More Company News – Page 251
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Garmin extends supplier agreement with IBBI
Kansas-based electronic equipment manufacturer Garmin International has extended its existing supplier agreement with the US-based Independent Boat Builders Inc (IBBI) equipment buying consortium through 2024.
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Moonen in ‘advanced’ negotiations with new investor
Keen to boost production, Moonen Yachts is in advanced talks with a potential investor who “will strongly focus on strengthening the market position” of the Dutch superyacht builder.
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Sea-Doo recalls coolers that can trap people inside
Just one month after a recall of 60,00 Igloo marine coolers, the US Consumer Product Safety Commission has announced the recall of some 2,500 BRP Sea-Doo marine coolers because the latch can lock automatically, possibly trapping someone inside.
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Brunswick restructure leads to 100 layoffs, Mercury to initiate “temporary work stoppage”
Brunswick Corporation’s completed sale of the Life Fitness division has led to job cuts, while adding $490 million to the company’s acquisition coffers. At the same time its Mercury Marine division is beginning a “temporary stoppage” of some production lines.
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DMS Holland relocates
Dynamic Marine Systems (DMS Holland) has moved to a new facility near the city of Den Bosch that is better suited to its current and future needs.
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IFBSO announces new officers and members
Full list of personel changes at the International Federation of Boat Show Organisers following AGM at ICOMIA/IFBSO Congress in Split
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UCINA recognises Boating Pioneers
Fulvio De Simoni and Anna Ziliani Scarani of Rio Yachts among those recognised
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Yachtware launches refit and new build software management tool
Firm says its software solution for Refit and New Build Management is set to revolutionise the industry
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Decking manufacturer LIGNIA aims for ambitious growth after raising £5m funding
Equity investment brings LIGNIA’s total fundraising to £17 million over the past three years
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Independent builders select Fusion as entertainment supplier choice
Entire line of Fusion, a brand of Garmin International, will be available direct to IBBI members though 2024
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2019 European Inventor Award for Finsulate antifouling
Antifouling fibre wrap that prevents the growth of algae, barnacles and mussels on boat hulls
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Turkish yard unveils new hybrid yacht series
Naval Yachts, located in the Antalya Free Zone in Turkey, has unveiled a new aluminium hybrid yacht series called ‘GreeNaval’. The concept behind the GreeNaval series is maximum comfort and efficiency, combined with eco-friendly technology.
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Honda Marine expands Boat Builder Alliance
Honda Marine in the UK has expanded its Boat Builder Alliance portfolio with the addition of Dutch boatbuilder Maxima.
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New Sunseeker CEO confirms development plans
Following on from IBI’s report last week, Sunseeker’s new CEO, Andrea Frabetti, has confirmed that the UK builder’s current range will double in size to 22 models over the next three years. Aided by a £50m CAPEX investment across five years, the company will also focus on further developing the ...
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FPT sets out leisure marine ambition at Venice show
Italian engine specialist looks to leverage leisure marine operations
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Turkish SY builder expands
Turkey’s Alia Yachts is building a new complex adjacent to its existing facilities in the Antalya Free Trade Zone, effectively creating a whole street block dedicated to the brand.
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ePropulsion UK signs major supply deal
The UK division of Hong Kong-based electric outboard manufacturer, ePropulsion, has signed a deal to supply 60 fully integrated propulsion systems to RS Sailing.
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Rutgerson enters Canadian market
Swedish yacht equipment manufacturer Rutgerson has chosen Dada Marine to distribute its full line of deck hardware and sail fittings on the Canadian market.
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CDI Electronics names Polish distributor
CDI Electronics, the US-based marine ignition systems specialist, has chosen ITA Marine to serve as its distributor in Poland.
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Dutch yard opens Palma de Mallorca service centre
Vitters Shipyard, the Dutch maker of 30m-plus custom sailing yachts, has opened a service facility in Palma de Mallorca.