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

Mergers, Acquisitions & Exits

Harken-ownership_senior-management

Harken Inc gets new owners

2020-09-18T15:46:00+01:00

Harken Inc, the US-based deck hardware manufacturer, has been acquired by its employees. The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum.

Perini-Navi-HQ

UK investment group buys into Perini Navi

2020-09-16T11:33:00+01:00IBI , by David Robinson

Italian brand reports €140m losses over nine years and no-go deal with Sanlorenzo

Harken

Harken acquires longtime Dutch distributor

2020-09-09T09:09:00+01:00

On Deck BV now operates as Harken’s eighth foreign subsidiary

Hardy 65DS - Photo Credit Cockwells

British boatbuilder acquires Hardy Marine

2020-09-03T12:07:00+01:00

Cockwells Modern & Classic Boatbuilding has acquired Hardy Marine

Patrick Industries buys wood distributor

2020-08-27T13:21:00+01:00

Marine components supplier acquires working capital, machinery and equipment, and real estate of Inland Wood

OneWater Marine web pic

OneWater broadens digital platform with Boatsforsale.com acquisition

2020-08-25T13:43:00+01:00

Bricks and mortar boat retailer makes move to expand online presence

Scape-launch1

Nova Luxe acquires SA yacht-builder

2020-08-24T14:36:00+01:00IBI , by Tony Esposito

Just one year after launching its first all-electric yacht, US-based Nova Luxe has acquired South African yacht-builder Scape, according to a company statement.

Marina at Keppel Bay 3

Temasek withdraws from planned SG$4bn share purchase in Keppel Corp

2020-08-13T14:50:00+01:00IBI , by David Robinson

A planned SG$4bn investment by Temasek, the sovereign wealth fund of Singapore, to gain a majority stake in Keppel Corporation, one of the biggest operators in the shipbuilding, offshore and real estate sectors in the island state, has been aborted following the recent poor financial performance of the group.

Yale Cordage

US private equity firm buys Yale Cordage

2020-08-11T14:12:00+01:00IBI , by David Robinson

In its 99th deal since being established in 1989, US private equity business River Associates Investment has bought Yale Cordage, a leading supplier of rope systems to the recreational and commercial marine sectors. The acquisition was in partnership with Yale’s management team. No value for the purchase has been released.

Davey & Co John Buckley_mid

Davey & Co London Ltd gets new owner

2020-08-10T10:51:00+01:00

John Buckley of Harbour Marine Services acquires UK boat fittings manufacturer

Dufour 48

Dufour sells JJL Catamarans to Croatian charter firm

2020-08-10T08:42:00+01:00IBI

Italy’s only serial cat producer has been sold to Under Heaven

Scott Bader

Scott Bader acquires Summit Composites

2020-08-03T11:49:00+01:00

Scott Bader Australia Pty Ltd has acquired the assets of Summit Composites Pty Ltd for an undisclosed sum. The GRP resins supplier has been working alongside Summit Composites for over 10 years, with Summit distributing their high-performance resins, gelcoats and adhesives to the Australian market.