Yeoman Group buys Brookes & Gatehouse

Article Abstract:

Brookes & Gatehouse (B&G), which produces marine electronics, is being acquired by Yeoman Group plc. The transaction, which needs the approval of Yeoman shareholders, would form a major player in the navigation market. With a US sales office in Annapolis, MD, Yeoman provides a line of plotters that place a boater's position directly on charts and maps. The acquisition includes B&G's administrative and manufacturing facilities, which will back up Yeoman's growing business and current marine sales.

Comment:

Is acquiring Brookes & Gatehouse

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing, Electronic Parts Wholesale, Other Electronic Parts and Equipment Wholesalers, Marine Compasses, Electronics wholesalers, Marine navigation equipment, Compasses (Navigation), Yeoman Group PLC, Article, Brookes and Gatehouse USA

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Lurssen acquires Northwest builder

Article Abstract:

Yacht builder Townsend Bay Marine has been bought by Lurssen Yachts of Germany for an undisclosed amount. The acquisition follows Lurssen's unsuccessful bid to gain control of Palmer Johnson in spring of 2000. Lurssen says the merger would add a composite shipbuilding component to its capabilities, as well as providing customer support in the Pacific Northwest. The German company builds yachts and military watercraft up to 160 meters while Townsend manufactures yachts up to 150 ft.

Germany, Cabin Cruisers over 40 ft, Yacht building, Cabin cruisers, Lurssen Yachts, Townsend Bay Marine

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Quest Marine Group

Article Abstract:

Qwest Marine Group has bought Essex, UK-based Prout Catamarans Ltd, which makes 38-foot and 46-foot catamarans. Prout has been built more than 4,000 catamarans since 1952 at its Convey Island shipyard. The company plans to build a 69-foot luxury catamaran as well as a 70-foot jet-powered model, in the luxury yacht and sportfishing versions. Rob Underwood would continue to be Prout's managing director and would still oversee operations at the Convey Island shipyard.

Catamarans, Prout Catamarans Ltd., Quest Marine Group

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