Twin Vee PowerCats Co., manufacturer, distributor, and marketer of power sport boats, has acquired Bahama Boat Works, uniting two renowned legacies in the marine industry. Bahama Boat Works manufactures offshore fishing boats, with every model built by hand at the…
Aurora Energy Services has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, providing significant investment to support the roll-out of its flagship mooring connection technology. This acquisition reinforces Aurora’s strategy to support the energy transition through…
Marinedi Group, a leading marine operator in Italy and the Mediterranean, has acquired the controlling interest in Marina of Brindisi, one of the leading tourist ports in the Adriatic and already part of the Marinedi network. The Group is a…
Nakashima Marine Propulsion Ltd, a global leader in marine propeller technology, has acquired the United Kingdom operations of Michigan Wheel, a leading manufacturer of marine propulsion equipment. Michigan Wheel was established in 1904 and manufactures and distributes high quality and…
Lalizas, which manufactures marine safety equipment, has acquired Ativa Nautica, the Brazilian-based lifejacket manufacturer, continuing its expansion across the Americas. Ativa Náutica is Brazil’s largest manufacturer of lifejackets and buoyancy aids, offering safe and reliable rescue equipment for work, leisure,…
The Red Bull Italy SailGP Team has been acquired by a consortium of investors and sports industry leaders, led by Muse Capital founding partner, Assia Grazioli Venier, and luxury brand entrepreneur, Gian Luca Passi de Preposulo. The new ownership group…
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…
