The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.

Mergers, Acquisitions & Exits

Taiga Orca PWC

Canadian electric PWC builder to go public

2021-02-23T16:44:00+00:00IBI , by Craig Ritchie

Proposed merger between Taiga Motors and Canaccord Genuity Growth II Corp would fund second production facility and drive future growth

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Stéphan Serra assumes control at USHIP, Europe’s largest retailer

2021-02-23T16:05:00+00:00IBI , by Neil Eaves

Stéphan Serra has announced the takeover of USHIP, the brand he has managed since 2012, accompanied by senior colleagues and finance partners. USHIP, which claims to be the largest European retailler of equipment, operates over 134 stores and also has a flourishing e commerce business.

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Southern Marinas sells existing portfolio, looks for new acquisitions


Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, has sold its portfolio of best-in-class marinas to a publicly traded REIT (real estate investment trust). The news comes less than six months after the company acquired Inlet Harbor Marina in Florida for an ...

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Vision Marine acquires intellectual property assets of MAC Engineering, Montagne named CTO

2021-02-23T14:19:00+00:00IBI , by Tony Esposito

MAC’s CEO will be joining Vision Marine as chief technology officer


Ferretti Group and Sanlorenzo announce joint venture to rescue Perini Navi


Fellow Italian builders form new company to acquire assets and secure jobs

Boero YachtCoatings

Boero Group sold to Portuguese coatings specialist


CIN acquires majority stake in the Italian firm

AkzoNobel CEO Thierry Vanlancker

AkzoNobel quits bidding war for Tikkurila, says PPG bid too high

2021-02-08T14:37:00+00:00IBI , by Robert Wielaard

Dutch firm abandons bid for Finnish paint maker

Prime Marina Miami

Suntex Marinas acquires downtown Miami facility

2021-02-04T15:59:00+00:00IBI , by Craig Ritchie

Prime Marina Miami acquisition brings Suntex marina portfolio to 30 properties in US


Potential buyers line up for Perini Navi

2021-02-03T12:15:00+00:00IBI , by David Robinson

TISG and Palumbo add names to those interested in looking to buy bankrupt Italian yard


Perini Navi bankrupt


Italian court pulls plug on iconic Italian superyacht builder

Tikkurila paints

AkzoNobel formalises €1.4bn bid for Finland’s Tikkurila

2021-01-29T16:30:00+00:00IBI , by Robert Wielaard

Acquisition must now be approved by Tikkurila shareholders

Setur Antalya marina

New Qatari owners for Antalya commercial port

2021-01-27T14:49:00+00:00IBI , by David Robinson

Port Akdeniz includes a 235-berth marina operated by Setur Marinas