More M&A News – Page 36
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NewsPatrick Industries adds Taco Metals to the fold
US-based component manufacturer Patrick Industries announced it has completed the acquisition of US-based Taco Metals, the second acquisition in two weeks and sixth this year
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NewsKey Canadian P&A distributors merge
Former Mermaid Marine general manager Ron Savidant will serve as president of Maritime Marine Supply when it begins operations in January The two largest wholesale parts and accessories distributors in eastern Canada have announced plans to merge operations and operate as a single entity, effective January 2021. ...
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NewsUS component supplier continues on acquisition path
US-based component manufacturer Patrick Industries announced it has completed the acquisition of Geremarie Corporation, the fifth addition to its business portfolio this year
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NewsSardinian marina put up for sale by Italian state-owned investment agency
One of Sardinia’s leading marinas has been put up for sale as an investment opportunity by the Italian state-owned Invitalia agency which deals with investments and enterprise development. Marina di Portisco, which offers 589 berths for yachts up to 90m (295ft), is located on the Gulf of Cugnana in Olbia ...
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NewsTeakdecking Systems acquires Spanish decking provider
Florida, US-based marine decking manufacturer Teakdecking Systems (TDS) has acquired Teak Solutions SL of Barcelona, Spain.
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NewsMyers Industries acquires Elkhart Plastics
Acquisition positions US fuel tank manufacturer among five largest rotational molding firms in US
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NewsUK boat insurance brand returns under new ownership
Haven Knox-Johnston is now owned by the Aston Lark Group
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NewsCanadian marina group acquires eighth property
Maple Leaf Marinas acquires Walker’s Point Marina in central Canada’s Muskoka region
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NewsVolvo Penta to exit outboard segment
Swedish engine maker Volvo Penta announced today that it will phase out production of Seven Marine outboard engines, although it will continue to support the brand’s existing customer base
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NewsEekels Technology absorbs bankrupt De Keizer Marine Engineering
Eekels Technology BV, a Dutch builder and installer of electrical drive and shore power connection systems, has agreed to take over De Keizer Marine Engineering which was declared bankrupt on October 15. No financial details were announced. Eekels said in a statement that De Keizer’s activities “will boost its position ...
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NewsScottish boat dealer sold after decades of family ownership
Following negotiations which started in 2019, Scottish boat dealer Euroyachts, based in Largs, western Scotland, has changed hands after decades under family ownership.
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NewsUK RIB manufacturer sold to British entrepreneur
Ribcraft UK, based in Yeovil, Somerset, has been bought by UK entrepreneur Toby Adams and looks set to expand on the success it has already enjoyed in growing governmental, military and securities sectors as well as placing a larger emphasis on environmental sustainability.
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NewsUK yacht chandler sold
L-R: SeaFront directors Simon Sheehan and Richard Besse with general manager of Nick Cox Matt Evans and SeaFront operations manager Liz Evans SeaFront Marine Group in the UK has acquired Lymington-based retailer Nick Cox Yacht Chandler, expanding the company’s portfolio of marine product distribution, sales and servicing ...
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NewsThree Nordic wholesalers merge to form powerful group
Peter Schmidt Helbirk: “The new group gives us the opportunity to offer customers more strong brands at competitive prices” Three Nordic wholesalers of marine equipment have merged to form a powerful marine wholesale group for the Nordic region. Sweden’s Nautec AB, Norway’s Flak AS and Denmark’s Palby ...
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NewsMarine companies in the UK and Ireland get new ownership
Crosshaven Boatyard and Armada Sails both look to expand
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NewsMackay Marine expands footprint with SA acquisition
Marine electronics specialist Mackay Marine has expanded its global footprint via the acquisition of South African nav/comm company Dynamic Marine Systems (DMS). The deal, announced late last month, adds a Cape Town presence to MacKay Marine’s 43 global locations, the company said in a statement.
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NewsApax Partners Boats Group acquires another leading online marketplace
Boats Group, the business behind the largest online marketplaces for boats and yachts, has acquired Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions. The acquisition reinforces the company’s focus on expanding its global footprint and increases consumer engagement throughout Western Europe. Boats Group’s marketplaces already connect the ...
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NewsSouthern Marinas acquires new Florida location
Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, has acquired Inlet Harbor Marina in Florida for an undisclosed sum. The acquisition brings the growing Southern Marina’s portfolio total to 12 properties.
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NewsMarineMax acquisition adds 20 locations
US boat retailer significantly expands its Great Lakes and West Coast presence with the acquisition of the SkipperBud’s and Silver Seas’ dealership and marina operations
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NewsOne hundred US marinas sold for $2.11bn
Dallas, Texas-based Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities Inc and one of its subsidiaries in a transaction for cash and SUI equity valued at $2.11bn.
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