More M&A News – Page 40
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News
Mailspeed Marine sold
Pirates Cave, a UK chandlery based in Kent, has acquired the Mailspeed Marine brand from Friday Media Group. Included in the acquisition is the website, mailspeedmarine.com, which will be merged with piratescave.co.uk.
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NewsD-Marin to be acquired by private equity fund
A multimillion-euro deal of undisclosed value has been made by the Luxembourg-headquartered private equity business CVC Partners to buy the D-Marin arm of the Turkish Dogus Group. D-Marin, which is registered in the Netherlands, operates 15 marinas in five Mediterranean and Middle East countries. This transaction will be finalised upon ...
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NewsUS marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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NewsDiscovery Yachts Group restructures under newly formed holding company
Yacht model range simplified to help in rescue and taking the company forward
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NewsLippert expands its footprint in the window segment & Europe
The US-based equipment manufacturer Lippert Components announced completion yesterday of its acquisition of the Polyplastic Group, a Dutch specialist in acrylic window and door products
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NewsYPI CREW acquires Edmiston Recruiters
Yacht crew recruitment firm YPI CREW has acquired the recruitment division of Edmiston, taking on all ongoing crew placement. As of January 1, 2020, Edmiston transferred its recruitment team of four to YPI CREW, taking the total YPI CREW team to 16.
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NewsPon Holdings acquires RH Marine Group
Pon Holdings is acquiring all of RH Marine Group by buying the majority stake that private equity firm Parcom Capital holds in the Dutch marine services provider. The two companies became joint shareholders in 2015.
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NewsKiwi boatbuilder Naiad sold
Business to be acquired by its east-coast Australian builder partner, Yamba Welding & Engineering
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NewsCatana Group acquires Tunisian shipyard
After a fifth year with average annual growth over 50% and an order book that will result in exceeding the threshold of €100m in revenue this year, the Catana Group has just signed an agreement to acquire a majority stake in Magic Yachts.
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News
New owner for SEA magazine?
US-based marine publishing and marketing veteran Arnie Hammerman says he is in the process of taking over the publishing of SEA magazine from Duncan McIntosh Company Inc, as well as Boating World. Both magazines ceased publication last week.
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News
Safe Harbor acquires US marina
An historic New Hampshire shipyard is the latest in a string of acquisitions by Safe Harbor Marinas, though the company remains tight-lipped about the purchase.
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NewsLalizas acquires Italian liferaft manufacturer
The Lalizas Group of companies has acquired Arimar, a European leader in the production of state-of-the-art liferafts.
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NewsLippert continues on acquisition path
American component supplier Lippert Components has acquired electric-powered Bimini specialist, PWR-ARM, one of many acquisitions in the marine equipment segment which the company has targeted for diversification
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News
Cornes Chart Group buys digital navigation provider
Two leading suppliers of navigation charts, software and equipment have joined forces to create what is claimed to be the largest charts supplier in the world. Cornes Chart Group has acquired navigation systems supplier GNS. The deal follows Cornes’ acquisition of US and Singapore-based Safe Navigation earlier this year to ...
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NewsDigital navigation firms merge
Around 500 superyachts stand to benefit from a merger between UK-based ChartCo and Canada’s Marine Press. The get-together creates a major new force in the provision of global digital navigation solutions and will operate under the OneOcean brand name.
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NewsSafe Harbor adds 90th marina
Safe Harbor Marinas’ acquisition streak hasn’t seemed to slow any, as the Dallas, Texas-based marina network operator added a second property in as many months to its portfolio.
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News
British boating magazines sold as part of £140m deal
TI Media (the former IPC Media Group and later Time Inc UK) has been sold by the Epiris private equity company to Future PLC, a UK-based publisher of consumer magazines and websites.
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NewsX-Yachts buys Swedish powerboat builder
Danish sailboat producer X-Yachts has entered the powerboat market with the acquisition of HOC Yachts in Sweden.
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NewsInmarsat takeover gets green light
The UK government has given its approval for the £2.6bn takeover bid for Inmarsat, the UK’s largest satellite company, to go ahead. Inmarsat is a leading player in the maritime communications sector, including yachting where it is currently looking to grow its involvement.
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NewsIreland Afloat buys Glasgow-based Yachting Life
The Irish online yachting news outlet, Afloat.ie, has recently acquired Scottish boating magazine Yachting Life, the future of which was in doubt following the takeover of the company by a large international publishing group headquartered in Germany.
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