OCEANWORLD GROUP AND DENISON YACHTING ANNOUNCE STRATEGIC JOINT VENTURE, EXPANDING GLOBAL YACHTING PRESENCE
Partnership brings together established strengths across the United States, Europe and the Middle East with a focus on international growth, talent development and enhanced client services.
OceanWorld Group and Denison Yachting are pleased to announce the formation of a strategic joint venture, bringing together two established names in the global yachting industry with a shared vision to accelerate international growth, invest in people and create a truly global yachting platform spanning the United States, Europe and the Middle East.
The partnership marks an important new chapter for both organisations, combining OceanWorld Group’s expanding presence across Europe and the Middle East with Denison Yachting’s long-established position in the United States and international yachting markets.
Together, the companies will focus on strengthening their global market presence while investing in the people, expertise and infrastructure required to support the next phase of sustainable growth.
A global platform across three continents the joint venture brings together complementary strengths across three of the world’s most important yachting regions: the United States, Europe and the Middle East.
Denison Yachting brings a well-established presence in the US market, supported by decades of experience across yacht sales, brokerage, charter, new construction and client services. OceanWorld Group contributes a growing international platform and network across Europe and the Middle East, together with expertise spanning yacht sales, brokerage, charter, management, crewing, manufacturing, service and marine solutions.
By connecting these capabilities, the partnership aims to provide clients, yacht owners, shipyards, brokers and industry partners with access to a broader international network, enhanced expertise and new opportunities across key global yachting destinations.
The joint venture will also enable greater collaboration between teams and markets, creating a more connected international offering capable of supporting clients wherever their yachting interests take them.
Investing in people and the future of the denison brand at the heart of the joint venture is a shared commitment to people. Both OceanWorld Group and Denison recognise that the strength of a global yachting business is built on the expertise, relationships and dedication of its teams.
The partnership will therefore place significant emphasis on developing talent, creating new opportunities for team members and continuing to build an organisation capable of delivering exceptional service to clients worldwide.
The joint venture will also support continued investment in the Denison brand, expanding its international reach while building on the company’s heritage, reputation and established market position.
“We could not be more excited about this partnership. We have developed great respect for OceanWorld over the years and all that they have been able to accomplish in their region,” said Bryan Braley, President of Denison. “With this partnership and OceanWorld’s ambition for long-term growth, Denison’s global reach and footprint within all major yachting markets has become second to none. It is a very exciting day for Denison and our customers as we begin our next chapter of success.”
“Denison is an exceptional brand with a remarkable history, an outstanding team and a very strong position in the US and international yachting markets,” said Lydia Pascarelli, CEO of OceanWorld Group. “This joint venture is about bringing together complementary strengths and creating something with long-term ambition. We see enormous potential in further developing the Denison brand while investing in the people behind it and connecting its capabilities with OceanWorld’s growing platform across Europe and the Middle East.”
Connecting the United States, Europe and the Middle East the partnership comes at a time when the global yachting industry is becoming increasingly interconnected, with clients, yacht owners and industry partners operating across multiple regions and markets.
By bringing together OceanWorld Group’s expanding international network and Denison Yachting’s established global capabilities, the joint venture creates a strong foundation for a more integrated international offering.
The partnership will seek to leverage this geographic reach across yacht sales, brokerage, charter, yacht management, new construction and related marine services, creating greater opportunities for both clients and teams to operate seamlessly between markets.
For OceanWorld Group, the partnership represents another significant milestone in its international expansion strategy, strengthening its position across the United States, Europe and the Middle East.
For Denison Yachting, the joint venture provides an opportunity to build on its established heritage and expertise while accelerating its international development through OceanWorld Group’s growing platform.
Together, OceanWorld Group and Denison Yachting aim to build a stronger, more connected international yachting business one that combines local expertise with global reach while remaining focused on its people, clients and long-term growth.
