An entity affiliated with Dalian Wanda Group has reportedly agreed to sell the boatbuilder Sunseeker International to Lionheart Capital. Last month, rumours began circulating around the marine industry that Sunseeker might be bought by a new entity as its current owners sold off existing assets. The Poole-based luxury boatbuilder, which announced a £40m investment in new […]
Rumours are circulating around the marine industry that Sunseeker might be bought by a new entity as its current owners sell off existing assets. The Poole-based luxury boatbuilder, which announced a £40m investment in new product development in 2023, has been owned by the Wanda Group since 2013. But, in early December 2023, media reported […]
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. […]
Nimbus Group has decided to consolidate its sales organisation in North America. The consolidation means that all sales of Nimbus Group’s various brands on the North American market will be handled by Nimbus Group USA LLC, headed by Justin Joyner, vice president Nimbus Group North America. Nimbus Group USA LLC was formed in 2022 at […]
Acua Ocean and HydroSurv, two UK-based companies specialising in maritime autonomous systems, have announced their intention to merge. The new company, to be named Blue Ocean Autonomy, will deliver turnkey solutions across a broad spectrum of capabilities, covering the inland, nearshore and offshore sectors. Blue Ocean Autonomy will combine both firms’ expertise in the development […]
Electric personal watercraft maker, Taiga Motors, plans to go public via a merger with a company sponsored by Canaccord Genuity Group Inc., taking advantage of investor demand for companies that highlight their environmental credentials, according to Bloomberg. Montreal-based Taiga Motors makes electric recreational vehicles including Orca jet skis and Ekko Mountain snowmobiles that are meant to create […]