All articles by Subscriber-only – Page 264
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Too many boatbuilders, supply chain improvements needed – industry challenges highlighted at summit
Sanlorenzo chairman Massimo Perotti said the company’s recent IPO was a worthwhile experience In the session entitled ‘Shipbuilding and yachting and what lies ahead’ at today’s Sea Tourism Summit as part of Boot Düsseldorf, a series of key recommendations were put forward by the panel to address ...
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D-Marin to be acquired by private equity fund
A multimillion-euro deal of undisclosed value has been made by the Luxembourg-headquartered private equity business CVC Partners to buy the D-Marin arm of the Turkish Dogus Group. D-Marin, which is registered in the Netherlands, operates 15 marinas in five Mediterranean and Middle East countries. This transaction will be finalised upon ...
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Royal Falcon Fleet plans major expansion of yachting interests
Royal Falcon One’s hull was built at a Vietnamese shipyard Having taken a decade to bring its first superyacht, the Royal Falcon One, to completion, Royal Falcon Fleet has major plans to expand its yachting activities in the future. These plans include more of the 41m Royal ...
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Danish builder to launch new models amid expansion drive
X-Yachts eyes higher production, new models to be added to its range
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Azimut achieves good sales growth in Brazil and expands sales facilities
New sales centre opened as Italian yard eyes more double-digit growth in the region
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New interim CEO and other key personnel changes at Gulf Craft
Comprehensive management re-structure with new COO and CCO also named as UAE builder as it looks to expand
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Princess Yachts seeks multi-million investment funding from shareholders to maintain expansion
Focus on new product development and facility expansion to meet demand
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Lippert expands its footprint in the window segment & Europe
The US-based equipment manufacturer Lippert Components announced completion yesterday of its acquisition of the Polyplastic Group, a Dutch specialist in acrylic window and door products
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Discovery Yachts latest; creditors meeting held today
The UK’s Discovery Yachts Group (DYG) has been rescued from administration in a pre-pack deal which involved the establishment of a new UK holding company formed by the largest DYG shareholder, Binti Investment GmbH. The deal, for which no value has been given, means that all yachts currently in build ...
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Fountaine Pajot eyes investments in capacities amid higher sales
Boatbuilder’s higher revenues to stimulate investments
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2019 has been a crucial year for Fairline Yachts
The company has hopes of profitability after heavy losses during its first 3 years of operation. Fairline’s just-filed accounts for 2018 show a loss of £14.8m
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New X-Yachts owner increases shareholding
After acquiring a 51% stake in X-Yachts through his holding company Consolidated Holding A/S, entrepreneur and businessman Ib Kunøe has bought the remaining shares in the Danish sailing yacht producer.
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Sanlorenzo IPO to proceed at £16 per share
Italian yachtbuilder Sanlorenzo confirms the success of its public offer for up to 35% of the company’s share capital
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Sanlorenzo IPO update
Italian yachtbuilder Sanlorenzo on track for public share listing on 10 December