Patrick and LCI agree all-stock merger
Patrick Industries and LCI Industries have entered into a definitive agreement to combine in an all-stock merger, subject to...
Marine finance
Read all the latest news about marine finance including companies’ financial results, funding and beneficial partnerships.
HMRC updates guidance on superyacht fuel duty in UK waters
HM Revenue & Customs (HMRC) has issued updated guidance that aims to clarify the rules on how fuel duty...
Filing confirms Groupe Beneteau to make over 230 layoffs in Michigan
French boating giant Groupe Beneteau is set to lay off 239 workers in Cadillac, Michigan, in August, according to...
Beneteau to close US factory and sell Four Winns, Glastron and Scarab Jet brands
Groupe Beneteau has confirmed it is to halt production at its Michigan facility and divest the Four Winns, Glastron...
The Italian Sea Group: Florence court accepts appeals from five shipowners
The Court of Florence in Italy has decided that five yacht owners are no longer covered by protective measures...
Lookout forms advisory board following latest funding round
Lookout – a firm specialising in artificial intelligence for marine safety – has completed a new funding round backed...
AkzoNobel shares plummet as Nippon Paint and Sherwin-Williams offer withdrawn
Nippon Paint Holdings and Sherwin-Williams have issued a joint statement confirming that the companies are no longer pursuing a...
BRP posts 29% increase in first-quarter revenue
BRP – maker of Sea-Doo watercraft – reported revenues of CA$2.39bn (US$1.7bn) for the first quarter of fiscal 2027, ended...
Camper & Nicholsons to change hands in €50m deal linked to Chinese venture
Camper & Nicholsons is set to change hands after Lai Sun Development agreed to sell an initial 80 per...
AkzoNobel rejects €13bn takeover bid
Global paint and coatings giant AkzoNobel has rejected a conditional and non-binding proposal from Nippon Paint Holdings Co. and...
The Italian Sea Group shares plunge as losses breach legal threshold
The Italian Sea Group (TISG) has outlined a turnaround plan that may include the disposal of non-core real estate...
