SeaStar Solutions acquired BluSkies International LLC, a St. Charles, Ill., manufacturer of marine diurnal systems and portable fuel tanks.
Acquisitions and Investments
Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
Rumors about whether Indiana-based Nautic Global Group and its eight boat brands are being sold are being put to rest as the company, once again with Jim Malone at the helm, issued a call for bidders.
In an increasingly digital era, some boatbuilders have begun taking to social media to unveil 2016 models, bypassing the more conventional channels of boat shows and dealer meetings.
Organizers of the 35th America’s Cup said ESPN acquired the exclusive multiplatform rights to the world’s biggest sailing event.
Triton Industries, the builder of Manitou pontoon boats, is relocating its manufacturing facility in Michigan from Delta Township to a 141,700-square-foot facility in Watertown Township.
RV component manufacturer Drew Industries entered the marine seating sector with the acquisition of Indiana-based Roehm Marine LLC — also known as Signature Seating.
When Bob and Jo Hamilton started Standout Yacht Fittings in 1980 in Washington, it was because the marketplace didn’t offer what they wanted for their own sailboat.
Cantiere Navale Italia completed the acquisition of Kifaru Yachts.
Tennessee-based Marine Accessories Corp. was acquired by Blue Sage Capital, a private equity firm based in Austin, Texas.
Slovenia-based sailboat builder Elan Yachts was sold to Merrill Lynch International and Wiltan Enterprises Ltd.