Skip to main content

Yanmar acquires Danish propeller maker

Yanmar has acquired Denmark-based Flexofold ApS, a manufacturer of low-drag folding propellers for sailboats and multihull yachts.

“Flexofold is a great company and we are pleased to announce that Flexofold is joining the Yanmar Group,” Yanmar Marine International president Shiori Nagata said in a statement. “Flexofold and Yanmar are both leaders and strong brands in their respective segments in the recreational marine industry. Together we will be able to further expand and strengthen our product offerings to sailboat builders, distributors and ultimately sailboat end users.”

Flexofold will continue to operate from Denmark, maintaining its distinct brand identity. Jack Skrydstrup, a navigator and founder of Flexofold, will remain with the company as a special adviser focusing on R&D and product development.

Skrydstrup, who started developing folding propellers after many years of experience in hydrodynamics, established Flexofold in 1992.

“We are very proud to join the Yanmar Group,” he said. “The strategic fit between Flexofold’s sailboat propellers and Yanmar’s recreational marine products, including their marine engines, is obvious. Moreover, we share the same entrepreneurial spirit, and being part of Yanmar is an excellent move for Flexofold to continue and accelerate its ambitions as a global premium sailboat propeller provider.”



Avikus Debuts Autonomous Navigation

The company will demonstrate ‘Neuboat’, an autonomous phase-2 navigation solution for recreational boats at this year’s FLIBS.


Scope of Ian’s Devastation Emerges

Southwest Florida’s marine industry businesses are ensuring the welfare of their people well before the cleanup even begins.


Mercury Marine Receives Environmental Award

The company was recognized in the large business sustainability category by Wisconsin Manufacturers and Commerce.


MarineMax Closes IGY Marinas Acquisition

The deal adds 23 megayacht marinas, the Trident superyacht membership and management platform and Fraser Yachts and Northrop & Johnson to the company’s portfolio.


Coast Guard Foundation Activates Emergency Relief Program

The nonprofit is providing support to Coast Guard members and families impacted by Hurricane Ian.


Torqeedo Announces New Leadership

Fabian Bez assumes the CEO role while Heiko Veitmeier comes on board as CFO.


ABA Celebrates 30 Years

The America Boatbuilders Association was founded in 1992 with the objective of collectively buying engines, raw materials and manufactured products at better prices.