Nippon Paint Holdings and Sherwin-Williams have issued a joint statement confirming that the companies are no longer pursuing a €13bn takeover bid for paint and coatings giant AkzoNobel. Nippon Paint Holdings and The Sherwin-Williams Company made an offer in April 2026 to acquire all issued and outstanding shares in AkzoNobel for €73 in cash per share, […]
For many young people facing barriers to confidence, education or employment, opportunity rarely arrives in isolation. In sail training, the biggest breakthroughs are increasingly happening not because one organisation steps in, but because many come together around a shared goal: helping young people see a bigger future for themselves. Here Kerry McMillan, chief executive, ASTO […]
German outboard developer and manufacturer, Neander Marine, has appointed two new distribution partners in Vietnam and Singapore as it expands its distributor network across Asia. The appointments form part of a commercial initiative led by CEO Paula Blanco and head of commercial operations, Tom Hewson. Under the agreements, Dai A International will represent Neander Marine […]
Baglietto has launched the first hull in its new FAST50 series, marking a significant evolution of the Italian builder’s high-performance yacht heritage. Designed to deliver 30-knot speeds without sacrificing space and comfort, the 50-metre aluminium yacht blends sporty styling with the liveability more commonly associated with larger displacement vessels. Hull no. 10268 is a full-aluminium […]
Parker Boats has appointed its finance director, Whitman Barnes, as president, succeeding Scott Bauer. Correct Craft acquired Parker Boats in 2019. The brand manufactures offshore fishing, sport and family leisure boats across a lineup spanning over 20 models ranging from 6 to 16 metres. Barnes has been promoted to the role after working as director […]
US boatbuilder Manari Yachts has appointed Miami-based Powerboats USA as its official dealer for the United States market, establishing its sales and support network in North America following the recent launch of its first model. Powerboats USA specialises in the luxury tender and chase boat sector, with a client portfolio that includes supplying auxiliary craft […]
B&G has joined Team Francesca Clapcich Powered by 11th Hour Racing as an official supplier, supporting the Italian-American skipper’s campaign to compete in the 2028 Vendée Globe. Clapcich’s 60ft foiling IMOCA, 11th Hour Racing, will be fitted with B&G navigation systems developed for offshore foiling race yachts. The sailing electronics manufacturer marks its 70th anniversary […]
BRP – maker of Sea-Doo watercraft – reported revenues of CA$2.39bn (US$1.7bn) for the first quarter of fiscal 2027, ended 30 April 2026, up 29.5 per cent from CA$1.85bn (US$1.3bn) in the same period last year. The company says the increase was mainly driven by higher shipments of off-road vehicles (ORV) and personal watercraft (PWC), along […]
Princess Yachts has launched Princess Genuine, an official parts and accessories store designed to support owners, captains, engineers, refit projects and service professionals across its fleet worldwide. Princess Genuine has been developed to provide access to original equipment manufacturer (OEM) parts produced to Princess specifications. The range includes replacement hinges, catches and fittings, alongside specialist […]
Thetford has announced the death of its CEO, Stéphane Cordeille. In a statement issued by the company’s executive leadership team yesterday (2 June 2026), Thetford said it received news of Cordeille’s passing on Sunday, 31 May 2026. The company extended condolences to his family, friends and colleagues. Italy-based Thetford is a leading supplier of mobile […]
German component manufacturer and automotive supplier Webasto has appointed Yanik Cantieni as chief financial officer, effective 1 June 2026. He succeeds Joerg Bremer, who has served in the role since November 2024. Webasto says it mutually agreed with Bremer to end their collaboration on 31 May 2026, with his departure taking effect on that date. […]