Groupe Beneteau Posts 12% First-Half Sales Growth
July 29, 2026
The company reported revenue of $515 million, up 12% from a year earlier.
The company reported revenue of $515 million, up 12% from a year earlier.
The company said economic conditions in Turkey, where the boats were built, guided the decision to end production.
Five veteran marine journalists will judge this year’s Newport for New Products program.
New partnerships in the Caribbean and Southern California give the advisory firm dedicated representation in top cruising destinations.
Reuters reports the company has drawn final-round interest from Blackstone, Donerail and Centerbridge.
Cross Ocean Partners and Cheyne Capital are the new long-term owners, with Scott Millar as chief executive.
Owner Eddie Smith gifted control of the company to a perpetual purpose trust, with profits donated to charity.
Morgan Marina in Sayreville, now Jersey Yacht Center, includes 210 slips and has direct access to Raritan Bay.
Kadey-Krogen and American Tugs customers describe “bullying” and “excuses” for at least a year prior to July’s bankruptcy declaration.
The diesel outboard manufacturer posted a consolidated net loss of $2.8 million for the period.
The company reported revenue of $515 million, up 12% from a year earlier.
The company said economic conditions in Turkey, where the boats were built, guided the decision to end production.
Five veteran marine journalists will judge this year’s Newport for New Products program.
New partnerships in the Caribbean and Southern California give the advisory firm dedicated representation in top cruising destinations.
Reuters reports the company has drawn final-round interest from Blackstone, Donerail and Centerbridge.
Cross Ocean Partners and Cheyne Capital are the new long-term owners, with Scott Millar as chief executive.
Owner Eddie Smith gifted control of the company to a perpetual purpose trust, with profits donated to charity.
Morgan Marina in Sayreville, now Jersey Yacht Center, includes 210 slips and has direct access to Raritan Bay.
Kadey-Krogen and American Tugs customers describe “bullying” and “excuses” for at least a year prior to July’s bankruptcy declaration.
The diesel outboard manufacturer posted a consolidated net loss of $2.8 million for the period.
