Powerhouse Marine Ltd bas been acquired by North Shields-based Marine Chandlery, expanding the specialist chandlery’s operations and reach. Powerhouse Marine specialises in marine engine sales, servicing and repairs, as well as leisure boat parts, jet skis, kayaks and trailers. Based…
Tankoa Yachts has acquired the business division of Otam, finalised in agreement with both companies’ founding families. The acquisition includes the Otam brand and its Genoa shipyard. Organizzazione Tigullio Assistenza Motoscafi (Otam) was founded in 1954 as one of the…
AIS has acquired Ovun, a Norwegian buoyancy and subsea marine specialist, enhancing AIS’ ability to offer integrated solutions to the Nordic region and beyond while expanding manufacturing capacity and capabilities. Ovun manufactures polymer-based products for various industries, including plastics engineering…
Premier Marinas has acquired Boatfolk, facilitated through investment provided by Premier Marina’s long-term owners Wellcome. Boatfolk operates a marina portfolio of 11 UK locations, including Bangor, Conwy, Deacons, East Cowes, Haslar, Penarth, Portishead, Portland, Rhu, Royal Quays and Weymouth. The…
Yacht brokers Denison Yachting and One Water Yacht Group have merged and will operate with the same leadership but under the Denison Yachting brand. This merger represents the integration of two leading companies within OneWater Marine, a publicly traded company…
Fairbanks Morse Defense has acquired Vestdavit, a leading supplier of davits and advanced handling systems, from its four owners for an undisclosed sum. The acquisition of the davit specialist company strengthens FMD’s position as a global provider of mission-critical maritime…
Private equity firm Riello Investimenti SGR has acquired a 60% stake in Italian shipyard Apreamare. The transaction was carried out through the Italian Strategy Private Equity fund, the third fund managed by Riello Investimenti SGR. Italian shipyard Apreamare’s roots date…
Maritime Partners LLC’s flagship fund has acquired Centerline Logistics Corporation, a leading marine transportation company operating in the United States. Centerline Logistics is a leading marine transportation company and one of the nation’s larger operators of Jones Act-qualified liquid petroleum…
Straatman, the hydraulic presses and heavy winch specialist, has acquired Kraaijeveld Winches, strengthening its position in the maritime manufacturing industry. Kraaijeveld Winches is a Dutch company specialising in the design and production of high-quality winches and related equipment for dredging,…
Freight procurement specialist Xeneta AS has acquired maritime and supply chain data company eeSea, strengthening its maritime supply chain intelligence offerings. Founded in 2015 and headquartered in Copenhagen, eeSea is a maritime and supply chain intelligence company, offering insights and…
