Nautical Ventures Group said its cruise ship division, QPS Marine Ships, recently completed the sale of the 503-foot, 20,216 gross-ton passenger cruise ship MV Voyager.
Acquisitions and Investments
Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
Atlanta-based OneWater Marine Holdings LLC said it acquired Grande Yachts International, which has 11 coastal locations in New York, Maryland, Virginia, North Carolina, South Carolina and Florida.
SeaArk Boats said its production facility in Monticello, Ark. is undergoing expansion and renovation to accommodate growing sales demand.
Navionics said Monday that it acquired navigation chart provider Wavey Line Charts.
The TUI Group said it has an agreement to sell U.K.-based travel operator Travelopia, parent of Sunsail and The Moorings, to the U.S. private equity firm KKR & Co. for $403.7 million.
Iconic Marine Group said it has been hiring design and production engineers, managers and sales staff as part of the rebuilding plan for the Baja, Donzi Classic and Fountain boat brands.
After celebrating 50 years in the yachting industry, David Walters stepped aside and will serve as a consultant to the new owners of David Walters Yachts, the company he built.
As of January, Darrell and Leslie Allen are the new managing partners and majority shareholders of Hake Marine LLC, the builder of Island Packet and Seaward Yachts.
SeaStar Solutions, a manufacturer and supplier of marine steering and control systems, engine parts, fuel systems and related products, said it acquired Marine Digital Integrators LLC, a Stuart, Fla.-based manufacturer of complete electrical proprietary systems.
Tennessee-based Marine Accessories Corp. said it added Fishmaster T-tops to its portfolio of OEM and aftermarket brands.