China’s expanding influence in the global maritime industry

In recent years, several major companies in the marine sector have been acquired by Chinese entities, reflecting China’s expanding influence in the global maritime industry.

Several prominent yacht builders have been acquired by Chinese companies in recent years. Here are a few notable examples:

Ferretti Group (Italy)

Acquired by Weichai Group in 2012. Ferretti Group includes brands like Ferretti Yachts, Pershing, Riva, and CRN.
 
Sunseeker International (UK)

Acquired by Dalian Wanda Group in 2013. Sunseeker is well-known for its luxury motor yachts.
 
Dominator Yachts (Italy)

Acquired by China Haidian Group (now Citychamp Watch & Jewellery Group) in 2014.
 
These acquisitions reflect the growing interest and investment from Chinese companies in the luxury yacht market, aiming to capitalize on the increasing demand for high-end yachts both in China and globally.