More Company News – Page 248
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NewsBrunswick consolidates brands to form Venture Group
The Brunswick Boat Group announced today that it is combining the Bayliner, Heyday, Quicksilver and Uttern boat brands to form the Venture Group, which will be led by Bayliner president Keith Yunger.
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NewsSunseeker marks production milestone
The UK’s Sunseeker International is celebrating the production of 100 Manhattan 52s today, an important milestone for the company’s fastest-selling model.
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NewsTurkish yard unveils new business model
Turkish superyacht builder Naval Yachts has unveiled a new business model called ‘Completion Projects’.
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Merritt Precision expands operations
Merritt Precisions has acquired five acres of land in Titusville, Florida, and will break ground later this summer on an expansion project that will double capacity of the specialty milling company.
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NewsVan Cappellen Consultancy forms new division
Van Cappellen Consultancy, a noise and vibration control specialist from the Netherlands, has formed a new division called Van Cappellen Sound Solutions.
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NewsItalian SY builder enters refit market
Italy’s Rosetti Superyachts (RSY) is currently engaged in building a 38m (118ft) expedition yacht, which is set for delivery in 2020 in line with the owner’s request. The company, a division of the Rosetti Marino Group, also plans to enter the superyacht refit market, making use of its 180m (591ft) ...
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NewsStrong summer sales for Ocean Alexander
Alexander Marine, the US importer of Taiwanese-built Ocean Alexander yachts, has announced the recent sale of four new motoryachts. Three inventory sales occurred on the US east coast and another on the west coast.
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NewsFuture Fibres and RigPro boost overseas resources
Two member companies of the North Technology Group (NTG) – Future Fibres and RigPro – have expanded their resources in Spain and the US respectively.
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NewsMoonen ‘close to entering new era’ with new investor
Moonen Yachts says it has a new investor to replace Mexican steelmaker Altos Hornos de Mexico (AHMSA), whose financial downfall plunged the Dutch superyacht-maker into bankruptcy on July 11.
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NewsMDL teams up with British Keelboat League and RS Sailing
MDL Marinas in the UK has been made the ‘Official Marina Partner’ of the British Keelboat League and RS Sailing. As part of the agreement, MDL will provide the new fleet of RS 21 keelboats with easy access to the water during the British Keelboat League events taking place throughout ...
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NewsItalian builder grows production
Absolute, the Italian yacht-builder, says it plans to expand production in its current fiscal year ending September 31, 2019 to 85 units compared to around 75 in 2016-17 – an increase of some 13%.
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NewsBrunswick looks to trim US$35m, additional layoffs coming
More layoffs are instore at Brunswick Corp subsidiaries as the company announces plans to produce up to US$35m in “cost reductions”, suggesting details will be delivered during a quarterly earning conference call with stock market analysts on Thursday.
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NewsPolish boatbuilder reports increased exports
Galeon, a prominent exhibitor at the recent Wind & Water boat show in Poland, is reporting strong exports. The news comes not long after Galeon picked up a 2018 IBI-METSTRADE Boat Builder Award in the Innovative Onboard Design Solution category for its 640 Fly and 650 Skydeck models.
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NewsLinssen reports strong first-half
Linssen Yachts of the Netherlands says it delivered 87 yachts in the first half of 2019, including its entire fleet of pre-owned vessels. Marketing manager Paul Beelen said the deliveries comprised 61 new and 26 used motoryachts.
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NewsLignia in major supply deal with UK builder
All newly commissioned Spirit yachts will now be fitted with Lignia decking, a durable and sustainable alternative to teak. The Ipswich-based yacht builder, currently completing a Spirit 111 performance sailing superyacht, believes that Lignia will become “the industry standard for decking”.
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NewsMalibu licenses surf technology to Sanger Boats
Towboat-builder Malibu Boats has announced a licensing agreement in which Sanger Boats will be utilising the Tennessee boatbuilder’s wakesurf technology.
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NewsLengers reports two superyacht sales
Dutch brokerage Lengers Yachts has announced the sale of another Sanlorenzo ‘crossover’ yacht, the SX88, and a 134ft semi-displacement yacht from Lürssen.
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NewsCorporate changes at two UK yacht builders
Corporate changes to the ownership structures at both Fairline Yachts and Princes Yachts have recently been made known through filing to Companies House, the UK business register.
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NewsMasterCraft redesigns entry-level product line
MasterCraft Boats is revamping its entry-level NXT product line for the 2020 model year to “deliver a more athletic and refined look with an all-new interior, exterior, and even more performance,” according to a company news release.
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NewsLinssen to build 10 more craft for French charter firm
Linssen Yachts of the Netherlands will build another 10 self-drive rental craft for France’s Locaboat Holidays. Since late 2017, it has already delivered 28 steel Pénichette Evolution motoryachts, which it has jointly developed with Locaboat.
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