MarineMax has bought Island Global Yachting (IGY Marinas), which owns 23 marinas worldwide, for $480m. Tom Mukamal, the CEO and IGY Marina’s senior management team will stay and have agreed to a two year earnout which could add $100m to
OneWater Marine has reached an agreement to acquire Denison Yachting. The acquisition will expand the NASDAQ-listed firm’s presence in the superyacht industry, in addition to yacht brokerage and new boat sales. The transaction is expected to close in OneWater’s fiscal
US-based Denison Yachting takes payment for yacht charter via cryptocurrency. The firm has been offering payment for yachts in cryptocurrency for five years, accepting major cryptocurrencies such as Bitcoin, Ethereum and Dogecoin. “We need to be present and available to
The date of the third Perini Navi auction has been set for December 22, according to bankruptcy trustee, Franco Della Santa following two previously failed attempts. Perini’s estate and assets will go under the hammer with a base price of
This week has seen two bids for the faltering yacht builder, Perini Navi. The Italian Sea Group announced on Tuesday it had placed a €47m bid for the acquisition of the “entire corporate complex” of Perini following its bankruptcy in
Ferretti Group’s strong 2021 continues as the Italian firm posts a record-breaking September. The builder’s order intake in the first three quarters of the year now exceeds €900m, over €220m in September alone. “This year for Ferretti Group is like
The September sun shone as brilliantly as ever on Port Hercule, home to the Monaco Yacht Show, last week. Familiar stacks of shoes gathered around gangplanks greeted visitors to some of the industry’s finest vessels. But something was new: record
The 72m CRN yacht Azteca, which is currently attending Monaco Yacht Show 2021 as the best priced 2,000GT+ yacht on the market, will only accept full sales payment in Bitcoin. If purchased this would make Azteca the largest ever yacht
Denison has partnered with Alpha Custom Yachts to become its exclusive North American dealer. Alpha is a shipbuilding company founded in 2017 by brothers Roberto and Jorge Aboumrad. The first build was a custom Alfresco 106, as a personal yacht
The 85.9m super sailing yacht Aquijo is back on the market, having been listed for sale by Edmiston & Company. Delivered in 2016 as the largest high-performance ketch in the world, Aquijo was built in the Netherlands by Vitters and
