Twin Vee and Forza shareholders approve merger
Shareholders of Twin Vee PowerCats and electric boat firm Forza X1 have voted to approve the proposed merger between...
Acquisitions in the marine industry
Marine Industry News keeps track of who is acquiring whom across the marine industry. Find out which marine trade companies are buying, merging or splitting in this series of articles.
NMMA sells US boat show
The National Marine Manufacturers Association (NMMA) has sold the Northwest Sportshow in Minneapolis to Marketplace Events (MPE), North America’s...
Kiwi boatbuilder Stabicraft secures investment for global push
KiwiSaver provider Simplicity has acquired a 35.9 per cent stake in New Zealand-based boat manufacturer Stabicraft Marine. It’s the...
Interest in Ferretti’s Riva intensifies as LVMH said to be circling
Rumours continue to swirl about the future of the Ferretti Group as a potential buyout or investment by LVMH,...
Fountaine Pajot Group acquires majority stake in The Yacht Sales Co
Fountaine Pajot Group has acquired a majority stake in The Yacht Sales Co., as the firm strengthens its presence...
Sunseeker International bought by Italian and US firms, but will still build in Poole
Italy’s Orienta Capital Partners and US’s Lionheart Capital have bought Britain’s Sunseeker International from China’s Wanda real estate group....
Groupe Beneteau to sell housing division
Groupe Beneteau has received approval from the French Competition Authority to proceed with the sale of its housing division,...
Garmin acquires UK marine lighting company Lumishore
Garmin has announced the acquisition of Lumishore, a UK-based company specialising in the design and manufacture of LED lighting...
Ocean Rodeo sold to Bainbridge International
Bainbridge International has completed its acquisition of Ocean Rodeo’s operating assets from Aluula Composites Inc. Ocean Rodeo, known for...
Employee-owned marinas: Emsworth MD talks about new business model
In April 2024, Marine Industry News reported that Emsworth Yacht Harbour had sold a controlling stake to an employee...
Marine PR agency Saltwater Stone sold
Blue, a consultancy specialising in B2B PR, digital marketing, brand and communications for the commercial maritime and renewable energy...
