marine Group in the UK has acquired Lymington-based retailer Nick Cox Yacht Chandler, expanding the company’s portfolio of marine product distribution, sales and servicing ...
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NewsThree Nordic wholesalers merge to form powerful group
Peter Schmidt Helbirk: “The new group gives us the opportunity to offer customers more strong brands at competitive prices” Three Nordic wholesalers of marine equipment have merged to form a powerful marine wholesale group for the Nordic region. Sweden’s Nautec AB, Norway’s Flak AS and Denmark’s Palby ...
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NewsTender launched for Greece’s biggest shipyard
Hellenic Shipyards in Skaramanga, close to Athens As of last week, Greece’s biggest shipyard has become the subject of a tender calling for expressions of interest to buy the facility. While Hellenic Shipyards S.A. in Skaramanga, close to Athens, is largely active with commercial and naval work, ...
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NewsMackay 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.
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NewsApax 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 ...
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NewsSouthern 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.
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NewsOne 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.
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NewsHarken 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.
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NewsHarken acquires longtime Dutch distributor
On Deck BV now operates as Harken’s eighth foreign subsidiary
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NewsNova 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 ...
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NewsTemasek 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, ...
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NewsUS 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. ...
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NewsDavey & Co London Ltd gets new owner
John Buckley of Harbour Marine Services acquires UK boat fittings manufacturer
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NewsDufour sells JJL Catamarans to Croatian charter firm
Italy’s only serial cat producer has been sold to Under the Heavens
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