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Azimut Benetti now in full control of Fraser

Business
Written by
Charl van Rooy

In a final stage of acquisition progressions, Italian yacht building company Azimut Benetti has increased its shares in Fraser from 83% to 100%, it was announced today. The Azimut Benetti Group has acquired the remaining share capital from V.Ships, a minority shareholder of Fraser for many years,Ulysses Benetti

 "This recent acquisition is part of the strategic plan of our Group o offer the owners not only the most beautiful yachts, but also the utmost service,” commented Group President Paolo Vitelli. In this overall framework, Fraser will be another asset to offer owners all around the world the utmost service for yacht managing, chartering or reselling their yachts.

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