The Adonnante sailmaker becomes All Purpose
After 15 years of activity under the name Adonnante, the Malouine sailmaker became All Purpose Saint-Malo. The buyers, Eric Hervé and Simon Tremulot had been close to All Purpose from the moment they arrived in 2016. In addition to the 2 partners, the company has 2 employees and a floor area of 250 m², for a turnover of 350 keuros. It now becomes the 7th sailmaker of the GIE All Purpose, which has 12 floors and 39 employees.
Marine Electronics: Good results for Garmin
Navigation electronics and hardware specialist Garmin reported positive fourth quarter 2019 figures. Overall sales increased by 4% to $932 million. The marine electronics business posted higher growth of 13%, with sales reaching $94.6 million in the fourth quarter. Annual growth was 18%, with $441.6 million in sales volume. Garmin anticipates 10% growth in its marine business in 2019.
TransEurope Marinas expands in France and Europe
Created in 1987, the European network of marinas TransEurope Marinas now has 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 via 80 distributors in France and abroad, it is working on its brand image through concept stores. After the historic locations in Brittany, then in Martinique, 727 SailBags set up in Marseille, anticipating the growth of yachting thanks to the 2024 Olympics.
BRP acquires electric motor patents
The BRP Group, owner of Evinrude outboard engines, announced the purchase of assets from Alta Motors, a company specializing in electric two-wheelers. Mainly comprised of patents and intellectual property, the transaction is "an opportunity for BRP to complement its ongoing research and development in a burgeoning field of expertise. "Are marine variations to be expected?