Acquisitions and Investments

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

Seakeeper details recent expansion efforts

Marine stabilization and gyro manufacturer Seakeeper said it is expanding at an unprecedented rate, with gyro shipments up 46 percent in 2014 from the previous year, prompting the company to expand its sales and service staff, add certified and installation centers worldwide and add a new location for the company’s Florida office.

Wells Fargo set to buy GE lending arm

General Electric is selling its commercial leasing and lending businesses, which carry more boat dealer floorplan financing than any other lender, to Wells Fargo as the conglomerate continues to shed businesses and refocus attention on its industrial core.

Bennington Marine closes deal for Nautic Global Group

Pontoon manufacturer Bennington Marine announced today that it completed the acquisition of the brands and “certain assets” of Nautic Global Group LLC and is assuring dealers and customers that all of the brands will continue to function independently.

Nautic Global Group’s Hurricane line holds as much as half of deckboat market share. This is a Hurricane Sundeck 220 IO.

Decision is nearing on Nautic Global sale

True to Jim Malone’s upfront style, the newly reinstalled Nautic Global Group CEO says he isn’t sure whether the company will be sold as a whole or brand by brand. But, Malone says, he thought it best to put rumors to rest by clarifying the sale situation to the extent possible.

1 4 5 6 7 8 40

Most Popular

Sorry. No data so far.

Vote Today

Can you find fuel that doesn't contain ethanol when you need it?

View Results

Loading ... Loading ...

Search Boats for Sale

Price
Length
Year

Login to Trade Only Today

Lost Password