BTW

Ray White Marine in maritime merger

The merger with Ahoy Club allows the company to increase its market share in Australia and New Zealand, adding to the brand’s positioning globally.  

The Announcement:

Ahoy Club, owned by the Malouf family, has taken a significant stake in Ray White Marine, a leading player in the luxury yachting industry headed up by the Rodwell family.

Ray White Marine, a renowned international yacht brokerage and new vessel distributor supported by the White family of the largest property group in Australasia, is recognised for its exceptional sales performance and expertise with leading European luxury yacht dealerships across Australia and New Zealand.

The merger, overseen by Ahoy Club managing director Ian Malouf and CEO Ellie Malouf, allows the company to increase its market share in Australia and New Zealand, adding to the brand’s positioning globally.  

“Combining the strengths of both companies opens new opportunities for collaboration and innovation in this space. We’ve made this decision to strengthen our customer offering and to drive expansion,” Ms Malouf said.

“Strategically for us, having more experts available in key locations is an important part of this merger. Clients will now be able to access us across several offices in Australia and New Zealand  including Double Bay and Elizabeth Bay in Sydney, the Gold Coast, Auckland CBD, The Whitsundays and our the prestige showroom in Melbourne with Zagame  Automotive Group.”

In line with the merger, Brock Rodwell has been appointed as CEO of Ray White Marine after a strong 11-year history of  brand establishment and unparalleled international sales by himself and his father Rick Rodwell. Rick remains with the business in sales to ensure his experience continues with the merged group.

“Ray White Marine is excited to join forces with Ellie and her team at Ahoy Club, in a short period of time they have become a main player in our industry when it comes to charter and professional yacht management, integrating a proven sales team was the next natural step. The merger will complement each business in many ways others won’t be able to match ,” Mr Rodwell said.

The Rodwells and their team are well regarded experts as luxury yacht specialists through their exclusive Australia and New Zealand distributorship rights of Ferretti Group which includes the iconic Riva Yachts brand, innovative Sunreef Yachts luxury catamarans and Technohull high performance offshore tenders.

Ray White Marine will continue to carry all the new vessel brands and brokerage divisions. Ahoy Club, who recently celebrated their fifth birthday, will focus on their expertise in yacht charters, management and larger scale superyacht sales. 

As Ahoy Club continues its journey to grow the yacht brokerage division globally, Brock Rodwell will also lead the global brand as Head of Yacht Sales for Ahoy Club, Asia-Pacific. 

The integration of the two private businesses is effective immediately. 

Show More

News Room

If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: newsroom@eliteagent.com