More M&A News – Page 34
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NewsSuntex Marinas acquires downtown Miami facility
Prime Marina Miami acquisition brings Suntex marina portfolio to 30 properties in US
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NewsPotential buyers line up for Perini Navi
TISG and Palumbo add names to those interested in looking to buy bankrupt Italian yard
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NewsAkzoNobel formalises €1.4bn bid for Finland’s Tikkurila
Acquisition must now be approved by Tikkurila shareholders
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NewsNew Qatari owners for Antalya commercial port
Port Akdeniz includes a 235-berth marina operated by Setur Marinas
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NewsDelta ‘T’ Systems sold
Delta ‘T’ Systems, the US manufacturer of marine ventilation systems, has joined the Centek Industries family of companies. The move expands the breadth of marine solutions offered by Centek and provides additional opportunities and resources to Delta ‘T’ Systems.
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NewsBonnier scraps auction of Yachting and Sailing World magazines
Company spokeswoman confirms titles “no longer for sale”
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ItalyBoats Group makes key acquisitions
Online brokerage firm adds to portfolio and reports boom in sales activity
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NewsAkzoNobel, PPG launch rival bids for Finnish paint maker
Tikkurila has paints and coatings operations in 11 countries
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NewsMZ Electronic acquires Italian propeller firm
Italy-based MZ Electronic has announced the takeover of Italian propeller manufacturer Progetto Elica for an undisclosed sum.
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NewsDutch distributor undergoes management buyout
Dutch firm announces managment buyout with investment backing
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FeatureIBI investor series | An in-depth look at industry mergers, takeovers & private equity investment
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades
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NewsSensible Yacht Cordage changes hands
Sensible Yacht Cordage, founded in 2017 at Jamestown, Rhode Island, has been purchased by Jonathan Thurston from his neighbour, company founder Jan Trousilek. The latter was injured in a sailing accident and could no longer operate the business, and the new owner was forced to retire from construction work following ...
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NewsIBI investor series continues on Thursday
IBI presents an in-depth look at mergers and takeovers in the boatbuilding business – highlighting the successes and failures – over the past seven decades
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NewsTankoa Yachts considers takeover of Cantieri di Pisa
Acquisition would allow for an innovative new range of 30m-45m yacht models
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NewsEuropean marine insurance broker acquires rival
Goldman Sachs-backed chartered insurance broker Aston Lark has purchased rival Lloyd’s broker CRS Yachts.
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NewsConsolidation in the electric boat market as Pure Watercraft buys pontoon maker
The US boatbuilder and inventor of a plug-and-play, drop-in electric outboard motor system has acquired ELUX Marine for an undisclosed sum
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NewsHiscox MGA sells marine business to Nexus Group
Nexus Group completed its acquisition of the Hiscox MGA marine business (HMM) on December 30, 2020. The sale was implemented via an asset purchase into Millstream Underwriting Ltd, a Nexus Group company which specialises in consumer insurance. Hiscox is known as a leading insurer of superyachts.
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NewsSafe Harbor Marinas buys Rybovich
Dallas, Texas-based Safe Harbor Marinas acquires US superyacht service provider
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NewsAkzoNobel boosts North American presence with New Nautical Coatings purchase
In a multimillion investment, global paint and coatings manufacturer AkzoNobel NV said it would significantly increase its market presence in North America and the Caribbean with the acquisition of New Nautical Coatings Inc, the owner of the premium Sea Hawk coatings brand. While no transaction figures were divulged about the ...
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