Two yacht-maker acquisitions in a day have powered takeover volumes in the sector to more than €4bn ($5.8bn) in the last two years as the niche asset class remains attractive despite the economic downturn.

Yesterday, Dutch private equity outfit Egeria sold yachting company Royal van Lent for €300m ($432.4m), while French yacht broker BRS Yachting bought Monaco-based rival Yachting Partners International for an undisclosed sum.