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Superyacht

Creation of superyacht division represents a pivotal moment for MarineMax

MarineMax is creating a superyacht division from its previous shopping sprees. The acquisitions of Fraser Yachts, Northrop & Johnson, Fairport Yacht Management, SuperYacht Management (SYM), and Atalanta Golden Yachts means it’s become the largest superyacht services company in the world. And now it’s looking at how to manage that. Currently the plan is to integrate […]

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Leisure Marine

OneWater releases statement regarding rumoured MarineMax deal

OneWater Marine has released a statement following a rumoured deal with MarineMax. On Sunday (2 June), Bloomberg reported OneWater Marine has been in talks to acquire its larger rival MarineMax. The news outlet says OneWater has made ‘an all-cash, $40-a-share offer for MarineMax‘. OneWater Marine made the following statement ‘in response to inquiries regarding recent news’: ‘As […]

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Leisure Marine

Premier expands across Marinemax locations

Seven MarineMax locations across the US have added Premier pontoon boats to their collection of brands. Premier is now represented at MarineMax Orlando, MarineMax Pensacola, MarineMax Fort Walton Beach, MarineMax Gulf Shores, MarineMax Jacksonville, MarineMax Panama City Beach, and MarineMax Cocoa. “We are excited to add Premier to our list of premium brands we represent,” […]

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Leisure Marine

‘Softness’ in market leads to gross profit decline for MarineMax

MarineMax, which describes itself as the world’s largest recreational boat, yacht and superyacht services company, has announced results for its second quarter ended March 31, 2024. In its summary, it says its experienced a same-store sales increase of 2 per cent, a gross profit margin of 32.7 per cent and March quarter revenue of $582.9 […]

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Leisure Marine

MarineMax expands to $1bn marina development in Texas

Yacht retailer MarineMax has expanded to Rowlett, Texas, with the grand opening of its newest location, MarineMax Lake Ray Hubbard, situated at Sapphire Bay Marina. “This expansion marks an exciting chapter for MarineMax as we set our sights on Rowlett and the promising community of Sapphire Bay,” says Kevin Chapman, general manager. “We’re eager to […]

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Leisure Marine

Fairport Yacht Support and SYM merge to form Fairport Global

Yacht management companies Fairport Yacht Support and SYM are uniting under the new name Fairport Global, after a merger. SYM is based in the south of France, and Fairport Yacht Support is based in Florida, US. The new combined entity brings together the two powerhouse organisations from separate geographical territories to offer worldwide yachting services. […]

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Leisure Marine

MarineMax expands in the Florida Keys

MarineMax, which bills itself as the world’s largest recreational boat and yacht retailer, is expanding across Islamorada, Florida, with the addition of dealership Native Marine. Native Marine was founded by Florida Keys natives Tommy, Sarah, and Brett Brashares. As an authorised Boston Whaler and Mercury Marine dealer, the firm operates from Tavernier to Key West. […]

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Leisure Marine

MarineMax completes acquisition of Williams Tenders USA

MarineMax has completed the acquisition of Williams Tenders USA, Inc. Headquartered in Pompano Beach, Florida, Williams is a distributor and retailer for UK-based Williams Jet Tenders, a manufacturer of rigid inflatable jet tenders for the luxury yacht market. The acquisition, which was first announced in January, is expected to be accretive in its first full […]

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Leisure Marine

Challenging retail environment, says MarineMax

A challenging retail environment has led to MarineMax being “required . . . to take more aggressive pricing actions,” says its CEO Brett McGill. This comes as the company has announced its results for its fiscal first 2024 quarter, ending December 31, 2023. The company, which bills itself as the ‘world’s largest recreational boat, yacht […]

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Leisure Marine

MarineMax to acquire Williams Tenders USA

MarineMax has entered into a definitive agreement to acquire Williams Tenders USA. The acquisition is expected to close by March 31, 2024, and be accretive in its first full year of operations. Headquartered in Pompano Beach, Florida, Williams Tenders USA is a distributor and retailer for UK-based Williams Jet Tenders, a manufacturer of rigid inflatable […]

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Leisure Marine

MarineMax establishes apprenticeship programme

Recreational boat, yacht and superyacht services company, MarineMax has established a Marine Service Technician Apprenticeship Programme for the State of Florida, USA. The programme spans three years, but can be shortened to one and a half years with approved experience, and consists of hands-on mentor-led and online self-led training at an assigned Florida location. The […]