Two German shipyards – Flensburger Schiffbaugesellschaft (FSG) and Nobiskrug – have been acquired by a couple of shipbuilding firms, according to the bankruptcy administrators. Both German shipyards are part of Lars Windhorst’s Tennor Group, which went into insolvency proceedings in…
Elomatic, an international consulting and engineering company, has acquired Ablemans LCS Oy (ALCS), which deals in cruise vessel refits, dockings and technical services. The acquisition of ALCS marks a significant moment in the strategic development of Elomatic’s portfolio, enhancing the…
Nimbus Group has signed an agreement to sell the Bella and Flipper small boat brands to Cremo AB, a subsidiary of Intaga Group. The directed asset deal includes all existing inventory, production material and equipment. The Swedish Intaga Group is…
Survival solutions manufacturer Wescom Group has acquired BCB International Ltd, a leading global supplier of safety equipment in the defence, outdoor and marine sectors, expanding its influence in the safety technology market. BCB International, based in Cardiff, Wales, has been…
The UK’s West P&I Club has acquired Nordic Marine Insurance, a leading provider of fixed premium insurance for the marine industry, holding 100% of Nordic, subject to regulatory approval. The West of England P&I Club, based in London, is a…
Marine Fire Safety has been acquired by Nobel Fire Systems, a UK-based company providing ‘special risk’ fire suppression systems, enabling it to benefit from Nobel Fire Systems’ scale and technological resources to enhance its product and servicing offering to customers….
Navarino has acquired 100% of the shares of Castor Marine B.V., the Dutch shipping and yachting internet connectivity and IT solutions provider, bringing an expanded service portfolio, enhanced global presence and accelerated innovation, driving forward the digital transformation of the…
Scottish yacht charter company Alba Sailing has been sold to a private buyer for an undisclosed sum. Alba Sailing operates from purpose-built shoreside premises at Dunstaffnage Marina in Dunbeg near Oban, and has been operational for over 40 years. The…
Navantia UK has agreed to acquire all four shipyards of British shipbuilder Harland & Wolff in the UK, securing 1,000 shipbuilding jobs and strengthening Britain’s industrial capacity. Navantia, the Spanish state-owned company specialising in the design and construction of high…
Marine Chandlery, based in North Shields, UK, has acquired the assets of Devon-based Bayside Marine, in order to boost its growth in the sector. Marine Chandlery provides products to the leisure marine market, including outboard engines, fish finders and inflatables,…
