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2018 March April Marina World

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PCM joins IGY management portfolio ITALY: Island Global Yachting (IGY Marinas) has secured a contract to manage Porto Cervo Marina (PCM) in northern Sardinia and its associated boatyard. The agreement includes IGY marketing, branding and customer service. IGY Marinas CEO, Tom Mukamal, said “we are honoured to have the opportunity to partner with the owners of Porto Cervo Marina and the historic Yacht Club Costa Smeralda, as well as the local community in Sardinia, to bring value to clients, customers and Tuckahoe Holdings buys Meeco Sullivan USA: Tuckahoe Holdings, a family run and family controlled private investment firm based in Richmond, Virginia, has purchased marina systems supplier Meeco Sullivan. Tuckahoe focuses on acquiring businesses it can own and invest in on a permanent basis. Meeco Sullivan, formed as a merger between Sullivan Flotation Systems and Atlantic Meeco three years ago, has been on a mission of growth and expansion. It has made significant investment in production facilities and processes and, as senior vice president and national sales manager Ralph Morley confirms, the effort has paid off. “2016 and 2017 were record years for Meeco Sullivan as we continued to win more than our fair share of new contracts for freshwater/saltwater and covered/uncovered floating systems.” stakeholders. We are looking forward to the upcoming season and growing our business in the Mediterranean.” Porto Cervo Marina is a 700-berth facility that caters for yachts up to 160m (525ft). It is the nineteenth marina in the expanding IGY portfolio. Stuart Farrell, managing partner with Tuckahoe Holdings, commented: “We are very impressed with Meeco Sullivan’s track record, operations and people and we are fully committed to investing and supporting its continued growth and longevity as a leader in the marina industry. At Tuckahoe Holdings we put people first and their enduring success and safety are just as critical as exemplary financial performance. We see a very bright future for Meeco Sullivan.” WORLD NEWS Freedom Boat Club heads for Europe USA: Freedom Boat Club (FBC) has signed an alliance agreement with French boatbuilder Jeanneau to cooperatively develop Freedom Boat Club franchises among its European dealer network. FBC is the largest boat club in North America and has over 150 locations in 29 US states and Canada. “We are very pleased to be working directly with Jeanneau in the launch of our successful boat club franchise throughout Europe,” said FBC president and CEO John Giglio. “Jeanneau and its dealers clearly understand and embrace the benefits of the sharing economy, and the boat club model specifically.” Based on current interest and development activity, Giglio expects to announce that multiple clubs are operational in France this quarter, with additional expansion elsewhere throughout Europe to follow. He believes the new international drive will be good for business but also very good for North America’s 30,000-plus FBC members and those who will join in other countries. “One of the most exciting aspects of this international expansion is our exclusive membership benefit featuring reciprocity,” he added. “Our Freedom Boat Club members around the world will enjoy full access to our fleet of boats wherever clubs exist, and that will now include international ports of call.” “The boat clubs are a real trend that our dealers are keen to develop,” confirms Jean-Paul Chapeleau, Jeanneau CEO. “For Jeanneau dealers, it’s a unique opportunity to benefit from an experienced partner while launching this new service to our customers.” www.marinaworld.com - March/April 2018 9

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