If you are not subscribed already, REGISTER NOW to sign-up for your complimentary copy of IBI magazine, in print or digital format.
Show Fullscreen
>> Investors apply here
Looking at the spree of M&A activity over the recent weeks and months it’s clear that the leisure marine industry is entering a new phase as market confidence soars. Both the levels of renewed activity, and the areas of the business in which they are taking place are of particular interest.
OneWater and MarineMax are on the expansion trail and have been driving consolidation in the US dealer market for months. In late December, former Ferretti Group investor Permira acquired Boats Group with its online brokerage platforms including boats.com, Yacht World and Boat Trader, for a reported US$850m – deals to name but a few that highlight just how hot the market is right now as consumers get on board with boating.