Yamaha Marine Systems Company Acquires Kracor, Inc. Rotational Molding Assets

Yamaha Motor Corporation, U.S.A. Acquires Bennett Marine, Inc.

July 18, 2017

Manufacturing

Yamaha Motor Corporation, U.S.A. announced the acquisition of Bennett Marine, Inc., a Florida-based manufacturer of hydraulic and electric trim tab systems. Bennett Marine will be integrated into Yamaha's newly created subsidiary, Yamaha Marine Systems Company, Inc., to broaden Yamaha's marine product offerings and improve systems integration for boat builders and dealers.

Yamaha Motor Corporation Acquires Siren Marine

December 15, 2021

Telecommunications

Yamaha Motor Corporation, U.S.A., through its subsidiary Yamaha Marine Systems Company, Inc., acquired Siren Marine, a Newport, Rhode Island–based maker of marine IoT hardware and connected-boat software. The acquisition (terms undisclosed) follows Yamaha's earlier minority investment and is intended to integrate Siren's connected-boat capabilities into Yamaha's product roadmap to deliver more integrated, connected marine products.

Cortec Group Acquires Rotating Machinery Services

June 1, 2019

Industrial Services

Cortec Group, through Cortec Fund VI in partnership with RMS management, acquired Rotating Machinery Services (RMS), a Bethlehem, Pennsylvania-based provider of aftermarket repair, maintenance and overhaul services for large rotating machinery. The seller was Incline Equity Partners, which had been the prior institutional investor since 2015; RMS has ~200 employees, multiple service locations (including Houston), and serves a global customer base across industrial end markets.

Myers Industries Acquires Elkhart Plastics, Inc.

November 10, 2020

Manufacturing

Myers Industries (NYSE: MYE) acquired the assets of Elkhart Plastics, Inc., adding the South Bend-based rotational molder to its Material Handling segment and combining it with Myers' Ameri-Kart business to form the fifth-largest rotational molder in the United States. Elkhart operates six U.S. manufacturing facilities with approximately 460 employees and had roughly $100 million of revenue in 2019; Myers financed the acquisition with cash, expects immediate accretion to earnings, and projects $4–6 million of annual cost synergies.

Arcline Investment Management Acquires Rotating Machinery Services, Inc.

January 9, 2025

Industrial Services

Arcline Investment Management, a growth-oriented private equity firm, has acquired Rotating Machinery Services, Inc. (RMS), an OEM and leading third-party provider of parts, repair, engineering, metrology and maintenance services for turbomachinery. RMS is headquartered in Bethlehem, Pennsylvania, operates nine facilities, and will partner with Arcline and its management team to pursue growth in aftermarket turbomachinery services.

Yamaha Motor Acquires Brose's e-Kit Bicycle Drive Unit Business Subsidiary

March 31, 2025

Manufacturing

Yamaha Motor Co., Ltd. has signed an agreement to acquire Brose's bicycle drive unit (e-Kit) business subsidiary, with completion subject to regulatory clearances and expected by June 2025. Yamaha will operate the acquired business through a newly established German entity, Yamaha Motor eBike Systems (YMESG), to build a European development base, expand market presence and strengthen after-sales service using Brose's network.