ABB has acquired BrightLoop, a French innovator in advanced power electronics, in a bid to accelerate its electrification strategy in industrial mobility and marine propulsion. The acquisition will expand ABB’s capabilities in delivering compact, rugged, and intelligent power conversion systems…
Boat accessory specialist Opacmare has acquired marine engineering company Pin-Craft in a strategic move to broaden its product range. Opacmare was launched in 1995 to manufacture and supply yacht and superyacht components and boat accessories from its HQ in Rivalta…
Sunpower Yachts International has acquired Alva Yachts, strengthening Sunpower Yachts’ position in the solar electric yacht industry. Sunpower Yachts International was founded in 2018 and is a global leader in luxury solar-electric yachts, pioneering eco-friendly, self-sufficient vessels. Series include the…
GTT has signed an agreement with the European investment fund Verdane to acquire Danelec, a leading provider of advanced digital solutions for maritime data collection and analysis. GTT, based in Saint-Rémy-lès-Chevreuse, France, is an engineering company specialising in marine containment…
Yacht manufacturer Catalina Yachts and sister company True North Yachts have been acquired by Michael Reardon, founder and CEO of Daedalus Yachts, marking a union of two well-respected US brands. Catalina Yachts was founded by Frank Butler in 1970 in…
Offshore wind specialists Havfram has been acquired by Norwegian DEME, expanding DEME’s presence in the offshore wind energy market and strengthening its competitive positioning in turbine and foundation installations. The transaction is valued at approximately €900 million euros and was…
ACQ Group, the yacht services agency, has acquired YachtMind, specialists in AI innovations for superyacht crew and shore professionals, further strengthening ACQ Group’s position as a leader in innovation and operational excellence within the yachting industry. As part of the…
The Shareholders of specialist marine insurance MGA MECO Group have agreed to sell their shares to Markel International, part of the Markel Group Inc., a global insurance company. MECO Group was founded in London in 1974 and is a specialist…
Luxury motor yachts manufacturer Fairline Yachts has been acquired by Bronzewood Capital. The firm is backing Fairline Holdco Limited in acquiring the business and assets of Fairline Yachts from administrator Alvarez & Marsal and secured lender DF Capital for an…
Torquay Watersports is an award-winning RYA leisure marine training centre and RIB Rides Boat Trips charter business. Offering high performance RIB rides, boat charters and coastal explorer sea safari trips from its central marina base in Torquay, its services also include marine training courses…
