The latest news from around the world on mergers, acquisitions and exits across all sectors of the boating industry.
Mergers, Acquisitions & Exits
Canadian electric PWC builder to go public
Proposed merger between Taiga Motors and Canaccord Genuity Growth II Corp would fund second production facility and drive future growth
Stéphan Serra assumes control at USHIP, Europe’s largest retailer
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.
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 ...
Vision Marine acquires intellectual property assets of MAC Engineering, Montagne named CTO
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 Group sold to Portuguese coatings specialist
CIN acquires majority stake in the Italian firm
AkzoNobel quits bidding war for Tikkurila, says PPG bid too high
Dutch firm abandons bid for Finnish paint maker
Suntex Marinas acquires downtown Miami facility
Prime Marina Miami acquisition brings Suntex marina portfolio to 30 properties in US
Potential buyers line up for Perini Navi
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
AkzoNobel formalises €1.4bn bid for Finland’s Tikkurila
Acquisition must now be approved by Tikkurila shareholders
New Qatari owners for Antalya commercial port
Port Akdeniz includes a 235-berth marina operated by Setur Marinas
Delta ‘T’ Systems sold
Bonnier scraps auction of Yachting and Sailing World magazines
Boats Group makes key acquisitions
AkzoNobel, PPG launch rival bids for Finnish paint maker
MZ Electronic acquires Italian propeller firm
Dutch distributor undergoes management buyout
IBI investor series | An in-depth look at industry mergers, takeovers & private equity investment
Sensible Yacht Cordage changes hands
IBI investor series continues on Thursday
Tankoa Yachts considers takeover of Cantieri di Pisa
European marine insurance broker acquires rival
Consolidation in the electric boat market as Pure Watercraft buys pontoon maker
Hiscox MGA sells marine business to Nexus Group
Safe Harbor Marinas buys Rybovich
AkzoNobel boosts North American presence with New Nautical Coatings purchase
Malibu acquires Maverick for strategic, complementary hull and price point expansion
OneWater buys eight Florida marinas and boat dealerships
UK yacht brokerage gets new owner
Teledyne to acquire FLIR Systems
Boats Group $850 million sale update
