Vision Marine proposes merger with undisclosed defence firm
Canadian electric boatbuilder and outboard manufacturer Vision Marine Technologies has signed a non-binding letter of intent (LOI) for a...
Marine finance
Cummins raises 2026 outlook after record second quarter
Cummins has reported second-quarter 2026 revenues of $9.5bn, up 9 per cent from the same period in 2025. Net...
IntusHQ secures investment for UHNW asset management
The UK-based mobile-first asset and inventory management platform IntusHQ has secured a six-figure investment round to support product development,...
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...
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...
Grady-White owner chooses perpetual trust over US$400m sale
Grady-White Boats owner Eddie Smith has transferred control of the company to a perpetual purpose trust, introducing an ownership...
Salt launches UK boat finance search platform
Marine finance provider Salt has launched BoatsOnFinance.com, a UK platform that allows prospective buyers to search for boats based...
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...
Correct Craft acquires Ranger Tugs, Cutwater Boats and Solara Boats parent Fluid Motion
Correct Craft has acquired Fluid Motion, the parent company of Ranger Tugs, Cutwater Boats and Solara Boats. Fluid Motion...
Next Yacht Group acquires metal fabrication specialist Siman
Italy’s Next Yacht Group has announced the acquisition of Siman, which specialises in metal fabrication and mechanical engineering for...
