Hanse Yachts owner acquires French cat builder
The parent company of Hanse Yachts has taken a majority stake in the French catamaran builder Privilège which will complement the company’s portfolio going forward.
Aurelius said that the acquisition will allow Hanse Yachts to enter the high-growth catamaran market.
“The high-margin catamaran market has seen particularly strong growth in the past years. Hanse Yachts has not been able to share in this development so far, because it was not even possible to manufacture yachts of this breadth in the existing production facilities,” said Gert Purkert, executive board member at Aurelius.
“In recent weeks, the company has analysed the shipyard and the products of Privilège in detail and found that the philosophy and products of Privilège are a good fit for us and for our corporate culture.”
With the exception of Privilège CEO Gilles Wagner, who will remain in office, all previous owners have sold their shares.
Privilège will continue to exist as an independent brand but Hanse Yachts will market its craft going forward.
Hanse Yachts' production site in Greifswald is expected to take over some building processes for Privilège in the future.
The aim is to combine the expertise of HanseYachts in the series production of yachts with the catamaran-building experience of Privilège in order to make the company one of the world’s most successful luxury catamaran brands.
All yachts currently being built by Privilège will be handed over to their owners as planned and all current models will continue to be available for order.
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