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…
This long-established marine engineering services business is located in a profile marina in South Devon, serving local berth holders, leisure customers based on the river and commercial trade clients. Founded in 1985 and owner operated by our clients since 2005,…
Aluminium boats manufacturing group Bryton Marine Group, a family-owned company, is to acquire Alumacraft assets from powersports specialist BRP. This follows BRP’s decision to sell its marine businesses to concentrate on its core powersports activities, enhancing its position for long-term…
The BSI Marine Equipment Group has acquired Danish control systems company Lyngaa Marine. Lyngaa Marine, based in Birkerød, is a maritime technology company that creates alarm and control systems, ranging from simple override systems for a small fishing vessel to…
