More M&A News – Page 37
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Harken Inc gets new owners
Harken Inc, the US-based deck hardware manufacturer, has been acquired by its employees. The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum.
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UK investment group buys into Perini Navi
Italian brand reports €140m losses over nine years and no-go deal with Sanlorenzo
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Harken acquires longtime Dutch distributor
On Deck BV now operates as Harken’s eighth foreign subsidiary
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British boatbuilder acquires Hardy Marine
Cockwells Modern & Classic Boatbuilding has acquired Hardy Marine
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Patrick Industries buys wood distributor
Marine components supplier acquires working capital, machinery and equipment, and real estate of Inland Wood
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OneWater broadens digital platform with Boatsforsale.com acquisition
Bricks and mortar boat retailer makes move to expand online presence
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Nova Luxe acquires SA yacht-builder
Just one year after launching its first all-electric yacht, US-based Nova Luxe has acquired South African yacht-builder Scape, according to a company statement. Scape has been producing highly efficient catamarans primarily for the charter fleet market for more than 15 years. Nova Luxe plans to adopt the Scape models to ...
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Temasek withdraws from planned SG$4bn share purchase in Keppel Corp
Marina at Keppel Bay is one of Singapore’s largest marinas A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, ...
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US private equity firm buys Yale Cordage
In its 99th deal since being established in 1989, US private equity business River Associates Investment has bought Yale Cordage, a leading supplier of rope systems to the recreational and commercial marine sectors. The acquisition was in partnership with Yale’s management team. No value for the purchase has been released. ...
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Davey & Co London Ltd gets new owner
John Buckley of Harbour Marine Services acquires UK boat fittings manufacturer
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Dufour sells JJL Catamarans to Croatian charter firm
Italy’s only serial cat producer has been sold to Under the Heavens
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Scott Bader acquires Summit Composites
Scott Bader Australia Pty Ltd has acquired the assets of Summit Composites Pty Ltd for an undisclosed sum. The GRP resins supplier has been working alongside Summit Composites for over 10 years, with Summit distributing their high-performance resins, gelcoats and adhesives to the Australian market.
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Catalano Shipping expands superyacht support into Asia-Pacific with NZ purchase
Company also plans to open in Spain next year
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Click&Boat acquires European competitor
Click&Boat, the UK’s leading boat hire platform, has acquired its main competitor, Nautal, reinforcing its international leadership as ‘the airbnb of the seas’ and growing its UK offering, now with more than 360 boats being listed for rental in the UK via the acquisition.
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New start for Bente sailboats at Lake Constance
Boat dealer and marina owner Meichle & Mohr takes over the Bente legacy. Sonja Meichle and Christian Daum talk in our interview about the brand’s future.
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Bainbridge International undergoes MBO
MD Andrew Smith acquires UK sailcloth and hardware manufacturer
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Great Lakes broker and marina operator expands US coverage with Florida-based acquisition
Detroit-headquartered KAM Yacht Sales has significantly expanded its US activities with the acquisition of Luke Brown Yachts in Ft Lauderdale, Florida. Kam Yacht Sales is part of KAM Marine Ventures LLC, which is a division of Lormax Stern, a real estate, investment and management group.
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Major restructure at developers of Oman’s Mina Al Sultan Qaboos Waterfront project
UAE’s Damac bought out of the development
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Six US marinas change ownership in two acquisitions
Safe Harbor buys five; Southern Marinas one
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Hering Propellers sold
One of the most iconic brands in offshore racing and high-performance boating, Hering Propellers, has been acquired by FJ Propeller Midwest. FJ, located on Missouri’s Lake of the Ozarks, was founded by two-time world champion offshore racer Casey Boaz, who heads the CR Racing team. “I think Hering Propellers has ...