Netherlands

Zaadnoordijk Yachtbuilders

Dutch investment company Parcom has announced that it’s investing in <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a>, and now owns a minority interest in the Netherlands-based yacht building firm. <img src="https://photo-assets.superyachttimes.com/photo/233566/image/large-f9cb842c85f64c2f0fa34f8760b59981.png" data-gid="gid://syiq/Photo/233566">Commenting on the news, <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> stated that it has “found a partner in Parcom to ‘support further growth’ as it aims to double turnover to €200,000,000 within a few years.&nbsp;The Wajer family will stay at the helm of the company and will remain the major shareholders. “Parcom is the fifth person around the table,” Dries Wajer commented. “The investor is a good sparring partner and has an affinity with the yacht sector. We can benefit from that.” <img src="https://photo-assets.superyachttimes.com/photo/197788/image/large-9be630cca7c2def67a8ccef6d09d8dae.jpeg" data-gid="gid://syiq/Photo/197788">This is not the first foray into yachting for Parcom as it has already invested in <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman Shipyard BV (Company)">Royal Huisman</a>, a leading builder of aluminium sailing yachts. It has been said that Parcom typically invests in companies with an annual turnover between €50,000,000 and €100,000,000 and an operating result of €10,000,000 to €50,000,000. <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> is situated at the higher end of these figures, as it has a turnover of approximately €100,000,000 and employs more than 250 people.&nbsp;The newly forged partnership between Parcom and <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> gives the yacht builder an opportunity to further its commitment to sustainability, while simultaneously accelerating its international expansion plans.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/197786/image/large-6eb1339e10d3f23fcdbae8587bb5b49b.jpeg" data-gid="gid://syiq/Photo/197786">Read:&nbsp;<a data-gid="gid://syiq/Article/54398" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard sold to Chinese investors to finance growth in the European and Asian markets (2022-01-10 15:30:00 +0100)">Balk Shipyard sold to Chinese investors to finance growth</a><a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> has only recently announced (June) its acquisition of <a data-gid="gid://syiq/Company/6784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaadnoordijk Yachtbuilders (Company)">Zaadnoordijk Yachtbuilders</a> from Heerenveen. The yacht builder now has a production facility that spans 5,000 square-metres and three shipyards, located in Heeg, Lemmer and Heerenveen – all in the Netherlands. <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> also has a maintenance yard in the south of France and a recently opened harbour in Miami, the United States, dubbed the <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> Marina Bay. It also operates numerous international service hubs.&nbsp;

Parcom stakes minority investment in Wajer Yachts  

Dutch investing company Parcom has announced that it’s investing in Wajer Yachts,

Parcom invests in Wajer Yachts as yacht builder aims to double turnover to €200m

SuperYacht Times Synopsis July

The SuperYacht Times Synopsis, as brought to you by SYT iQ, gives you the rundown of the top business stories and market reports from last month.

SYT Synopsis: Top yacht news from  July

The Dutch yacht building company <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> has announced their takeover of <a data-gid="gid://syiq/Company/6784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaadnoordijk Yachtbuilders (Company)">Zaadnoordijk Yachtbuilders</a>. The two companies have previously worked together, with <a data-gid="gid://syiq/Company/6784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaadnoordijk Yachtbuilders (Company)">Zaadnoordijk Yachtbuilders</a> supporting <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> in various areas, with hull construction, and the launch of the <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> 37, 38, 38S and 55. This strategic acquisition will give both Dutch companies the opportunity to guarantee continuity.<img src="https://photo-assets.superyachttimes.com/photo/233566/image/large-f9cb842c85f64c2f0fa34f8760b59981.png" data-gid="gid://syiq/Photo/233566">Jan Muller, owner and director of <a data-gid="gid://syiq/Company/6784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaadnoordijk Yachtbuilders (Company)">Zaadnoordijk Yachtbuilders</a> said: “Twenty years ago I started working with Dorus Wajer. It is great that both companies have undergone a wonderful development and are now continuing under one flag.”<a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> has recently experienced strong growth, with the <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> 77 being produced at the yard in Lemmer and the 55 line being built at the yard in Heeg. <a data-gid="gid://syiq/Company/6784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaadnoordijk Yachtbuilders (Company)">Zaadnoordijk Yachtbuilders</a> brings over 70 years of yacht building experience to the table, and will see the <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> 38 series production continuing at Zaadnoordijk in Heerenveen.<img src="https://photo-assets.superyachttimes.com/photo/197788/image/large-9be630cca7c2def67a8ccef6d09d8dae.jpeg" data-gid="gid://syiq/Photo/197788">Dries Wajer, director of <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> added: “Jan Muller and his team have always been a great partner to us. The history we share creates a lot of trust, we are happy that we can join forces and continue in this way.”

Dutch yacht builder Wajer Yachts takes over Zaadnoordijk Yachtbuilders

The Dutch yacht building company Wajer Yachts has announced their takeover of Zaadnoordijk Yachtbuilders.