In a Word / Life of boating: Brunswick, Osculati, Harken, Marine Mobile Diffusion, GlobeSailor

The Brunswick Group is buying back shares

There's a lot going on in the boating industry. A look back at the latest news from the boating professionals. The news briefs of September 15, 2020.

Brunswick resumes share buybacks

The American leader in yachting announced the resumption of its share buyback program. Suspended due to the Covid-19 crisis, the objective of the operation was to buy back $100 million of share capital over the year 2020. One third of this had been achieved before the suspension.

Osculati invests in production and logistics

The equipment manufacturer and distributor of equipment for the nautical industry, Osculati, has stated that it is preparing a development plan. The Italian company has already invested 1.2 million euros in a first phase beginning in August 2020. Two new storage sheds and the recruitment of 4 operators will strengthen the production department, while the logistics area will receive new locations and shelving for 2800 additional pallets.

Harken buys out its Dutch distributor

Rigger Harken has announced the acquisition of On Deck BV, its distributor in the Netherlands. The Dutch company is also a distributor of Wichard, Marlow, Plastimo, Bainbridge, Sunbrella, Scanstrut and other brands and has its own brands: Imhoff, Blue Performance, U-Rope, Ruddersafe and Trend Marine.

Marine Mobile Diffusion is going to distribute the Compagnie Hydrotechnique

The equipment distributor Marine Mobile Diffusion has announced the signature of a partnership with the French watermaker Compagnie Hydrotechnique in France and French overseas departments and territories. It has thus added the BlueWater, Katadyn and Unitam ranges to its catalogue.

Partnership between GlobeSailor and Capt'n Boat

GlobeSailor and Capt'n Boat have signed a partnership agreement. GlobeSailor now offers its boat rental customers a new service to find their professional skipper through the Capt'n Boat offer.

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