Acquisitions and Investments

Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.

GE continues talks on selling more assets

General Electric Co., working to reduce dependence on its finance unit, is in advanced talks to sell assets in the $9 billion vehicle fleet-management business to Element Financial Corp., according to Bloomberg Business.

Dedicated to thwarting invasive species

Some of my happiest memories are of times spent on the water with my family and friends. For me, boating is a true lifestyle and not just a hobby or job.

ACR Electronics acquires Ocean Signal

Fort Lauderdale-based safety and survival technology manufacturer ACR Electronics announced today its acquisition of Ocean Signal Ltd., a British supplier of marine safety and survival equipment.

Brunswick buys Australian distributor

Brunswick Corp. said it acquired BLA, Australia’s largest provider of boating, lifestyle and adventure products, to help bolster the company’s marine parts and accessories business in the region.

Quantum Key West Race Week has new owner

The Storm Trysail Club reached an agreement to buy Quantum Key West Race Week from Premiere Racing, although the race will retain title sponsor Quantum Design Group.

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