All Mergers, Acquisitions & Exits articles – Page 36

  • Ribcraft
    News

    UK RIB manufacturer sold to British entrepreneur

    2020-10-28T16:54:00Z

    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.

  • SeaFront Marine Nick Cox image
    News

    UK yacht chandler sold

    2020-10-26T15:10:00Z

    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 ...

  • Peter-Schmidt-Helbirk
    News

    Three Nordic wholesalers merge to form powerful group

    2020-10-13T14:13:00Z > , By

    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 ...

  • Hellenic Shipyards
    News

    Tender launched for Greece’s biggest shipyard

    2020-10-12T13:53:00Z > , By

    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, ...

  • Screenshot 2020-10-07 at 10.23.26
    News

    Mackay Marine expands footprint with SA acquisition

    2020-10-07T09:24:00Z

    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.

  • Screenshot 2020-10-06 at 10.20.13
    News

    Apax Partners Boats Group acquires another leading online marketplace

    2020-10-06T09:20:00Z > , By

    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 ...

  • Screenshot 2020-10-05 at 10.44.29
    News

    Southern Marinas acquires new Florida location

    2020-10-05T09:47:00Z

    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.

  • Screenshot 2020-09-30 at 10.22.07
    News

    One hundred US marinas sold for $2.11bn

    2020-09-30T09:22:00Z

    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.

  • Harken-ownership_senior-management
    News

    Harken Inc gets new owners

    2020-09-18T15:46:00Z

    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.

  • Harken
    News

    Harken acquires longtime Dutch distributor

    2020-09-09T09:09:00Z

    On Deck BV now operates as Harken’s eighth foreign subsidiary

  • Scape-launch1
    News

    Nova Luxe acquires SA yacht-builder

    2020-08-24T14:36:00Z > , By

    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 ...

  • Marina at Keppel Bay 3
    News

    Temasek withdraws from planned SG$4bn share purchase in Keppel Corp

    2020-08-13T14:50:00Z > , By

    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, ...

  • Yale Cordage
    News

    US private equity firm buys Yale Cordage

    2020-08-11T14:12:00Z > , By

    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. ...

  • Davey & Co John Buckley_mid
    News

    Davey & Co London Ltd gets new owner

    2020-08-10T10:51:00Z

    John Buckley of Harbour Marine Services acquires UK boat fittings manufacturer

  • Dufour 48
    News

    Dufour sells JJL Catamarans to Croatian charter firm

    2020-08-10T08:42:00Z >

    Italy’s only serial cat producer has been sold to Under the Heavens

  • Scott Bader
    News

    Scott Bader acquires Summit Composites

    2020-08-03T11:49:00Z

    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.

  • Superyacht Support NZ
    News

    Catalano Shipping expands superyacht support into Asia-Pacific with NZ purchase

    2020-07-30T08:54:00Z > , By

    Company also plans to open in Spain next year

  • Click&Boat Founders Edouard Gorioux (right) and J�r�my Bismuth (left) with professional offshore yacht racer and Click&Boat ambassador Fran�ois Gabart (middle)
    News

    Click&Boat acquires European competitor

    2020-07-30T06:00:00Z

    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.

  • Laurence Mead
    News

    Bainbridge International undergoes MBO

    2020-07-23T15:26:00Z

    MD Andrew Smith acquires UK sailcloth and hardware manufacturer

  • Luke Brown Yachts president Daniel Stern
    News

    Great Lakes broker and marina operator expands US coverage with Florida-based acquisition

    2020-07-23T13:32:00Z

    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.