Seawater Protection Systems in Recreational Yachts
ElectroSea, a Minnesota, US-based marine technology company, has emerged as a prominent supplier of seawater system protection solutions for the recreational yacht sector. Founded in 2016 by Dr Louis Cosentino and his son Daniel, the company developed out of a practical onboard issue: persistent marine growth and scaling within the ...
Premier partnerships and industry awards confirm Mitek’s boutique approach in the field of electric drives
Mitek’s success is built on a quiet yet effective synergy: on the one hand, the technical ingenuity of the Italian company’s founder Alfonso Peduto’s; and on the other, the commercial instinct and similar down-to-earth approach of his daughter, Silvia.
Next Yacht Group acquires metal fabrication specialist
The deal, backed by a €20m investment plan, will expand production capacity for Maiora and AB Yachts’ metal superyacht lines across facilities in La Spezia and Pisa
Azimut-Benetti Group denies interest in buying TISG
The Italian builder has clarified it is not interested in acquiring The Italian Sea Group, though it remains open to considering specific assets
Mitie Group agrees £3.1bn acquisition by OCS Group International
The UK company manages marina facilities, port security and provides superyacht concierge services
Whisper Marine acquires Crownline Boats
US pontoon boat manufacturer expands into the sport, deck and cruiser segments with the acquisition of one of America’s longest-established recreational boat brands
Wisconsin marina sold for US$5.8m
The Connecticut-based Grove Point Marinas has acquired Southport Marina in Kenosha, according to Wisconsin state records
Twin Vee PowerCats to merge with USFM as marine business goes private
The US builder will merge with mineral developer USFM Corporation while spinning off its Twin Vee and Bahama Boat Works brands into private ownership
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