More M&A News – Page 38
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NewsUK council to buy key shipbuilding facility in Cowes
Following a meeting yesterday, the UK’s Isle of Wight Council has reaffirmed its intention to acquire Venture Quays, the part of Cowes harbour which hosts the iconic Columbine Building and home to Wight Shipyard.
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NewsMarineMax buys specialty yacht insurance firm
US boat and yacht retailer MarineMax has acquired Private Insurance Services, a specialty yacht insurance agency, for an undisclosed sum.
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NewsSam Allen Wholesale acquires Reelax
Australia’s foremost marine and game fishing equipment brand will continue to operate from its Queensland facilities
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NewsFairline Yachts sold to European investment fund
The UK’s Fairline Yachts today announced that the RiverRock European Opportunities Fund II has acquired a majority stake in the business.
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NewsMarineMax acquires Northrop & Johnson, creating world’s largest superyacht services firm
The acquisition is expected to be accretive in its first full year
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NewsOtto Piening GmbH acquires Thies Propeller
The German propeller manufacturer now offers solutions for smaller yachts
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NewsAon-Willis Towers Watson merger faces lawsuits
Plans for a takeover deal worth some US$30bn of two major insurance brokerage groups have hit a possible hurdle as at least three shareholder lawsuits have been filed opposing the approach by Aon to acquire Willis Towers Watson. Both businesses are big players in the superyacht insurance market.
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NewsMaster Promotions acquires five Canadian outdoor shows
Halifax, Canada-based Master Promotions Ltd announced on Wednesday that it has acquired five major-market consumer boat and sporting goods shows from Canadian National Sportsmen’s Shows (CNSS).
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NewsWhite Shark boat brand changes hands again
French boat importer acquires the storied White Shark boat brand
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NewsNimbus completes acquisition of Swedish boatbuilder
Sweden’s Nimbus Boats has completed the acquisition of aluminium boat producer Alukin Boats Sweden AB. Alukin, located north of Stockholm, is now a full member of the Nimbus family.
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NewsCVC Capital Partners completes acquisition of D-Marin
Dubai Harbour Marina is included in the CVC deal Confirmation of the acquisition of the D-Marin group facilities in Greece, Croatia and the UAE by the Luxembourg-headquartered private equity group CVC Capital Partners has been belatedly received following an announcement by British Marine, the UK’s marine leisure ...
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NewsSanlorenzo confirms interest in Perini Navi
Sanlorenzo is a world leader in motoryachts over 40m in length Italian superyacht-builder Sanlorenzo today confirmed that it is evaluating a possible acquisition of fellow yacht builder Perini Navi SpA. For this purpose, Sanlorenzo has obtained an exclusivity period from Perini Navi majority shareholder Fenix Srl, a ...
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NewsFLIR withdraws Raymarine sale
In discussion with analysts on the company’s first quarter results today, FLIR Systems has confirmed that it has withdrawn the sale of Raymarine initially announced in late February. FLIR president and CEO Jim Cannon told investors that prior to the outbreak of Covid-19, the company was well-advanced in the ...
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NewsVanquish Boats sold
Century Boats acquires Rhode Island day-boat manufacturer for undisclosed sum
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NewsCentury Boats sold to PE firm
Private equity firm Sorfam Capital today announced that it acquired Century Boats in the middle of March for an undisclosed sum.
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NewsCanadian marina operator acquires four more properties
Canadian marina operator Maple Leaf Marinas has added four new properties near Toronto to its growing portfolio of premium boating facilities.
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NewsPier One, Seahorse merge
Seahorse Marine has become the seventh Florida brokerage firm in as many years to merge under the Pier One Yacht Sales banner
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NewsUS brokerage acquires Tartan Legacy Yachts
Seattle Yachts buys Ohio-based builder for an undisclosed sum
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