RV and leisure marine business Hunyvers has been appointed as the buyer of French boat equipment company AD Marine as part of a receivership procedure.
AD Marine will be integrated into Hunyvers, opening up new sales prospects for the company which has been diversifying into the marine sector for several years.
AD Marine has a turnover of €1 million and a balanced operating profit. The company employs seven people and operates two stores specialising in the sale of chandlery equipment in Piriac-sur-Mer and Arzal.
These two locations are said to offer strong potential for Hunyvers’ planned expansion.
The acquisition of AD Marine follows on from previous recent marine acquisitions for Hunyvers which contributed €4.1 million in the first nine months of the 2024-2025 financial year.
Marine sector
These included Groupe LBC Nautic (as of October 2023), Pneumarine Services (July 2024), and Les chantiers navals du bassin d’Arcachon (December 2024).
It further strengthens Hunyvers position in the marine sector and confirms its aim to be a key player in the arena.
Since its creation in 2006, Hunyvers has grown in the motorhome and touring sector, beginning its diversification into the nautical sector in 2020.
The company now has 15 motorhome dealerships, distributing more than 45 brands, and 12 boat dealerships.
The company’s financial results for the nine months ending May 2025 show a growth of 34.5% in revenue thanks to the acquisitions.
On a like-for-like basis, the company’s sales declined 9.5%, with revenue standing at €86.6 million.
The company’s RV division’s revenue declined by 9.6% to €73.9 million in the period with the Marine division posting sales of €12.7 million.
In the third quarter of 2024-2025, Marine division revenue grew by 50% (+5.2% organically), to €12.7 million, representing more than 20% of the company’s revenue.
