Jerome De MetzThe Board of Directors of BENETEAU S.A. is announcing that Mr Hervé Gastinel’s duties as Chief Executive Officer and his other positions within Groupe Beneteau ended on June 15 and 16, 2019.

Gary BurrellGarmin International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), announced on June 13th that Gary Burrell, aviation pioneer and co-founder of Garmin Ltd., passed away on June 12, 2019, at the age of 81. Mr. Burrell retired in 2002 and continued to serve as Garmin’s co-Chairman...

Jennifer ThompsonJennifer Thompson, Senior Vice President of NMMA Shows was named the first female president of the International Federation of Boat Show Organizers (IFBSO) on Friday, June 7 in Split, Croatia at their annual conference. Thompson replaces Goetz-Ulf Jungmichael following his third two-year tenure.

BMTA Gary PotterThe NMMA announced that the Boat Trailer Manufacturers Association (BTMA) awarded EZ Loader's Gary Potter with the BTMA Lifetime Achievement Award during a meeting at EZ Loader that introduced new programs and product.

Philippe TouetNorth Sails have announced Philippe Touet as the new General Manager of North Sails France. Previously the Commercial Director of Incidence Sails, Touet is now responsible for sales management and operations of the North Sails business in France.

Robert RoneyIt is with a heavy heart that we communicate the passing of "Harbour Bob" a strong supporter of the boating industry.

Steve LanglaisThe Brunswick Boat Group, a unit of Brunswick Corporation (NYSE: BC), today announced that Steve Langlais has been named President - Sea Ray Boats, succeeding Brad Anderson, who has chosen to pursue opportunities outside the Company.

NMMAThree of NMMA’s staff have been honored with Boating Industry’s Women Making Waves – Sara Anghel, NMMA Canada President, Ellen Bradley, Chief Communications Officer and Senior Vice President, and Jennifer Thompson, Senior Vice President of Boat and Sportshows.

Tom SchuesslerPower Products, one of the world's premier suppliers of innovative electrical products and systems, has named Tom Schuessler president effective immediately.

Annie Campbell 400It is with deep sadness, that North South Nautical Group announces the passing of one of their long time yacht brokers, Annie Campbell.

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BUSINESS VALUATIONS: THREE SITUATIONS WHEN YOU MIGHT NOT NEED ONE

 

Business ValuationsBy: Patrick Ungashick

Photo Credit: Dwain Bodkin


Business valuations are an important tool for owners and leaders of privately-held companies. For example, if you are doing sophisticated tax planning, buying-out a business partner, or if an owner is going through a marital divorce, then a valuation may be highly prudent—if not legally required. However, business owners and leaders should avoid rushing to get a valuation in circumstances where the need is not clear.

Read more about Business Valuations......

 

Changing Scene

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North Vancouver’s Lions Gate Marina has achieved eco-certification by Georgia Strait Alliance’s ...
On May 30th, 2019, BRP Inc. (TSX:DOO; NASDAQ:DOOO) reported its financial results for the ...
Parks Canada announced that as of Friday, May 24, 2019, the Trent-Severn Waterway ...
With trade talks between the US and China stalled and heavy tariffs being levied on imported goods, ...
Mercury Marine, a division of Brunswick Corporation (NYSE: BC) and the leading global ...
THE Toronto International Boat Show announced that total funds raised at the 2019 January Preview ...
On May 03, 2019 Johnson Outdoors Inc., reported increased sales and earnings during ...
NMMA Canada and the Canadian Marine Trades Associations have been advised by the Government of ...
It’s hard to believe Sea-Doo introduced the first, and to this day, only on-water braking ...
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LCI INDUSTRIES SUBMITS OFFER TO BUY LEWMAR

LCI IndustriesLCI Industries (NYSE: LCII) has announced that its wholly-owned subsidiary Lippert Components, Inc. (“LCI”), a supplier of a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") of leisure vehicles and mobile transportation, and the related aftermarkets of those industries, has reached an agreement with the board of directors of Lewmar Marine Limited (“Lewmar”), a supplier of leisure marine equipment, headquartered in Havant, United Kingdom, on the terms of a recommended cash offer for Lewmar by LCI, pursuant to which LCI would acquire the entire share capital of Lewmar. 

Read More about LCI Industries.....

 

 

BOATING ONTARIO LAUNCHES THEIR ABANDONED BOATS PROJECT

Boating Ontario LogoBoating Ontario announces the official launch of the Abandoned Boats Project Awareness Campaign aiming to increase boat owners’ awareness of their responsibilities, including proper management of their boat at the end of its life.

Boating Ontario was the recipient of a grant under Transport Canada’s Abandoned Boats Program assisting in the removal of abandoned or wrecked small boats posing a risk to Canadian Waters.  The program will help to educate small boat owners about how to responsibly manage their boats and support research on boat recycling.

 

Read More about the Abandoned Boats Project......