Sea Expandary continues global yacht strategy with OceanWalker acquisition
Sea Expandary is moving quickly. Launched only this year with a reported $700m investment from JD.com founder Richard Liu,...
Acquisitions in the marine industry
Marine Industry News keeps track of the latest mergers and acquisitions in the marine industry. Find out which marine trade companies are buying, merging or splitting in this series of articles.
Investor Dmitry Vasiliev acquires stake in Bering Yachts
Turkish boatbuilder Bering Yachts has added Malta-based businessman Dmitry Vasiliev as a shareholder and partner, after he acquired a...
MarineMax agrees $1.5bn sale to Safe Harbor
MarineMax, a major US-based marina operator, superyacht services company and boat and yacht retailer, has entered into a definitive...
Italian Sea Group shares surge after troubled boatbuilder launches sale process
The Italian Sea Group (TISG) has launched a competitive process to identify potential investors as part of its ongoing...
“We took the wrong fork in the road”: Sunseeker’s interim CEO reveals plan to revitalise the brand
“There’s no getting away from it, the last three years have been challenging,” says Steve Timms, interim CEO of...
AkzoNobel shareholders approve Axalta merger
Shareholders of Dutch paint and coatings giant AkzoNobel have approved all resolutions relating to the proposed all-share merger with...
Callegari acquires Geniuss to strengthen premium tender footprint
Callegari RIBs has acquired Geniuss, the Italian builder specialising in custom yacht tenders and developer of a patented outboard...
BMT targets global ship design growth with One2three acquisition
Engineering and design consultancy BMT has acquired Australian naval architecture firm One2three Naval Architects. The acquisition strengthens BMT’s position...
Sunseeker unveils new owners and leadership team in major shake-up
Sunseeker International is entering a new era, with its ownership transition now complete and a new leadership structure taking...
Sanlorenzo backs consortium bid for The Italian Sea Group
Sanlorenzo is putting its weight behind a proposed consortium seeking to acquire the entire business undertaking of The Italian...
Blackstone, Donerail reportedly among final MarineMax bidders
Investment firms Blackstone and Donerail, together with private equity firm Centerbridge, have reportedly reached the final stage of bidding...
