All Power and Motorboats articles – Page 2
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Boatbuilding Materials & Machinery
RIBS AND SMALL BOATBUILDERS
The Italian industry counts as one of the largest suppliers of RIBS and small boats, sports crafts, day and weekend cruisers in the world, and as with their bigger siblings, this sector of boats are becoming larger, more sophisticated and include added features to meet the ever growing needs of ...
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News
Updated: Nimbus Group to build boats in the USA
Sweden’s Nimbus Group acquires US builder for a cash consideration of US$9.5m
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News
Limestone Boat to delist from American OTC trading platform
Canada-based Limestone Boat Company – owner of the Aquasport, Limestone and Boca Bay boat brands – today announced that it will terminate its exchange listing in the US
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Germany
Marc Diening | Bavaria Yachts CEO on the brand's outlook
Judging by the queues to jump onboard its latest launches at boot Düsseldorf last month (90-minute wait times over the weekends), Giebelstadt, Germany-based sail and motorboat builder Bavaria is back on track after it was plunged into administration in 2018. IBI caught up with CEO Marc Diening at the show ...
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News
Grand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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News
Groupe Beneteau: Record Q4 paves way for significant 2023 gains
US market surge spearheads growth across all boating divisions; Group set to outperform forecasts
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News
US fund to take controlling stake in Princess Yachts
Ownership of UK-based Princess Yachts will change hands according to reports by Sky News this morning
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News
Sanlorenzo exceeds 2022 financial targets
Italian luxury yacht builder Sanlorenzo has reported double-digit growth in revenues, order backlog, and other key metrics at the close of 2022
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News
Expanded distribution yields record growth for Nimbus Group
The Swedish builder’s strategy to geographically diversify its dealer network and product offering paid off in higher Q4 and 2022 sales
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News
Nimbus Group extends reach in North America
Swedish boatbuilding group continues its growth plans for the USA and Canada with three new dealers
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News
Marine Products Corp reports record Q4, full year revenues
Improving supply environment and continuing high demand drive double-digit increases in both revenues and profits for US boatbuilder
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News
Italian Sea Group orderbook surpasses €1 billion
Italian yacht builder (ITSG) approved preliminary 2022 results today in addition to sharing its 2023 outlook with the financial community
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News
BRP to build new boat plant
PWC and boat manufacturer, BRP, announced its Marine Group will build a new production facility in Mexico dedicated to boat manufacturing
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News
The new ‘Veer’ takes US innovation award
The latest entry in Brunswick’s boat portfolio – Veer Boats – took top honours in the popular fishing boat category; BRP’s Manitou Boats, Premier Marine, and Barletta Boats were also named winners
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News
Nimbus strengthens US sales operations
Swedish builder appoints Florida-based yacht dealership to help grow sales
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News
Beneteau makes top appointments in the Boat Division
France’s Beneteau Group confirmed new senior brand positions in the company’s boat business
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News
HanseYachts posts sales & production gains while losses mount
The German boat building Group published results for fiscal 2021-22 revealing losses in excess of its forecast, but also showing significant progress in revenues, orders and production volume – and the exit from its loss-making investiment in Privilège Marine
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France
Insight | Gianguido Girotti on how Beneteau Group is moving its entire production toward a sustainable future
The Boat Division CEO on the 10-year manufacturing plan
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News
BRP boosts balance sheet flexibility with new loan
Canadian boat and personal watercraft manufacturer, BRP, has strengthened its financial flexibility with an additional loan from new and existing lenders
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News
HanseYachts raises new capital; secures refinancing
Germany’s HanseYachts boatbuilding group announced moves to safeguard Its balance sheet