OceanWorld Group and Denison Yachting announce strategic joint venture, expanding global presence

Denison Yachting HQ Office © Denison Yachting

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 growth, invest in people, and build a truly international 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 growing platform across Europe and the Middle East with Denison's established presence and reputation in the United States and international yachting markets. Together, the two companies will focus on further strengthening market presence and investing in the people, expertise and infrastructure required to support the next phase of growth.

A global platform across three continents

The joint venture creates an opportunity to connect complementary strengths across three key yachting regions: the United States, Europe and the Middle East.

Denison brings a powerful and well-established presence in the US market, supported by decades of experience in yacht sales, brokerage, charter, new construction and client services. OceanWorld Group contributes an expanding international platform with a growing network across Europe and the Middle East, alongside its experience in yacht sales, brokerage, charter, management, crewing, manufacturing, service and marine solutions.

The partnership is designed to create greater connectivity between these markets, providing clients, yacht owners, shipyards, brokers and industry partners with access to a broader international network and new opportunities across some of the world's most important yachting destinations.

Investing in people and the future of the brand

At the heart of the joint venture is a commitment to people. Both OceanWorld Group and Denison recognise that the strength of a global yachting business ultimately comes from the expertise, relationships and dedication of its people.

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 an exceptional level of service to clients worldwide.

The joint venture will also support continued investment in the Denison brand by expanding its reach and building on the company's heritage while positioning it for the future of the international yachting industry.

"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 US, 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.

OceanWorld Group's expansion across Europe, the Middle East and the United States provides the foundation for a more connected international offering. The joint venture will seek to leverage this geographic reach across yacht sales, brokerage, charter, management, new construction and related marine services, creating opportunities for teams and clients to move seamlessly between markets.

For OceanWorld, the partnership represents another significant step in its international expansion strategy.