More M&A News – Page 33
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News
T-H Marine acquires online retailer BHP Marine, further acquisitions sought
Latest acquisition by US marine accessories manufacturer brings complementary product line and established e-commerce operation
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Bryton Marine Group acquires All American Marine
Acquisition of commercial vessel manufacturer by Canadian boat builder buys extensive expertise with advanced fabrication, propulsion technologies
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ACR Electronics acquires satellite communication device and outdoor app provider
The Bivy Stick is said to be the world’s smallest satellite communication device
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Applied Underwriters acquires UK yacht insurance firm
Acquisition fits with Applied Underwriter’s long-term growth strategy of investing in niche insurance areas
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US equipment maker expands marine portfolio
Component manufacturer Patrick Industries adds marine distributor and sister company providing plastic injection moulding, design and tooling in a double acquisition today
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Freedom Boat Club buys Chicago franchise operation and territory
Acquisition includes all four current Illinois-based locations
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Two UK marina groups expand portfolios with new purchases
Watchet and Springwood marinas change hands
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Slovenian tourism group to sell Marina Portorož to Japanese investor
Japanese group wants to invest in Slovenian marina
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Superyacht insurance broker Sturge Taylor sold
Acquisition highlights Howden’s strategy to invest in specialisms
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UK boatbuilder acquires South West Shipyard
Acquisition will provide Cornish yard additional capacity to build more large vessels
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Ultimate Boat Company buys TYNC Yacht Design
Acquisition expected to help boost UBC’s sustainability efforts
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Canadian electric PWC builder to go public
Proposed merger between Taiga Motors and Canaccord Genuity Growth II Corp would fund second production facility and drive future growth
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Stéphan Serra assumes control at USHIP, Europe’s largest retailer
Stéphan Serra has announced the takeover of USHIP, the brand he has managed since 2012, accompanied by senior colleagues and finance partners. USHIP, which claims to be the largest European retailler of equipment, operates over 134 stores and also has a flourishing e commerce business. Serra stated that “if Uship ...
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Southern Marinas sells existing portfolio, looks for new acquisitions
Fish-Tale Marina in Fort Myers Beach, Florida was one of the Southern locations that sold Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, has sold its portfolio of best-in-class marinas to a publicly traded REIT (real estate investment trust). ...
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Vision Marine acquires intellectual property assets of MAC Engineering, Montagne named CTO
MAC’s CEO will be joining Vision Marine as chief technology officer
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Italy
Ferretti Group and Sanlorenzo announce joint venture to rescue Perini Navi
Fellow Italian builders form new company to acquire assets and secure jobs
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Boero Group sold to Portuguese coatings specialist
CIN acquires majority stake in the Italian firm
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AkzoNobel quits bidding war for Tikkurila, says PPG bid too high
Dutch firm abandons bid for Finnish paint maker