OneWater Marine says OceanWorld Group to take majority stake in Denison Yachting - ONEW News | RalliesOneWater Marine says OceanWorld Group to take majority stake in Denison Yachting
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ONEW• OceanWorld Group to buy majority stake in Denison Yachting
- OceanWorld Group agreed to buy a majority stake in Denison Yachting, the yacht brokerage unit of OneWater Marine.
- The deal aims to expand Denison’s platform across the US, Europe, and the Middle East using OceanWorld’s resources and reach.
- OneWater will retain an ownership interest as it shifts focus toward core assets under its portfolio optimization strategy.
- The transaction is expected to close before year-end, subject to customary closing conditions and required consents.
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