Tankoa Yachts Acquires OTAM
The transaction unites the two Italian builders and includes the OTAM brand and its Genoa shipyard.
Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
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The transaction unites the two Italian builders and includes the OTAM brand and its Genoa shipyard.
The acquired product lines will enhance Teledyne’s Raymarine brand and expand business opportunities.
The deal will create the first North American electric propulsion and dealership company.
The brands’ acquisition of Casey’s Marina in Newport, R.I., includes the adjacent 10,000-square-foot Waites Wharf.
The Florida-based builder offers center console fishing boats in the 35- to 41-foot range.
Entrepreneur Andreas Müller will acquire a majority stake as the German builder navigates market uncertainty.
The company has purchased Naples Marina on Brady Pond in Naples, increasing its full-service dealerships to nine.
James Irwin will lead the brand that Bryton is acquiring from BRP.
Entrepreneur Laurens Last bought the Dutch motoryacht builder.
Yamaha Motor Australia will acquire the Australian boatbuilder.
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