More Company News
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NewsBoarnstream becomes Netherlands dealer for Spain’s Rodman Group
Boarnstream has been named dealer for the Netherlands for the fast leisure boats of Spain’s Rodman Group. The Dutch builder says it “has long been looking for a high-quality brand” to broaden its offering of motoryachts.
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Changes in ownership group of Fountaine-Pajot and Dufour
Compagnie du Catamaran, the controlling holding company of the Fountaine-Pajot group and Dufour Yachts, has announced a change in its shareholding. The investor Next Stage, a minority shareholder in the La Rochelle-based shipyard, is being replaced by private equity investor Arkéa Capital, which intends to work alongside members of ...
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Italian start-up plans Series A crowdfunding campaign for electric hydrojet
Sealence hopes to raise €7m in financing
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ePropulsion appoints Italian distributor
ePropulsion, the marine electronic propulsion specialist from Hong Kong, has appointed Commerciale Selva as its new distributor in Italy.
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Vision Marine IPO opens higher, shares soar in first day of trading
Vision Marine Technologies’ first day of trading on the US Nasdaq saw its IPO open 10% higher, at US$11.03 per share, then gaining 72% at its peak before some profit taking closed the day at US$13.69, nearly 37% first-day growth. The Quebec, Canada-based manufacturer of E-Motion electric outboard powertrains ...
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Helm becomes Dufour Catamarans agent
London-based broker Helm has become the UK sales and charter agent for Dufour Catamarans.
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E-Motion outboards to go public, Vision to price placing
Vision Marine Technologies, the Canadian firm behind the E-Motion electric outboard, has announced an initial public offering of 2.4 million common shares at US$10 per share to raise US$24m before offering expenses. The new stock will be offered on the Nasdaq under the ticker symbol ‘VMAR’ with trading beginning ...
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Nanni in supply deal with Integrity Boats
French engine manufacturer Nanni has announced that its N6.285CR2 engine has been chosen by Integrity Boats to power its latest model, the Classic 440 Sedan.
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Cyclops Marine expands Down Under
Cyclops Marine, the UK-based developer of load sensors for sailors, has appointed Any Port Marine as its new distributor for Australia.
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Brunswick’s boat club touts record year
The Freedom Boat Club model is proving a win-win for parent company Brunswick Corporation and individual franchise operators which are enjoying strong growth
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Seldén Mast becomes official mast supplier for Farr X2
Swedish spar manufacturer Seldén Mast has become the official mast supplier for the new Farr X2 one-design racing yacht. Seldén will also provide the class with carbon booms, carbon rigid vangs and standing rig.
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Tracker to double production capacity, add 300 jobs
Tracker Boats in the US is doubling production capacity at its Bolivar, Missouri facility and adding 300 jobs there and at its nearby Lebanon, Missouri facility. Owned by White River Marine Group, a subsidiary of Bass Pro Shops, a company statement indicates founder Johnny Morris is investing US$3m in ...
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Fastmount appoints South Korean distributor
Auckland, New Zealand-based panel mount manufacturer Fastmount Panel Mounting Systems has appointed a new full-line distributor in South Korea.
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MarineMax cited as pandemic performer
MarineMax, the Clearwater, Florida-based national retailer, was named a top performer during the pandemic months by a local newspaper looking at how the Top 10 companies in the Tampa Bay area of the Panhandle State fared during the second and third quarters of 2020. “If any local company can ...
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Suzuki restructures US operations
Masahiro “Max” Yamamoto has been appointed president of Suzuki Marine USA LLC Suzuki Motor of America Inc announced late on Thursday that it will restructure its operations in the US by separating its motorcycle/ATV and marine divisions into two separate companies. Effective April 1, 2021, ...
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Vaan Yachts to build second sustainable cat in “uneasy year”
Vaan Yachts owner Igor Kluin Vaan Yachts, a new Dutch builder of recyclable aluminium catamarans, says it will soon build a second project – a 14.95m (49ft) sailing yacht. “We are finally on our way. This has not been an easy year,” says owner Igor Kluin. ...
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Barnacle Systems appoints exclusive UK distributor and global sales agent
Barnacle Systems, the Canadian manufacturer of BRNKL boat security and monitoring products, has chosen Global Distribution Solutions (GDS Ltd) to serve as its exclusive UK distributor and global sales agent.
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Raymarine chosen for new 2020 boat models
FLIR Systems has announced that its Raymarine brand of marine electronics has been chosen by Princess Yachts, Prestige and Spirit Yachts for inclusion on their 2020 new model launches. The new yachts will utilise products from across the Raymarine product line, including its best-in-class sensors and intelligent navigation systems.
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Canados sells first Gladiator 631 Next
Italian boatbuilder Canados has sold its first Gladiator 631 Next. The new 19.4m model is currently in build at its Rome-based shipyard and is due for delivery in April 2021.
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Groupe Beneteau revamps business software
To manage the growing complexity of information flow between the different subsidiaries of its Boats division, Groupe Beneteau is replacing its highly customised legacy business system with a central Enterprise Resource Planning Platform (ERP). The company has chosen an ERP platform from IFS, the global enterprise applications company. IFS ...
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