British yacht builder <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> has been acquired by Bronzewood Capital, following its efforts to <a data-gid="gid://syiq/Article/62603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts administrators secure funding and look for new buyer (2025-02-11 09:45:00 +0100)">find a new buyer in February 2025</a>. <img src="https://photo-assets.superyachttimes.com/photo/340218/image/large-3f75700eebc1f3959c5bcc14c5dc8614.jpg" data-gid="gid://syiq/Photo/340218">The Northamptonshire-based shipyard, which employs approximately 250 staff, announced that it had entered administration in January 2025, just two months after its <a data-gid="gid://syiq/Article/62169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts acquired by Arrowbolt Propulsion Systems (2024-12-06 11:00:00 +0100)">acquisition by Arrowbolt Propulsion Systems Limited</a>.The brand assets and operations of <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> have been acquired by entrepreneur Paul Taylor, in a deal executed through a newly established entity, Fairline Holdco Ltd and completed via Alvarez &amp; Marsal for an undisclosed sum.Read:&nbsp;<a data-gid="gid://syiq/Article/62603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts administrators secure funding and look for new buyer (2025-02-11 09:45:00 +0100)">Fairline Yachts administrators secure funding and look for new buyer</a><img src="https://photo-assets.superyachttimes.com/photo/348097/image/large-ac5f923827d083b79885761002cca94b.jpg" data-gid="gid://syiq/Photo/348097">Paul Taylor, previously linked to Reading Football Club and founder of The Danebury Group, is now reportedly the sole shareholder of Fairline Holdco Ltd, as confirmed by Companies House filings. The acquisition was supported by advisory firms The Danebury Group and Bronzewood Ltd, the latter being part of David Buchler’s corporate recovery and private equity group, Buchler Phillips.While full details of the transaction have not yet been formally announced by the parties involved, multiple sources have reported that the deal includes the transfer of <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a>’ brand, tooling and trading operations. However, the transaction excludes the Oundle shipyard property and prior liabilities, with the shipyard itself remaining under lease.<img src="https://photo-assets.superyachttimes.com/photo/115479/image/large-3bdb0313f86238a041e79d823b27be99.jpg" data-gid="gid://syiq/Photo/115479">Approximately 250 jobs at the Oundle facility have been secured as part of the transition, providing continuity for <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a>’s production and operations teams. The company will continue to build and deliver its range of motor yachts from the UK under its new ownership structure.Joining Taylor in the restructured company is Robin Southwell, a well-known figure in the aerospace and defence sectors, and a current advisor to Bronzewood Ltd. His involvement is expected to bring added strategic insight as <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a> moves forward.This is the second major development for Fairline Yachts in under six months. The company previously entered administration in January 2025, shortly after its acquisition by Arrowbolt Propulsion Systems. At the time, administrators cited significant liabilities, including debts to HMRC and DF Capital Bank.Read:&nbsp;<a data-gid="gid://syiq/Article/62503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts enters administration just weeks after acquisition (2025-01-28 11:00:00 +0100)">Fairline Yachts enters administration just weeks after acquisition</a><img src="https://photo-assets.superyachttimes.com/photo/171860/image/large-44edf97e2e8fac4c669b90abe2e88ce8.jpg" data-gid="gid://syiq/Photo/171860">The new owners are expected to focus on stabilising the business before pursuing long-term growth. A six-month review is reportedly underway to assess operations, strengthen the brand’s position in the luxury yacht market and ensure sustainable expansion under British ownership.<a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a>, established in 1963 by Jack Newington, has long been a symbol of British yacht-building excellence. The company originated from Newington’s transformation of disused gravel pits by the River Nene into Oundle Marina, which remains its headquarters. The company focuses on a range of yachts measuring between 10 and 20 metres.

Fairline Yachts acquired by Bronzewood Capital

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Fairline Squadron 78 yacht at Fort Lauderdale International Boat Show 2019

Fairline Yachts 2024 fleet cruising

Fairline Yachts Squadron 58 yacht cruising

British yacht builder Fairline Yachts has been acquired by Bronzewood Capital, following its efforts to find a new buyer in February 2025. 

Spainish shipyard <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> could soon change ownership after <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> requested authorisation to transfer its shares to a newly established company linked to a US industrial group, according to reports in the Spanish media.<img src="https://photo-assets.superyachttimes.com/photo/400880/image/large-dfc93c451caf676a96be1d4ae8baf3ab.png" data-gid="gid://syiq/Photo/400880">The proposed transaction is currently under review by the Port Authority of Vigo, which owns the land where the shipyard operates. The authority is expected to consider the request as part of its board meeting.According to Spanish newspaper Faro de Vigo, the likely buyer is Oyster Ocean LLC, a Delaware-registered company established in January 2026 and reportedly part of a larger US industrial conglomerate. The transaction would reportedly be completed through the recently incorporated Spanish company Océano de Ostras SL, although the sale has not yet been finalised.<a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> currently holds five port concessions in Vigo covering more than 33,000 square-metres of land, in addition to a floating dock occupying a further 5,730 square-metres. Earlier this year, the majority of these concessions were renewed until 2042.The potential sale follows years of speculation surrounding the future ownership of the shipyard. In 2008, Metalships attracted interest from a Miami-based investment group led by Galician businessman Mario Pérez Rivera in a deal reportedly valued at €60 million. In 2015, China Sonangol International subsidiary CS Europe Investment acquired a stake in the company before ownership returned to Galician hands two years later.<img src="https://photo-assets.superyachttimes.com/photo/400879/image/large-3a4d237c29da2ec97f5badbfe4a2fa88.jpg" data-gid="gid://syiq/Photo/400879"><a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> has remained one of Spain's leading shipyards for refit and repair work, with assets such as a 162-metre floating dock, which is one of the largest operated by a privately owned shipyard in Galicia.The yard has also delivered several high-profile projects across multiple sectors, including the 138-metre sailing cruise vessel Sea Cloud Spirit, the Regina C fishing vessel and the offshore support vessel North Sea Giant.&nbsp;In the superyacht sector, <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships</a> has established a strong reputation for undertaking complex refit and maintenance projects on large yachts visiting the Mediterranean and Atlantic regions. In 2016, they launched the 59-metre superyacht <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a>, which at the time was the largest ever to have been designed and built in Spain.&nbsp;If the transaction proceeds, <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> will continue its shipbuilding activities through Rodman Polyships, its composites division.&nbsp;In regards to yachts, they launched the 32-metre yacht <a data-gid="gid://syiq/Yacht/5506" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nirvana32.0m (104'12&quot;)Rodman2005">Nirvana</a> in 2005, which was <a data-gid="gid://syiq/Article/62821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Three yachts destroyed in fire on Miami River (2025-03-10 10:30:00 +0100)">destroyed in a fire in 2025</a> on the Miami River, and the 24-metre <a data-gid="gid://syiq/Yacht/14144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mr Corn24.0m (78'9&quot;)Rodman2010">Mr Corn</a> in 2010.&nbsp;The company is currently working on the largest contract in its history, building 19 patrol vessels between 11 and 35 metres for the Ministry of National Defence of the Democratic Republic of the Congo in a contract valued at more than €50 million.Both <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> and <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> have not publicly commented on the reported sale. The outcome now depends on approval from the Port Authority of Vigo before any transfer of ownership can be completed.

Metalships & Docks to be acquired by US buyer

Metalships & Docks could soon change ownership after Grupo Rodman requested authorisation to transfer its shares to a US industrial group.

US buyer set to acquire Spanish shipyard Metalships & Docks

Norwegian maritime technology company <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> has announced an agreement to acquire the Swedish company <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> AB.<img src="https://photo-assets.superyachttimes.com/photo/400397/image/large-a892bdf50408f966fb7e7ca3fd29bc7f.jpg" data-gid="gid://syiq/Photo/400397"><a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a leading designer and manufacturer of integrated propulsion and electrical systems for the maritime market and has demonstrated strong growth and a profitable market position in recent years.“This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments,” explained Lisa Edvardsen Haugan, CEO of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>.The financial details of the transaction are currently undisclosed, but the acquisition is priced at approximately the same EV/EBITDA level as the current pricing of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> ASA.“<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> complements our portfolio in a highly attractive way and together we will deliver greater value through a wider offering, stronger lifecycle support and shared expertise,” added Haugan.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> will operate as a separate brand and standalone business unit within <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>’s Propulsion &amp; Handling division, allowing <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg</a>’s customer focus and culture to be maintained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400398/image/large-ae759ecd6b2a91de8c3c0a944c475fb2.jpg" data-gid="gid://syiq/Photo/400398">“Joining forces with <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> is an exciting opportunity for <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>. Our businesses complement each other well, and together we can create new opportunities for our customers and employees,” commented Philip Chaabane, CEO of <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>.According to <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>, the acquisition will allow them to benefit from <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.“The transaction will unlock significant potential in the aftermarket,” explained Per Håvard Siljan Hjukse, EVP Propulsion &amp;. Handling at <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>. “We also see cross selling opportunities, such as our Energy &amp; Control products into <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s core segments, and Berg’s propeller systems into naval where KM has strong positions.”The combined propulsion portfolio will cover a full spectrum of technologies, including controllable pitch propellers and thrusters, hybrid and electrical propulsion systems and integrated vessel control solutions.In January 2026, <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> announced that the company was formally on track to become an independent company after shareholders of Kongsberg Gruppen approved the separation at a general meeting held on Thursday 22 January 2026.Read more: <a data-gid="gid://syiq/Article/65227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime to become stand-alone company (2026-01-23 12:15:00 +0100)">Kongsberg Maritime to become stand-alone company</a><img src="https://photo-assets.superyachttimes.com/photo/400399/image/large-55d4fc3d28111400f5505de36c37d8d0.png" data-gid="gid://syiq/Photo/400399"><a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> operates across multiple maritime segments, supplying systems and solutions for offshore vessels, cruise ships, fishing vessels and naval platforms. The company is also a well-established supplier within the yacht and superyacht sector, where its integrated bridge systems, propulsion solutions and automation technologies are widely used.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a Swedish company that designs and manufactures controllable-pitch propellers for the marine industry. The company produces customised main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems for various vessels including cargos, tugs and superyachts.&nbsp;

Kongsberg Maritime acquires Berg Propulsion

Norwegian maritime technology company Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion AB.

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has announced the acquisition of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a>, further expanding the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco Group</a>'s capabilities across the design and construction of custom yachts.<img src="https://photo-assets.superyachttimes.com/photo/367145/image/large-c0719da09522b0d017fe2fd0a04968e9.png" data-gid="gid://syiq/Photo/367145" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Founded in 1956 and headquartered in Assen, the Netherlands, <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> is a manufacturer of custom-made and standardised marine solutions for the superyacht, commercial shipping and offshore sectors.&nbsp;Employing around 150 people in facilities in the Netherlands and Vietnam, the company specialises in products including tank vent check valves, manually operated doors and hatches, watertight sliding doors, hull doors and exclusive yacht equipment. According to <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, the acquisition expands the Group's technical capabilities and strengthens collaboration alongside its existing companies, <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a>, <a data-gid="gid://syiq/Company/5546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aluship (Company)">Aluship</a>, <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral</a> and <a data-gid="gid://syiq/Company/8351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mercury Yacht Construction (Company)">Mercury</a>. <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> will continue operating with its existing team and strategic direction while serving current and new clients.<img src="https://photo-assets.superyachttimes.com/photo/392202/image/large-6ad65147c55f711bd849cd4f59de3b88.jpg" data-gid="gid://syiq/Photo/392202">The relationship between <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> dates back to the late 1990s, when the companies first collaborated on lifting equipment for the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/8" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Mirqab133.0m (436'4&quot;)Peters Werft GmbH2008">Al Mirqab</a>. More recently, <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> developed the adjustable hinge on the hull doors of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> that remain horizontal to the deck to account for varying sea conditions.Read:&nbsp;<a data-gid="gid://syiq/Article/65976" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of 111m Oceanco yacht Leviathan unveiled (2026-04-30 08:45:00 +0200)">Interiors of 111m Oceanco yacht Leviathan unveiled</a>Commenting on the acquisition, CEO of <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, Marcel Onkenhout, said: "Together with Gabe Newell, we are building the yachts of the future. With the addition of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> to the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco Group</a>, we can continue working on new innovations in the field of one of the most complex components of an <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht."CEO of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a>, Ake van der Vinne, added : "Our doors and hatches are known for their reliability under the harshest conditions, and the same applies to our relationship with <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. Together with the other partners within the Group, we will develop groundbreaking solutions for the maritime industry."

Oceanco acquires Dutch marine specialist Winel

Oceanco has acquired Dutch marine specialist Winel,  aiding the Group's growing portfolio of maritime companies.




<a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> has announced a strategic partnership with Italian shipyard <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a> to develop the first range of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Yachts</a>. The first model from the partnership is scheduled to make its world debut at the upcoming 2026 <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, with a second premiere already planned for the 2027 edition.<img src="https://photo-assets.superyachttimes.com/photo/399407/image/large-769cb7a03cf589f2f9457025b6024c6d.png" data-gid="gid://syiq/Photo/399407">The collaboration will combine <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' design philosophy with <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>' expertise in yacht construction. Furthermore, the partnership expands <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a>'s portfolio, adding a luxury yacht range alongside the brand's existing collaborations with <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>. Meanwhile, for <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, the agreement brings together the Italian builder's expertise in performance-focused yacht engineering with <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' signature "One-Second-Wow" design approach."We continue the journey of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a> alongside our partners <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, this collaboration opens up a completely new dimension for us –– bringing together our design, our love for bold design, individuality and detail with the incredible expertise of <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>," said CEO and owner of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>, Constantin Buschmann.<a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, which joined <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a> following its creation in 2025, specialises in motor yachts ranging from the entry level AB 80 to the AB 130. The shipyard is recognised for its aerospace-derived construction techniques, waterjet propulsion systems and advanced trim control technology, enabling top speeds of up to 60 knots.Deputy Chairman of <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a>, Giorgio Mattei, concluded: "From our very first meeting, we recognized in <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> the same relentless passion for innovation, performance and bold design that defines <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>. Together, we are creating something truly distinctive: an innovative co-designed product that we believe will leave a lasting mark on the yachting industry."

Brabus and AB Yachts announce strategic partnership to create Brabus Yachts

Brabus and AB Yachts announced strategic partnership to create first range of Brabus Yachts.

<a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> has entered into an agreement to sell <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC Capital Partners</a> VII’s stake in <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, an international marina operator, to <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia Capital Partners</a>, a European private equity firm focused on infrastructure investment. According to the Financial Times, the deal is expected to exceed €1 billion.&nbsp;<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> operates 28 marinas across nine countries, with more than 14,300 berths, including over 1,000 dedicated superyacht berths. The company also manages 12 professional boatyards, which service more than 2,500 yachts each year, and serves more than 50,000 customers annually.<img src="https://photo-assets.superyachttimes.com/photo/110558/image/large-403fc9f2dcd20d41f4c8e5db4c36cdb1.jpg" data-gid="gid://syiq/Photo/110558"><a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> acquired <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>’s international assets from Turkish conglomerate Doğuş Group in 2020, taking ownership of the company’s Greek, Croatian and UAE operations. The Turkish assets remained under Doğuş Group ownership, although they continued to be managed by <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>.Under <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a>’s ownership, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> expanded beyond its traditional markets of Turkey, Croatia, Greece and the UAE into Spain, Italy, France, Malta and Albania.&nbsp;István Szőke , Managing partner at <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> said the investment had supported <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>’s development from “a hidden gem” into what he described as a market leader in premium marinas across Europe and the wider EMEA region. He added: “We expanded significantly across the Mediterranean, built the sector's most digitally advanced platform, and created a business with unmatched scale, customer experience and operational excellence.”Oliver Dörschuck, CEO of <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, said: "<a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a> has consistently demonstrated clear alignment with <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>'s customer-first philosophy and our purpose of enriching the yachting experience, and we are well positioned together to accelerate the next phase of our growth. Our partnership with <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> has been instrumental in shaping <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> into the business it is today and the strong foundation they helped build is what powers our next chapter."<img src="https://photo-assets.superyachttimes.com/photo/110555/image/large-716cf2cb0ea6417dc00080d9b9bc1783.jpg" data-gid="gid://syiq/Photo/110555">Vincent Levita, CEO of <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a>, said: “We are delighted to support <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> in this new chapter alongside its management team. The company has become a leading premium marina platform across the Mediterranean, with a strong brand, high-quality assets and a customer-first culture. This transaction is a strong fit with InfraVia’s infrastructure investment thesis and is fully aligned with InfraVia’s ambition to partner with outstanding management teams and back resilient European platforms where long-term capital can support continued growth, transformation and institutionalisation.”<img src="https://photo-assets.superyachttimes.com/photo/110552/image/large-883c6b37658ea2e5b3e65c3a13d42b87.jpg" data-gid="gid://syiq/Photo/110552"><a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> was advised by Goldman Sachs as exclusive financial adviser and Clifford Chance as legal adviser. <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a> was advised by Morgan Stanley as exclusive financial adviser and White &amp; Case as legal adviser.

CVC to sell D-Marin to InfraVia Capital Partners

CVC has entered into an agreement to sell CVC Capital Partners VII’s stake in D-Marin to InfraVia Capital Partners.

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CVC to sell D-Marin to InfraVia Capital Partners for over €1 billion

<a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> has acquired a strategic equity stake in South of France-based yachting brokerage and management company <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>.The move aligns with <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a>'s continued development in providing services across private aviation, yachting, lifestyle and bespoke client support for an international clientele. Both companies have noted that this milestone builds on several years of close collaboration, founded on shared standards, mutual trust and a common understanding of client expectations.<img src="https://photo-assets.superyachttimes.com/photo/398542/image/large-fc3a3e0aa8d40c25fa60709314b387c2.png" data-gid="gid://syiq/Photo/398542">Founded in 2009, <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> specialises in yacht sales and purchase, charter, yacht management and consultancy services. Headquartered in Nice, the company also operates through a network of international offices across Europe and Asia. Under the new structure, the company will continue to operate under its established identity, with founder Nicolas Valin remaining as CEO.According to <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a>, the move reflects the growing demand from private clients, yacht owners and family offices seeking a single trusted partner capable of supporting their aviation, yachting, lifestyle, travel and property requirements through an integrated service offering.Clients of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> will continue to benefit from their existing relationships while gaining access to Sparfell Group's wider international ecosystem and complementary services.Commenting on the announcement, <a data-gid="gid://syiq/Person/623" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nicolas Valin, France (Person)">Nicolas Valin</a>, Founder and CEO of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>, said: "This was a natural evolution for <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>. <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> and <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> have worked closely together for several years, and we share the same values."He continued: "Joining the <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> allows us to grow internationally while preserving the identity and service culture that define <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>."Moreover, Clément Lacoste, Managing Director of <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> Lifestyle added: "Many of our clients already trust Sparfell to support them across different aspects of their lives and assets, and yachting was a natural extension of that relationship. <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> was already a trusted partner, including for shared clients, so strengthening our collaboration was a logical next step."

 Neo Yachting joins Sparfell Group

 Neo Yachting has joined Sparfell Group following the aviation group taking an equity stake in the yachting brokerage. 


Sparfell Group acquires strategic equity stake in Neo Yachting

<a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a> has acquired a majority stake in <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>, one of the Mediterranean's leading superyacht marinas, marking a new phase of growth for the Barcelona-based facility.Headquartered in Monaco with a presence in Madrid and Luxembourg, the alternative investment firm is executing a long-term strategy to build and consolidate a network of premium marinas, with the Mediterranean as its primary market. <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>’s strategy aims to elevate operational excellence and quality of service in the industry. <img src="https://photo-assets.superyachttimes.com/photo/398467/image/large-1c6311f5f283007030dbde43a2c73cb9.jpg" data-gid="gid://syiq/Photo/398467" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">With continuity remaining a priority, the existing <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a> management team, led by General Manager Ignacio Erroz, will remain in place to oversee the marina's continued development.The acquisition follows <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>'s transformation since 2021, during which the marina has invested more than €20 million to expand its capacity for large vessels while strengthening its international standing and raising its quality, operational efficiency and sustainability standards.Situated in the heart of Barcelona, <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a> features 73 berths, including a 400-metre quay, one of the longest in the Mediterranean, alongside the capability to accommodate superyachts of up to 190 metres in length. With this, the marina has established itself as a key destination for some of the world's largest yachts.Commenting on the acquisition, Ignacio Erroz, General Manager of <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>, said: "The involvement of <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a> is a recognition of the work carried out by the whole team over recent years and gives us the means to continue growing, whilst maintaining the excellence that defines us."He added: "We are embarking on this new phase with the ambition of consolidating Barcelona's position as one of the world's leading centres for the sector."For <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>, the acquisition represents another step in its strategy of investing in premium marinas located in world-class nautical destinations, with a focus on long-term growth across the Mediterranean."It is rare to have the opportunity to invest in a truly irreplaceable asset: a unique location in the heart of Barcelona, an internationally renowned brand and an extraordinary team," said Marcos Pellejero Ibáñez, Managing Partner of <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>.

Mirazur Capital acquires majority stake in Marina Port Vell

Mirazur Capital  is now majority shareholder in Marina Port Vell, with the goal to expand network of premium marinas across the Mediterranean.


Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has denied rumours that they had a possible interest in acquiring <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a>.<img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">According to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, press articles had reported that they were in negotiations with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to acquire the entire share capital or the main assets. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> clarified that at present no negotiations to that effect are underway with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> or its shareholders.“At the same time, as a leading player in the Italian yachting industry and in line with its external growth strategy, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> continuously evaluates and assesses potential opportunities that may arise in the market,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> closed their statement by confirming that if they were to proceed with any transactions, it would inform the market in compliance with terms and conditions required by law.In February 2026, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that Chairman Filippo Menchelli and Vice Chairman Marco Carniani had resigned, with Giovanni Costantino elected as Chairman of the Board of Directors.The following week, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> launched a forensic investigation into internal overspending and financial irregularities. KPMG was appointed to conduct an independent forensic due diligence review, as a result of the actions made possible by a group of individuals within <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.&nbsp;Since then, the Court of Florence has granted protective measures restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction. Last week, these measures were partially lifted for five shipowners.Read more: <a data-gid="gid://syiq/Article/66308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florence court lifts protective measures for five The Italian Sea Group yacht contracts (2026-06-11 10:00:00 +0200)">Florence court lifts protective measures for five The Italian Sea Group yacht contracts</a>The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is not the only company that has denied acquisition rumours for TISG. In March 2026, German yacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> told SuperYacht Times that <a data-gid="gid://syiq/Article/65574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen not considering acquiring The Italian Sea Group (2026-03-09 14:00:00 +0100)">the company had not considered acquiring TISG</a>.&nbsp;

Ferretti Group denies The Italian Sea Group acquisition rumours

Italian yacht builder Ferretti Group has denied rumours that they had a possible interest in acquiring The Italian Sea Group (TISG).

Norwegian yacht brokerage firm <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts AS</a> has announced that it will take over the operations of the <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent BV</a> yacht &amp; ship brokerage. The transition is set to take effect on 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396785/image/large-11656c5f35c638490d570c2a8263141e.jpg" data-gid="gid://syiq/Photo/396785">The move follows the decision of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> founder and Chief Executive Officer Marcel Borgmann to step back from the yachting industry after more than 35 years. Established in 2010, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> has grown into an internationally recognised brokerage network. The company provides sales, charter and advisory services to yacht owners and buyers through a network of brokers across multiple countries.Under the new arrangement, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent's</a> activities will continue under the ownership and management of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, led by Managing Director Rune Riktor. The company stated that the transition is intended to ensure continuity for clients and partners while preserving the values and reputation established by <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> over the past 16 years.“Marcel has created something truly remarkable," said Rune. "<a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> earned its reputation through hard work, expertise, and an unwavering focus on clients. We are honoured by the trust Marcel has placed in us and are committed to carrying forward the values, relationships, and high standards that have defined <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for so many years.”Rune is no stranger to the brokerage house, having worked with <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for several years as both an agent and partner. According to <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, this longstanding relationship will help maintain the level of service and international reach that clients have come to expect.“I am immensely proud of what we have achieved through <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>. It has been an incredible journey, made possible by our clients, partners, and colleagues around the world,” concluded Marcel. “I have every confidence that Rune and the team at <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a> will continue this journey with the same passion and dedication that have always been at the heart of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>.”Photo courtesy of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>.

Skippern Yachts takes over Sea Independent brokerage

Norwegian yacht brokerage firm Skippern Yachts AS has announced that it will take over the operations of the Sea Independent BV.

Skippern Yachts acquires Sea Independent brokerage operations

<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a> (IMM) has announced the acquisition of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">Atlantic Refit Center</a> (ARC) in La Rochelle, France. The shipyard is dedicated to the refit and repair of superyachts up to 150 metres in length.<img src="https://photo-assets.superyachttimes.com/photo/395123/image/large-b4dd49b5ee58da2c0bddbdcd499e313b.png" data-gid="gid://syiq/Photo/395123">With 130 in-house employees, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> operates across key Caribbean hubs including Puerto Rico, St Maarten, Guadeloupe and Grenada. The acquisition marks the company’s expansion into Europe, combining <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> refit expertise with <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> established facility and infrastructure.“Returning to Europe is a defining step for <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>,” said <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> CEO Norina Edelman. “Marrying the strength of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> existing infrastructure with <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM's</a> spirit and values will create a unique client experience in terms of flexibility, quality and transparency. We are excited to operate a European shipyard that will allow us to give every client a bespoke experience.”<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> brings more than 20 years of experience, including projects such as the conversion of the 71.4-metre <a data-gid="gid://syiq/Yacht/4954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enigma XK71.4m (234'3&quot;)Richards Shipbuilders1988">Enigma XK</a>. Its location in La Rochelle is considered highly strategic, offering direct 24/7 access via the only deep-sea port on the French Atlantic coast.The facility provides extensive infrastructure for large-scale refit and conversion projects, including an 11-metre draft capability and a fully secured ISPS-compliant area. It features two dry docks (176-metres and-107 metres), a 250-tonne travel lift, cranes of up to 150 tonnes, 300-metres of afloat repair quays, and 2,000-square-metres of hard-standing space.<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Founder and COO Fabrice Maitre has more than 40 years of experience in yacht refit and repair, with projects including <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a>, <a data-gid="gid://syiq/Yacht/442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skat70.7m (231'11&quot;)Lürssen Yachts2002">Skat</a>, and <a data-gid="gid://syiq/Yacht/208" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kogo71.71m (235'3&quot;)Alstom (Aker Yards)2006">Kogo</a>. In 2007, he oversaw the extensive refit of Tatoosh in La Rochelle. This project was regarded as a milestone for the town’s emergence within the superyacht refit industry, according to <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>.<img src="https://photo-assets.superyachttimes.com/photo/395122/image/large-ae50f768748608ce23d4bd3776773ae6.png" data-gid="gid://syiq/Photo/395122">“In many ways, this expansion is a full-circle moment,” explained Fabrice Maitre. “France is where my career began, and the Tatoosh refit in La Rochelle was a significant step in both my career and superyacht refit generally. Establishing <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> presence here, with such a capable facility, allows us to bring our experience, standards, and approach back to a market we know deeply.”<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> positions itself as offering a boutique experience for every vessel. The company states that its team will oversee shipyard operations to ensure projects are delivered on schedule and to the highest standards of quality. Each client will benefit from robust planning, transparent workflows, and stringent quality control systems.“At <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a>, the entire shipyard is prepared and optimized for each client and refit project. Having a rich network of local contractors, as well as easy connectivity to Central Europe makes <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> particularly attractive, especially for yachts over 5,000 tonnes, for whom haul-out options on the market are very limited, especially in shipyards specializing in superyacht refit,” commented <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Global Director Víctor Pérez<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> outgoing President and Co-Founder Stephane Marcelli will remain involved in the company’s operations. He concluded: “The integration of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> into the <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> group brings exactly the kind of expertise and momentum the French Atlantic superyacht sector needs to further strengthen its position internationally."

International Marine Management acquires Atlantic Refit Center

 International Marine Management (IMM) has announced the acquisition of Atlantic Refit Center (ARC) in La Rochelle, France.

The 29.6-metre <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow</a> motor yacht <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> has been sold. Mordy Miltz of <a data-gid="gid://syiq/Company/6348" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachts360 (Company)">Yachts360</a> introduced the buyer, while Drew Offerdahl of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/352613/image/large-92382b32459df8fbd867f4b7d8504379.jpg" data-gid="gid://syiq/Photo/352613">Delivered in 2011 by <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow</a>, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> is a Marlow 97E, previously named Due Process&nbsp;and Kakawi.&nbsp;She features exterior design and naval architecture crafted in-house by her builder. The 117 GT motor yacht most recently underwent a refit in 2026, following extensive upgrades completed in late 2024.Outside, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> features an open flybridge arrangement with upper and lower helm stations. Her exterior refit included new paint, a full teak deck replacement and updated electronics.&nbsp;Built with a GRP hull superstructure, she has a beam of 6.4-metres. Accommodation onboard is arranged for up to eight guests across four staterooms, including two full-beam staterooms.&nbsp;Powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> has a cruising speed of 20 knots and a top speed of 25 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> had a last known asking price of $2,999,000.

30m Marlow motor yacht Rat Pack sold

The 30-metre Marlow 97E motor yacht Rat Pack has been sold with a last known asking price of $2,999,000.

The 23.9-metre <a data-gid="gid://syiq/Company/362" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard Yachts (Company)">Leopard</a> motor yacht <a data-gid="gid://syiq/Yacht/11495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="@Last23.9m (78'5&quot;)Leopard Yachts2003">@Last</a> has been sold in an in-house deal. Alan Le Goff of <a data-gid="gid://syiq/Company/4019" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Althaus Yachts (Company)">Althaus Yachts</a> represented both the buyer and seller. <img src="https://photo-assets.superyachttimes.com/photo/204775/image/large-a83d9c01eff962ec16bdd1b03fd97bce.png" data-gid="gid://syiq/Photo/204775">Delivered in 2003 by Italian shipyard, <a data-gid="gid://syiq/Yacht/11495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="@Last23.9m (78'5&quot;)Leopard Yachts2003">@Last</a> is a <a data-gid="gid://syiq/Company/362" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard Yachts (Company)">Leopard</a> 24 model and was previously named iRock. She features exterior design by <a data-gid="gid://syiq/Company/225" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caliari Superyacht Inc. (Company)">Caliari Superyacht</a>, with naval architecture crafted in-house by her builder.&nbsp;Constructed with a GRP hull and superstructure, the 75 GT motor yacht most recently underwent a refit in 2023.Accommodation onboard <a data-gid="gid://syiq/Yacht/11495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="@Last23.9m (78'5&quot;)Leopard Yachts2003">@Last</a> is arranged for up to six guests across a three-stateroom configuration. Dedicated quarters are provided for a crew of three, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/11495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="@Last23.9m (78'5&quot;)Leopard Yachts2003">@Last</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 25 knots and a top speed of 31 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/11495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="@Last23.9m (78'5&quot;)Leopard Yachts2003">@Last</a> had a last known asking price of €650,000. Image courtesy of&nbsp;<a data-gid="gid://syiq/Company/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="G-Yachts (Company)">G-Yachts</a>.

24m Leopard motor yacht @Last sold

The 24-metre Leopard motor yacht @Last has been sold in-house with a last known asking price of €650,000.

The 40.8-metre <a data-gid="gid://syiq/Company/2528" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Anadolu Shipyard (ADIK) (Company)">Anadolu</a> superyacht <a data-gid="gid://syiq/Yacht/12299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha 40.8m (133'10&quot;)Anadolu Shipyard (ADIK)2026">Aisha</a> has been delivered to her owner following her launch in March 2026.<img src="https://photo-assets.superyachttimes.com/photo/400942/image/large-864d0a67d5a023bc9713648f61c1e272.jpg" data-gid="gid://syiq/Photo/400942">Built in 2026 by Turkish shipyard <a data-gid="gid://syiq/Company/2528" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Anadolu Shipyard (ADIK) (Company)">Anadolu</a>, <a data-gid="gid://syiq/Yacht/12299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha 40.8m (133'10&quot;)Anadolu Shipyard (ADIK)2026">Aisha</a> was designed inside and out by <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>. Her naval architecture and engineering were developed by <a data-gid="gid://syiq/Company/7125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Notilus Design (Company)">Notilus Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/400908/image/large-b388b712e84fd2575751af771f2fefde.jpeg" data-gid="gid://syiq/Photo/400908">Built entirely in aluminium, Turkish project management firm <a data-gid="gid://syiq/Company/7046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eureka Yachts (Company)">Eureka Yachts</a> oversaw the project. The project was developed to “balance the owner’s request for substantial interior volume with a platform that could still deliver strong performance and confident behaviour at sea,” explained <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a> during her launch. <img src="https://photo-assets.superyachttimes.com/photo/400907/image/large-0c4b78c18d0f2b5465d983173babf15d.jpeg" data-gid="gid://syiq/Photo/400907" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/400909/image/large-4eed324f8a8348dddf07ad007d3a02c0.jpeg" data-gid="gid://syiq/Photo/400909">Read more:&nbsp;<a data-gid="gid://syiq/Article/65539" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="40m Anadolu superyacht Aisha launched (2026-03-04 11:30:00 +0100)">41m Anadolu superyacht Aisha launched</a>Outside, <a data-gid="gid://syiq/Yacht/12299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha 40.8m (133'10&quot;)Anadolu Shipyard (ADIK)2026">Aisha</a> showcases a sleek raised pilothouse profile with generous exterior living spaces, designed for family cruising. Moreover, her aluminium construction supports both performance and spacious onboard living.<img src="https://photo-assets.superyachttimes.com/photo/400917/image/large-756000cc0f38f70f00be78da39f798c4.jpeg" data-gid="gid://syiq/Photo/400917" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Stepping inside, <a data-gid="gid://syiq/Yacht/12299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha 40.8m (133'10&quot;)Anadolu Shipyard (ADIK)2026">Aisha</a> welcomes guests in a 60-square-metre main saloon, thoughtfully conceived as the heart of family life onboard. A tilting window linking the saloon and galley creates a seamless connection between the spaces, reflecting the owner's brief for a layout that highly encourages guests to socialise. <img src="https://photo-assets.superyachttimes.com/photo/400916/image/large-dbe624d9af2570b8a0f2f1e61e84507b.jpeg" data-gid="gid://syiq/Photo/400916"><img src="https://photo-assets.superyachttimes.com/photo/400915/image/large-27dfb1c9f699bbbe8cb3ea5978743046.jpeg" data-gid="gid://syiq/Photo/400915"><img src="https://photo-assets.superyachttimes.com/photo/400913/image/large-303a79d55307892d9a8d2a9b66efc75a.jpeg" data-gid="gid://syiq/Photo/400913">With a beam of 9.1-metres and stretching at 360 GT, accommodation onboard is arranged for up to 10 guests across five staterooms including a full-beam owner's suite on the main deck complete with a private office and his-and-hers bathrooms. Separate quarters sleep up to eight crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/400918/image/large-02eaad421c634d9d0035b54685f836b2.jpeg" data-gid="gid://syiq/Photo/400918"><img src="https://photo-assets.superyachttimes.com/photo/400914/image/large-7622b2c48b585149b80352c37fd75058.jpeg" data-gid="gid://syiq/Photo/400914"><img src="https://photo-assets.superyachttimes.com/photo/234869/image/large-9a8af5782490b102527ccc83453cf8b4.jpg" data-gid="gid://syiq/Photo/234869">In terms of performance, <a data-gid="gid://syiq/Yacht/12299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha 40.8m (133'10&quot;)Anadolu Shipyard (ADIK)2026">Aisha</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, delivering a cruising speed of 15 knots, a top speed of 19 knots. At 15 knots, she offers a range of 1,500 nautical miles. <img src="https://photo-assets.superyachttimes.com/photo/234866/image/large-baf352aaa2e5ad1458a704af41cab896.jpg" data-gid="gid://syiq/Photo/234866"><img src="https://photo-assets.superyachttimes.com/photo/387260/image/large-e8cf102e2a41fc90a910289e484c0fa8.jpg" data-gid="gid://syiq/Photo/387260">

41m Anadolu superyacht Aisha delivered

The 40-metre Anadolu superyacht Aisha has been delivered to her owner following her launch in March 2026.


41m custom Anadolu superyacht Aisha delivered

The 25.3-metre <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> motor yacht <a data-gid="gid://syiq/Yacht/6937" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astarte25.3m (83'0&quot;)Ferretti Yachts2007">Astarte</a> has been sold in an in-house transaction. Spiros Andrikopoulos of <a data-gid="gid://syiq/Company/6067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Attica Yachts (Company)">Attica Yachts</a> represented both the buyer and seller.<img src="https://photo-assets.superyachttimes.com/photo/400878/image/large-8f6b0ec99a977bc1f1116bc17cc2032b.jpg" data-gid="gid://syiq/Photo/400878">Built by the Italian shipyard and delivered in 2007, Astarte (ex Natalia Star) is a <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti&nbsp;</a>830. She features exterior design and interior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project,</a>&nbsp; with naval architecture developed in-house by her builder. &nbsp;Constructed with a GRP hull and superstructure, she has a beam of 6.26-metres and a draft of 1.87-metres. At an interior volume of 80 GT, accommodation onboard the yacht is arranged for up to nine guests, alongside a crew of four, including her captain.In terms of propulsion, <a data-gid="gid://syiq/Yacht/6937" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astarte25.3m (83'0&quot;)Ferretti Yachts2007">Astarte</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 29 knots and a top speed of 32 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/6937" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astarte25.3m (83'0&quot;)Ferretti Yachts2007">Astarte</a> had a last known asking price of €1,700,000.Image courtesy of <a data-gid="gid://syiq/Company/6067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Attica Yachts (Company)">Attica Yachts</a>.

25m Ferretti motor yacht Astarte sold

The 25-metre Ferretti 830 motor yacht Astarte has been sold in an in-house deal by ATTICA Yachts.

<img src="https://photo-assets.superyachttimes.com/photo/400877/image/large-f9c7308ed02e19d5beacc8ba247ae01d.jpg" data-gid="gid://syiq/Photo/400877">Seen this week in Gibraltar was the 83.5-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a>.Delivered in 2015, <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a> made history as <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship’s</a> first hybrid superyacht. Combining an innovative electro-mechanical propulsion system with a highly efficient streamlined hull design, she was developed to offer extended cruising capability, reduced fuel consumption and improved operational efficiency.Sold in May 2025 to her current owner, <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a> features interior and exterior design created by <a data-gid="gid://syiq/Company/4421" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CG Design (Company)">CG Design</a>, working in collaboration with <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, who developed her naval architecture. From the exterior, the yacht is defined by her clean profile, sharp lines and contemporary appearance.Among her standout features is the semi-submerged Nemo Lounge, offering guests an underwater viewing experience. Additional amenities include a nine-metre aft-deck swimming pool, a touch-and-go helipad, a DJ station on the sundeck, a gym, spa and hammam.Powered by a hybrid diesel-electric propulsion system, <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a> reaches a top speed of 17 knots and cruises comfortably at 14 knots, combining performance with long-range efficiency.Following her departure from Gibraltar on 20 July, <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a> is currently moored in Olbia, northeastern Sardinia, Italy, according to AIS data.

Feadship yacht Savannah in Gibraltar

Seen this week in Gibraltar was the 83.5-metre Feadship superyacht Savannah.

84m hybrid Feadship superyacht Savannah in Gibraltar

The 24.6-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> motor yacht <a data-gid="gid://syiq/Yacht/7458" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balance24.64m (80'10&quot;)Sanlorenzo2018">Balance</a> has been sold with Sebastian Jerolimov of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/179103/image/large-e2a336ea19d02a243cb5ee9baef2bb23.jpeg" data-gid="gid://syiq/Photo/179103">Delivered in 2018 by Italian shipyard, <a data-gid="gid://syiq/Yacht/7458" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balance24.64m (80'10&quot;)Sanlorenzo2018">Balance</a> forms part of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SL78 series. She was designed inside and outside by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design (Mauro Micheli)</a>, while her naval architecture was crafted in-house by her builder.<a data-gid="gid://syiq/Yacht/7458" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balance24.64m (80'10&quot;)Sanlorenzo2018">Balance</a> is equipped with electric zero-speed stabilisers for comfort both underway and at anchor, as well as an additional <a data-gid="gid://syiq/Company/6231" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kohler Engines (Company)">Kohler</a> generator. Her exterior decks provide multiple lounging and dining areas, creating a seamless connection with her interior spaces.Constructed with a GRP hull and superstructure, she has a beam of 5.74-metres and a draft of 1.84-metres. Spanning 70 GT, Balance accommodates up to eight guests across a four-stateroom configuration. Dedicated quarters are provided for up to three crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/7458" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balance24.64m (80'10&quot;)Sanlorenzo2018">Balance</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 23 knots and a top speed of 30 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/7458" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balance24.64m (80'10&quot;)Sanlorenzo2018">Balance</a> had a last known asking price of €2,890,000. Image courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

25m Sanlorenzo motor yacht Balance sold

The 24.6-metre Sanlorenzo motor yacht Balance has been sold with a last known asking price of €2,890,000.

The 40.8-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Yachts (Company)">Benetti</a> motor yacht <a data-gid="gid://syiq/Yacht/10446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tosun40.8m (133'10&quot;)Benetti Yachts2022">Tosun</a> has been sold. Nikolas Daoutis of <a data-gid="gid://syiq/Company/888" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atalanta Marine (Company)">Atalanta Marine</a> represented the buyer, while Thibault Roi and Peter Brown of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/325909/image/large-c9f2d6c557cc9c5b2a2fbd725189d8e3.jpg" data-gid="gid://syiq/Photo/325909">Delivered in 2022 by Italian shipyard, <a data-gid="gid://syiq/Yacht/10446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tosun40.8m (133'10&quot;)Benetti Yachts2022">Tosun</a> is a <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Yachts (Company)">Benetti</a> Oasis featuring exterior design by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, while her interior design was penned by <a data-gid="gid://syiq/Company/5263" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bonetti / Kozerski architecture DPC (Company)">Bonetti/Kozerski Architecture DPC</a>. Her naval architecture was crafted in-house by her builder <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Yachts (Company)">Benetti</a>.Constructed with a GRP hull and superstructure, she has a beam of 8.5-metres and an interior volume of 386 GT. Accommodation onboard is arranged for up to 10 guests across five well-appointed staterooms. Dedicated quarters are available for a crew of nine, including her captain.In terms of propulsion, <a data-gid="gid://syiq/Yacht/10446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tosun40.8m (133'10&quot;)Benetti Yachts2022">Tosun</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, delivering a cruising speed of 12 knots and a maximum speed of 16 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/10446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tosun40.8m (133'10&quot;)Benetti Yachts2022">Tosun</a> had a last known asking price of €20,900,000. Image courtesy of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.

41m Benetti Oasis motor yacht Tosun sold

The 41-metre Benetti Oasis 40M motor yacht Tosun has been sold, involving Burgess and Atalanta Marine.

The 60-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> motor yacht <a data-gid="gid://syiq/Yacht/1193" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caipirinha60.0m (196'10&quot;)Lürssen Yachts2009">Caipirinha</a> is now sold. Charles Carveles and Robert Halperin of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> introduced the buyer, while <a data-gid="gid://syiq/Person/392" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alex Banning, United Kingdom (Person)">Alex Banning</a> of <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a>, alongside Alex Busher and Cornelius Gerling of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> represented the seller. <img src="https://photo-assets.superyachttimes.com/photo/391218/image/large-ad1c49ce47e9ae5af2a9e2717400ac4b.jpg" data-gid="gid://syiq/Photo/391218">Delivered in 2009 by the German shipyard, <a data-gid="gid://syiq/Yacht/1193" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caipirinha60.0m (196'10&quot;)Lürssen Yachts2009">Caipirinha</a> features exterior design by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>, with interiors penned by <a data-gid="gid://syiq/Company/2091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Berryman Design Ltd (Company)">Mark Berryman Design</a>. Her naval architecture was crafted in-house by her builder. The yacht most recently underwent an extensive refit in 2025.&nbsp;On deck, highlights include a generous aft dedicated to dining, lounging and sunbathing, alongside a sundeck Jacuzzi, sunpads and shaded social spaces. Inside, guests are welcomed in a spacious main saloon featuring large windows, sculptural furnishings and curated pieces.&nbsp;With an interior volume of 1,182 GT, accommodation onboard is arranged for up to 12 guests across six well-appointed staterooms, including a full-beam owner’s suite, a VIP suite and four guest staterooms. Separate quarters sleep up to 14 crew members, catering to private and charter operations.In terms of performance, <a data-gid="gid://syiq/Yacht/1193" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caipirinha60.0m (196'10&quot;)Lürssen Yachts2009">Caipirinha</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 12 knots and a top speed of 15.5 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/1193" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caipirinha60.0m (196'10&quot;)Lürssen Yachts2009">Caipirinha</a> had a last known asking price of €39,900,000. Image courtesy of &nbsp;<a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a>.

60m Lürssen superyacht Caipirinha sold

The 60-metre Lürssen superyacht Caipirinha has been sold, with SuperYachtsMonaco and Edmiston. 

<a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a> has announced the sale of a <a data-gid="gid://syiq/Yacht/16782" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta 104/1131.8m (104'4&quot;)Mangusta Yachts2027">new-build 31.8-metre Mangusta 104 REV</a>, with Marco Fiorani representing the buyer. She is the <a data-gid="gid://syiq/Yacht/16782" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta 104/1131.8m (104'4&quot;)Mangusta Yachts2027">eleventh hull</a> in the series and is currently under construction at <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Overmarine</a>'s shipyard in Viareggio. Delivery is scheduled for spring 2027.<img src="https://photo-assets.superyachttimes.com/photo/400854/image/large-b120343d877e8c8104d8e7066d457f6d.jpg" data-gid="gid://syiq/Photo/400854">The 31.8-metre Mangusta 104 REV was developed through a collaboration between <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Overmarine Group</a>'s Engineering Department and <a data-gid="gid://syiq/Company/1124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lobanov Design (Company)">Lobanov Design</a>. She features exterior design by <a data-gid="gid://syiq/Company/1124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lobanov Design (Company)">Lobanov Design</a>, while her naval architecture was developed in-house by her builder.Outside, she presents a sporty profile characterised by sleek lines and expansive glazing, strengthening the connection between the yacht's interior and exterior spaces.Designed as part of the Mangusta Maxi Open range, the yacht offers generous outdoor living areas alongside refined interiors defined by expansive glass surfaces seamlessly integrated into her architecture to enhance onboard comfort as well as aesthetics.According to the shipyard, the model combines the brand's design language with a contemporary approach to onboard living.Constructed with a GRP hull and superstructure, she has a beam of 7.06-metres and a shallow draft of 1.6-metres, allowing access to shallow reefs and remote anchorages. At an interior volume of 165 GT, accommodation onboard is arranged for up to 10 guests across four staterooms. Dedicated quarters sleep up to four crew members, including her captain.In terms of performance, she is powered by twin MTU engines, propelling her to a top speed of 30 knots and a cruising speed of 25 knots.&nbsp;

Eleventh new-build 32m Mangusta 104 REV sold

The eleventh new-build 32-metre Mangusta 104 REV has been sold, with Idea Yachting's Marco Fiorani representing the buyer.

 Eleventh new-build 32m Mangusta 104 REV sold

The administrators of <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> have secured additional funding and launched a formal sale process to find a buyer for the iconic British yacht brand. <img src="https://photo-assets.superyachttimes.com/photo/340218/image/large-3f75700eebc1f3959c5bcc14c5dc8614.jpg" data-gid="gid://syiq/Photo/340218">The Northamptonshire-based shipyard, which employs approximately 250 staff, announced that it had entered administration in January 2025, just two months after its <a data-gid="gid://syiq/Article/62169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts acquired by Arrowbolt Propulsion Systems (2024-12-06 11:00:00 +0100)">acquisition by Arrowbolt Propulsion Systems Limited</a>.Now under the control of Alvarez &amp; Marsal (A&amp;M), the insolvency process was initiated by its primary lender, DF Capital. With fresh funding from DF Capital, the company can continue its production and sales operations while safeguarding the jobs of its 250 employeesRead:&nbsp;<a data-gid="gid://syiq/Article/62503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts enters administration just weeks after acquisition (2025-01-28 11:00:00 +0100)">Fairline Yachts enters administration just weeks after acquisition</a><img src="https://photo-assets.superyachttimes.com/photo/348097/image/large-ac5f923827d083b79885761002cca94b.jpg" data-gid="gid://syiq/Photo/348097">A&amp;M, appointed as joint administrators of <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a>, have confirmed that they are actively seeking both domestic and international buyers to secure the future of the business. The company, founded in 1967, is known for its premium yacht craftsmanship and has built strong relationships with customers and dealers worldwide.Michael Magnay, Joint Administrator at A&amp;M, stated: “<a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> is an iconic brand with a committed and passionate team of experts who have established deep relationships with dealers and end customers over many years.”“The business is known throughout the world for the quality of its craftsmanship and the innovative design of its yachts. We expect that it could have broad appeal to international investors as well as domestic. We encourage interested parties to make contact with us to discuss the opportunity to acquire this exciting business.”<img src="https://photo-assets.superyachttimes.com/photo/171860/image/large-44edf97e2e8fac4c669b90abe2e88ce8.jpg" data-gid="gid://syiq/Photo/171860">With the new funding arrangement, <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> would be able to continue manufacturing and selling its range of yachts, which span from 10 to 20 metres. The company operates across two sites in Oundle and Suffolk, employing a highly skilled team with decades of experience in the yachting industry.The administrators are now calling for potential buyers to come forward, with interested parties invited to contact <a href="mailto:Gquinn@alvarezandmarsal.com" target="_blank">Gquinn@alvarezandmarsal.com</a> for more information.SuperYacht Times will continue to monitor the situation and provide updates as they develop.

Fairline Yachts for sale following administration

The administrators of Fairline Yachts have secured additional funding and launched a formal sale process to find a buyer.

Fairline Yachts administrators secure funding and look for new buyer

As of 4 December 2024, <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> has been acquired by Arrowbolt Propulsion Systems Limited. According to the United Kingdom Companies House records, Arrowbolt Propulsion Systems now holds 75 percent or more of the ownership of shares for <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/340218/image/large-3f75700eebc1f3959c5bcc14c5dc8614.jpg" data-gid="gid://syiq/Photo/340218"><a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> Holding Limited had remained as the sole shareholder of the company with 75 percent or more of the shares from 12 June 2021 until 4 December 2024. This change of ownership to Arrowbolt Propulsion Systems now means that Arrowbolt are in control of 75 percent or more of the ownership of voting rights and shares, as well as control over the right to appoint or remove directors.&nbsp;According to their website, UK-based Arrowbolt Propulsion Systems is part of the Fletcher Marine Group and are self-described as "pioneers of cutting-edge electric propulsion technology and systems."Current records from the United Kingdom Companies House show that Martyn Hicks and Hitesh Katechia currently remain as Directors of <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a>, roles they have both held since 16 August 2023, following the resignation of Paul Grys.&nbsp;<a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> began in 1963 when Jack Newington acquired an assortment of disused gravel pits by the River Nene, transforming the area into Oundle Marina. <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> currently has several models in its portfolio, ranging from 10-metres to 20-metres.SuperYacht Times has reached out to <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> for further comment and information.

Arrowbolt Propulsion Systems acquires Fairline Yachts

Fairline Yachts has been acquired by Arrowbolt Propulsion Systems Limited.

Fairline Yachts acquired by Arrowbolt Propulsion Systems

British yacht builder <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> has entered administration, just two months after its <a data-gid="gid://syiq/Article/62169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts acquired by Arrowbolt Propulsion Systems (2024-12-06 11:00:00 +0100)">acquisition by Arrowbolt Propulsion Systems Limited</a>. The Northamptonshire-based shipyard, which employs approximately 250 staff, is now under the control of Alvarez &amp; Marsal (A&amp;M), following an insolvency process triggered by its primary lender, DF Capital.<img src="https://photo-assets.superyachttimes.com/photo/340218/image/large-3f75700eebc1f3959c5bcc14c5dc8614.jpg" data-gid="gid://syiq/Photo/340218">The company’s administrators confirmed that <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> continues to trade and no redundancies have been made. Michael Magnay, joint administrator, told Sky News: “We are thankful for the support and understanding of staff and there are no redundancies at this time. We are actively pursuing a sale of the business and are confident of a substantial amount of interest given the recognised brand and strong heritage.”The administrators are now seeking potential buyers to secure the future of the business, which is renowned for its range of yachts measuring between 10 and 20 metres.<a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> was recently sold to Arrowbolt Propulsion Systems Limited on 4 December 2024. According to Companies House records, Arrowbolt acquired 75 percent or more of the company’s shares and voting rights, gaining control of the ability to appoint or remove directors.&nbsp;Read: <a data-gid="gid://syiq/Article/62169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts acquired by Arrowbolt Propulsion Systems (2024-12-06 11:00:00 +0100)">Fairline Yachts acquired by Arrowbolt Propulsion Systems</a><img src="https://photo-assets.superyachttimes.com/photo/115479/image/large-3bdb0313f86238a041e79d823b27be99.jpg" data-gid="gid://syiq/Photo/115479">Arrowbolt, a UK-based division of Fletcher Marine Group, specialises in electric propulsion technology and had appointed experienced executive Peter Hamlyn as <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a>’s new Chief Executive. The reasons behind <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a>’s financial struggles so soon after the acquisition remain unclear and questions are now being raised about the circumstances of the deal.<a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a>, established in 1963 by Jack Newington, has long been a symbol of British yacht-building excellence. The company originated from Newington’s transformation of disused gravel pits by the River Nene into Oundle Marina, which remains its headquarters.Despite its prestigious history, <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a>’s collapse mirrors broader challenges in the yachting industry. In 2023, <a data-gid="gid://syiq/Article/56938" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KPS Capital Partners acquires equity interest in Princess Yachts (2023-02-14 11:30:00 +0100)">Princess Yachts was sold to KPS Capital Partners</a>, while <a data-gid="gid://syiq/Article/61885" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker International sold to Orienta Capital and Lionheart Capital (2024-10-31 18:00:00 +0100)">Sunseeker changed hands to Lionheart Capital and Orienta Capital Partners</a>.&nbsp;SuperYacht Times has reached out to <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline Yachts</a> for further comment and will provide updates as the story develops.

Fairline Yachts enters administration following acquisition

British yacht builder Fairline Yachts has entered administration, just two months after its acquisition by Arrowbolt Propulsion Systems Limited. 

Mergers & Acquisitions

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