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

Mergers, Acquisitions & Exits

Cowes Venture Quay

UK council to buy key shipbuilding facility in Cowes

2020-07-10T13:03:00+01:00

Following a meeting yesterday, the UK’s Isle of Wight Council has reaffirmed its intention to acquire Venture Quays, the part of Cowes harbour which hosts the iconic Columbine Building and home to Wight Shipyard.

MarineMax flag

MarineMax buys specialty yacht insurance firm

2020-07-08T15:09:00+01:00IBI

US boat and yacht retailer MarineMax has acquired Private Insurance Services, a specialty yacht insurance agency, for an undisclosed sum.

Reelax

Sam Allen Wholesale acquires Reelax

2020-07-07T09:22:00+01:00

Australia’s foremost marine and game fishing equipment brand will continue to operate from its Queensland facilities

Fairline COO Peter McNulty

Fairline Yachts sold to European investment fund

2020-07-06T11:46:00+01:00

The UK’s Fairline Yachts today announced that the RiverRock European Opportunities Fund II has acquired a majority stake in the business.

MarineMax flag

MarineMax acquires Northrop & Johnson, creating world’s largest superyacht services firm

2020-07-01T13:41:00+01:00

The acquisition is expected to be accretive in its first full year

Propeller Piening 2

Otto Piening GmbH acquires Thies Propeller

2020-06-24T10:05:00+01:00

The German propeller manufacturer now offers solutions for smaller yachts

Aon logo

Aon-Willis Towers Watson merger faces lawsuits

2020-06-22T09:08:00+01:00

Plans for a takeover deal worth some US$30bn of two major insurance brokerage groups have hit a possible hurdle as at least three shareholder lawsuits have been filed opposing the approach by Aon to acquire Willis Towers Watson. Both businesses are big players in the superyacht insurance market.

Calgary Boat Show 2019

Master Promotions acquires five Canadian outdoor shows

2020-06-18T13:22:00+01:00

Halifax, Canada-based Master Promotions Ltd announced on Wednesday that it has acquired five major-market consumer boat and sporting goods shows from Canadian National Sportsmen’s Shows (CNSS).

Dubai Harbour

Meraas to merge fully into Dubai Holdings group

2020-06-17T14:01:00+01:00IBI , by David Robinson

Marinas a key part of its asset portfolio

VanDutch

Cantiere del Pardo acquires VanDutch

2020-06-16T14:39:00+01:00IBI

Three new models will be launched in 2021

White Shark boats

White Shark boat brand changes hands again

2020-06-09T14:47:00+01:00

French boat importer acquires the storied White Shark boat brand

Alukin DP 650

Nimbus completes acquisition of Swedish boatbuilder

2020-06-02T11:12:00+01:00

Sweden’s Nimbus Boats has completed the acquisition of aluminium boat producer Alukin Boats Sweden AB. Alukin, located north of Stockholm, is now a full member of the Nimbus family.