Alliance Marine: Weinberg sells the marine and nautical equipment company

The Weinberg Capital Partners fund has announced the sale of the Alliance Marine group to LBO France. The move is justified in the context of the company's international development, according to the management of the specialist in equipment for pleasure craft and professional marine.

New shareholder at the head of Alliance Marine

The Alliance Marine group will change its main shareholder. Having arrived in the capital of the manufacturer and distributor of equipment for pleasure craft and professional vessels in 2016, the investment fund Weinberg Capital Partners (WCP) has announced its desire to sell the group to the LBO France fund, a structure of around 60 employees, managing 55 assets. Exclusive negotiations have begun, with the objective of closing at the end of 2021.

The team led by Jean-Paul-Roche and the team of the different entities remains in place.

Support for the new strategic plan

After 5 years in the capital of Alliance Marine, marked by numerous acquisitions, particularly internationally, WCP wished to hand over to a new fund. "As part of the strategic plan launched for 2021-2026, it was a good idea to find a new shareholder to support this new project," confirms Cathy Millien, spokesperson for the Alliance Marine group.

The group's ambition in Europe has already been strongly visible in 2021, through the acquisition of distributors in Spain (Dismarina), Scandinavia (Navinordic) or the UK (Marathon Leisure). The creation of a cross-brand security division was also announced in October 2021.

Active in both the pleasure and professional marine sectors, Alliance Marine will post sales of 220 million euros in 2021 and employ 635 people worldwide.

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