Mission Critical Electronics (MCE) has acquired Magnus Marine, a leading provider of high-power shore power conversion and advanced hybrid power solutions for mega yachts. Together, ASEA and Magnus will drive innovation in sustainable maritime solutions, setting new standards for environmental…
Digital agency IDHL has acquired marine marketing specialist The MTM Agency, and will utilise The MTM Agency’s creative, strategic client-centric approach in delivering for B2B brands to enhance its offer to its existing clients. IDHL is a digital agency specialising…
Global investment firm Blackstone has acquired Safe Harbor Marinas, the largest marina and superyacht servicing business in the United States, from Sun Communities Inc. The acquisition, with a value of $5.65 billion, was from funds managed by Blackstone Infrastructure, and…
Performance Sailcraft Europe (PSE) has acquired sailing dinghy brand Ocean Play from RS Marine Group, for an undisclosed sum. The acquisition by Performance Sailcraft Europe incudes the manufacturing rights for the Bug, Pico, Vago, and Bahia dinghies from designer Jo…
Sailmaker Pinnell & Bax (P&B) has been sold to Rhys Rollitt and Steve Badham of Goat Marine, a sailing dinghy and equipment business in Cornwall. Northampton-based sailmaker Pinnell & Bax produces hand-built bespoke sails, covers, and accessories in its sail…
DESMI, a global leader in pump and flow solutions across the marine, defense, aquaculture and industry sector, has acquired Nordan Marine, strengthening DESMI’s commitment to deliver top-tier flow solutions and services, with a particular focus on the maritime industry. Founded…
Swedish shipping company WALLENIUS SOL has acquired Mann Lines, provider of RoRo and container vessel services and logistics. This strategic move by the Swedish shipping company will enable it to offer a broader range of solutions, increasing its presence in…
Alfa Laval has signed an agreement to acquire NRG Marine, a U.K.-based provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications. The acquisition aims to leverage the increased use of innovative ultrasonic anti-fouling technology, which is…
Two German shipyards – Flensburger Schiffbaugesellschaft (FSG) and Nobiskrug – have been acquired by a couple of shipbuilding firms, according to the bankruptcy administrators. Both German shipyards are part of Lars Windhorst’s Tennor Group, which went into insolvency proceedings in…
Elomatic, an international consulting and engineering company, has acquired Ablemans LCS Oy (ALCS), which deals in cruise vessel refits, dockings and technical services. The acquisition of ALCS marks a significant moment in the strategic development of Elomatic’s portfolio, enhancing the…
