Boats Group to acquire Annonces du Bateau from CarBoat Media.

Boats Group, an operator of online marketplaces for boats and yachts is set to acquire Annonces du Bateau, a boat sales marketplace in France, from CarBoat Media, an operator of car, motorbike, and boat classifieds. Financial terms were not disclosed. "We are very pleased to announce this agreement with Boats Group. We are confident that our customers will experience best-in-class service and benefit from the technology investments and expanded market opportunities that Boats Group offers," Francois Couffy, CarBoat Media CEO.