The Adonnante sailmaker becomes All Purpose
After 15 years of activity under the name Adonnante, the sailmaker from Saint-Malo became All Purpose Saint-Malo. The buyers, Eric Hervé and Simon Tremulot, had approached All Purpose as soon as they arrived in 2016. In addition to the 2 partners, the company has 2 employees and a 250 m² floor, for a turnover of 350 k?. It now becomes the 7th sailmaker of the All Purpose EIG, which has 12 floors and 39 employees.
Marine electronics: Good results for Garmin
Electronics and navigation equipment specialist Garmin has released positive figures for the fourth quarter of 2019. Its overall sales increased by 4% to reach $932 million. The marine electronics business posted 13% higher growth, with sales reaching $94.6 million in the fourth quarter. Annual growth was 18%, with $441.6 million in sales volume. Garmin expects its marine sector to grow by 10% in 2019.
TransEurope Marinas expands into France and Europe
Created in 1987, the European network of TransEurope Marinas marinas now includes 87 ports of call. The structure, chaired by Jean-Michel Gaigné, the director of the port of Saint-Quay Port d'Armor, has integrated 10 new marinas since the beginning of 2019, in Germany on the Baltic Sea, in Greece, in Belgium, but also in France with the port of Saint-Valéry en Caux.
727 SailBags opens in the Mediterranean
The famous brand of decoration and accessories based on recycled sails 727 SailBags is exported to the Mediterranean. Already present through 80 distributors in France and abroad, it works on its brand image through concept stores. After the historic settlements in Brittany, then Martinique, 727 SailBags moved to Marseille, anticipating the growth of yachting thanks to the 2024 Olympic Games.
BRP acquires patents for electric motors
The BRP group, owner of the Evinrude outboard engines, has announced the acquisition of assets from Alta Motors, a company specializing in electric two-wheelers. Mainly composed of patents and intellectual property, the operation is "an opportunity for BRP to complete its ongoing research and development in a field of expertise in full development. "Are marine variations to be expected?