The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Auction for bankrupt Perini Navi assets fails to attract bids
Second auction likely in autumn with possible 25% discount
Deadline day for Perini Navi bid; new potential bidder?
Azimut-Benetti group reported to be interested
Beneteau Group makes major acquisitions in charter & boat club sectors; revises 2021 forecast
Investments total €40m; full-year revenue growth expected to be over 7%, up 5% on previous forecasts
Second acquisition in a week for OneWater Marine
Definitive agreement to acquire PartsVu marks a notable expansion into the parts and accessories sector for US boat dealer
Superyacht insurance firms end merger discussions
Conflict with US Justice Department brings talks to an end
Spradling acquires assets of US competitor
The agreement strengthens Spradling’s presence in the US Midwest and Southeast
Winnebago acquires Barletta Pontoon Boats
US$255m acquisition brings Winnebago an entry into lucrative US pontoon market; will create new marine division with previously-acquired Chris-Craft
OneWater expands Florida presence with Naples Boat Mart acquisition
Becomes 70th store in the Georgia-based multi-dealer’s portfolio
German shipbuilder FSG buys Nobiskrug
Flensburger Schiffbau-Gesellschaft mbH & Co KG, buys assets of the superyacht builder for an undisclosed sum
Southern Marinas adds new Seattle location
US marina operator expands footprint into Pacific Northwest market
Second group pulls out of Perini Navi auction
Deloitte analysis of bankrupt builders’ position advised against bid
MarineMax eyes further growth with expanded credit capacity
More acquisitions in the pipeline? US boat and yacht retail giant preps for further growth with expanded liquidity and lending terms; IBI recaps where the group stands today
Plastimo buys Spanish distributor
Palumbo looks again at Perini Navi bid
Freedom Boat Club’s European expansion gains pace
Lusty & Blundell New Zealand under new ownership
Ferretti, Sanlorenzo unlikely to bid at Perini Navi auction
Brunswick CEO and chairman on $1bn Navico acquisition – IBI exclusive
Drew International acquires Trac Ecological
Lloyd’s Register sheds cyber-security, other units to focus on growth areas like yachts
Marine insurer buys Florida-based maritime claims specialist
Premier Marinas expands portfolio with acquisition of 10th UK marina
Dometic buys fourth solar power solutions specialist
Harwood Capital given third extension on possible GYG takeover bid
MarineMax acquires Minnesota dealership
The Italian Sea Group acts to formulate bid for Perini Navi
Willis Custom Yachts acquires American Custom assets, names new president
AkzoNobel buys Colombian paint and coatings specialist
Borrow A Boat buys UK charter brokerage
More details emerge on Perini Navi €62.5m base auction valuation
IBI Analysis | Brunswick to acquire Navico for $1bn
Brunswick to acquire Navico for $1bn
