All Mergers, Acquisitions & Exits articles – Page 40
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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.
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NewsBerthon expands activities with purchase of VersaDock
UK firm makes acquisition through Lymington Marina subsidiary
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NewsNimbus to acquire Brunswick’s joint venture interest in Bella Boats
Brunswick Corp today announced that Sweden-based Nimbus Boats is to acquire its joint venture interest in Finland’s Bella Boats. Terms of the deal are unknown, but the acquisition is expected to close before the end of the year. It will provide Nimbus with ownership of all Bella brands, including Bella, ...
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News
Mission Critical Electronics buys Xantrex
Schneider Electric has sold its Xantrex electrical equipment manufacturing business to Huntington Beach, California-based Mission Critical Electronics (MCE).
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News
Beneteau closes Delphia Yachts acquisition
Groupe Beneteau and Delphia Yachts Kot sp. j. reached financial closing of the acquisition by Groupe Beneteau of its operations designing, building and marketing sailing and motor yachts under the Delphia Yachts and Maxi Yachts brands in Warsaw, Poland on Friday.
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NewsNew ownership for bankrupt Italian yards
Two Italian yacht-builders that have both been in a bankrupt state have recently been acquired by new owners. The two businesses are Cantieri di Pisa and the Privilege superyacht yard located at Civitavecchia, near Rome. The latter also included an uncompleted shell of the 127m (416ft) Project One.
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NewsMondomarine sold
Palumbo Superyachts, the yachting division of Italy’s Palumbo Group, has acquired Italian refit and repair yard Mondomarine for an undisclosed sum.
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News
Alliance Marine acquires 3SI
Alliance Marine Group, owner of Accastillage Diffusion, Plastimo and VDM-REYA of France, has acquired 3SI Group for an undisclosed sum. 3SI Group includes well-known brands such as Ocean Safety, Typhoon, ISP and Revere.
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News
Buyer for Bavaria in sight
A new owner for Bavaria Yachtbau looks to be in sight, with reports that a bidder’s binding offer is on the shipyard’s desk with specifics of the sale already having been negotiated.
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Article
Gavio Group completes acquisition of Bertram
The closing of the deal follows the agreement signed with Ferretti in February
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