All articles by Subscriber-only – Page 297
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NewsPrincess Yachts seeks multi-million investment funding from shareholders to maintain expansion
Focus on new product development and facility expansion to meet demand
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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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NewsDiscovery Yachts latest; creditors meeting held today
The UK’s Discovery Yachts Group (DYG) has been rescued from administration in a pre-pack deal which involved the establishment of a new UK holding company formed by the largest DYG shareholder, Binti Investment GmbH. The deal, for which no value has been given, means that all yachts currently in build ...
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NewsFountaine Pajot eyes investments in capacities amid higher sales
Boatbuilder’s higher revenues to stimulate investments
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News2019 has been a crucial year for Fairline Yachts
The company has hopes of profitability after heavy losses during its first 3 years of operation. Fairline’s just-filed accounts for 2018 show a loss of £14.8m
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NewsNew X-Yachts owner increases shareholding
After acquiring a 51% stake in X-Yachts through his holding company Consolidated Holding A/S, entrepreneur and businessman Ib Kunøe has bought the remaining shares in the Danish sailing yacht producer.
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NewsSanlorenzo IPO to proceed at £16 per share
Italian yachtbuilder Sanlorenzo confirms the success of its public offer for up to 35% of the company’s share capital
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NewsSanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December
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NewsSanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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NewsAmels expands capacity amid growing yacht-building operations
Dutch boatbuilder expands capacity, obtains order to build new superyacht
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NewsBoat & Fun Berlin hits visitor milestone – how does it compare to other shows in the region?
After four days and a pre-start with the prestigious Gala Night of Boats, the Boat & Fun Berlin boat show ended with a big growth in exhibitors, exhibition space and visitors. The fact that Boat & Fun Berlin is booming is clear when looking at the figures published after the ...
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NewsBritish Marine to support UK companies at smaller shows
In the wake of the closure of the London Boat Show, British Marine, the UK trade body for the marine leisure and small commercial market, plans to launch a new initiative in 2020 that will provide a support package to encourage companies to exhibit at a number of small UK ...
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NewsJames Watt Dock Marina reports strong growth in SY visits
Growing number of superyacht visits year-on-year
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InterviewCEO Insights | Growth in 2020?
As a 50-year veteran of the industry, IBI Publishing Director Nick Hopkinson has the ear of CEOs and key managers across the industry and is also a keen observer of the long-term trends driving the market. Here he shares observations from a recent discussion with two prominent CEOs about the ...
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NewsYamaha Motor’s share price jumps 13% on Q3 results
Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results
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