M&A: British Luxury Yacht Manufacture SUNSEEKER to be acquired by US Lionheart Capital
LUXUO » Yachts
by Sanjeeva Suresh
11h ago
Sunseeker 88 Yacht Wanda Group, the majority owner of Sunseeker International since 2013, has agreed to sell the Poole-based yacht builder to Miami-based investment firm Lionheart Capital, according to Bloomberg. The news agency stated that “according to people with knowledge of the matter”, Wanda Group and Lionheart had signed a sale-and-purchase agreement. The transaction could close as early as May 2024, depending on British regulatory approval. Sunseeker has declined to comment on the situation. Last year, Sunseeker CEO Andrea Frabetti announced that the yacht builder h ..read more
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Exciting Debuts Await at the Singapore Yachting Festival 2024!
LUXUO » Yachts
by Sanjeeva Suresh
3d ago
Galileo Headlined by superyachts up to 56m, the line-up for the second Singapore Yachting Festival at ONE°15 Marina Sentosa Cove will see exclusive additions including the first HH88 sailing catamaran, Perini Navi’s 183ft Galileo and Sanlorenzo SD118. Held from April 25-28, organisers have stated that all booths and berths are ‘fully subscribed’, with over 70 yachts expected along with water toys, in-water demos, sea trials, speedboat rides and supercars. The four-day show will be preceded by the ICOMIA Boating Industry Conference (April 23-24) and Wednesday eveni ..read more
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The YACHT STYLE Awards 2024 Shines With Sustainability Initiatives and Greener Shipyards
LUXUO » Yachts
by Sanjeeva Suresh
3d ago
The YACHT STYLE Awards 2024 will be held at ONE°15 Marina Sentosa Cove in Singapore on Wednesday, April 24, ahead of the Singapore Yachting Festival. The yacht categories generally include models that premiered at a major boat show in 2023, while the superyacht categories are focused on innovation and design developments emerging out of the Covid years. Sustainability and environment-friendly innovation were also highlighted this award season highlighting the works of Julian Chang, Francis Lapp and Arthur Tay. Arthur Tay, Chairman and CEO, SUTL Group YACHT STYLE Awards 2024: Nominees Mot ..read more
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Azimut’s Fresh Fly 72
LUXUO » Yachts
by Sanjeeva Suresh
1w ago
Azimut’s new Fly 72 features an Alberto Mancini exterior When Giovanna Vitelli picked up the phone to call architect and designer Fabio Fantolino, the Azimut-Benetti Group Chairwoman knew what she was looking for: another decisive step in the updating of Azimut’s offerings. An upgrade of the Azimut 72 designed by the late Stefano Righini with interiors by Carlo Galeazzi, the new Fly 72 is among Azimut’s latest models to feature an exterior by Alberto Mancini – now responsible for most new S, Fly and Grande series designs. However, for the interiors, Vitelli wanted to work for the first time wi ..read more
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Lagoon 43 to Debut at Cannes Yachting Festival
LUXUO » Yachts
by Sanjeeva Suresh
1w ago
Lagoon, the world leader in pleasure cats with over 7,000 units built, has introduced several innovations on its upcoming 43, which is scheduled to premiere at the Cannes Yachting Festival from September 10-15. For the Lagoon 43, the Groupe Beneteau brand has again teamed up with its regular collaborators, namely VPLP Design for naval architecture, Patrick le Quement for the exterior, and Nauta Design for the interior. Featuring an overall length of 45ft 8in and a beam of 25ft 3in, the Lagoon 43 will ultimately succeed the best-selling Lagoon 42, which has sold over 1,000 units. The mast fea ..read more
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Asia Global Yachting Represents Tyde
LUXUO » Yachts
by Sanjeeva Suresh
2w ago
The Icon Asia Global Yachting (AGY) has been appointed as a representative of Tyde in the Southeast Asian nations of Thailand, Indonesia, Singapore, Malaysia, Brunei, Philippines, Vietnam, Cambodia, Laos and Myanmar. Co-founded by Dr Christoph Ballin and Tobias Hoffritz, Tyde collaborated with BMW and Designworks to develop The Icon, the 43ft electric foiling commuter that entered the spotlight at last May’s Cannes Film Festival before returning to the south-coast city for the Cannes Yachting Festival in September. The Icon The Icon glides across the water on three hydrofoils, while techn ..read more
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Galeon’s 560 Fly Expands Beach Mode
LUXUO » Yachts
by Sanjeeva Suresh
2w ago
Tony Castro designed the 560 Fly’s shapely exterior It’s coming up to nine years since Galeon debuted the 500 Fly at the 2015 Cannes Yachting Festival, where its drop-down sides and waterside bar provided not just a wow factor but expanded the ways guests could enjoy life on the sea on a 50ft boat. MarineMax, the world’s largest yacht distributor, was quick to spot a good thing and four months later announced it was the shipyard’s US dealer. The move helped transform Galeon – now producing about 350 boats annually – into one of the leading brands in one of the industry’s most competitive segme ..read more
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Gulf Craft’s New-Look Majesty Superyacht
LUXUO » Yachts
by Sanjeeva Suresh
3w ago
The Majesty 111 has a clean, sporty exterior and a foredeck jacuzzi Gulf Craft’s first Majesty 111 has enjoyed global exposure since its world premiere at the Dubai International Boat Show in March. In September, the 34m, six-cabin Sandbank made its Europe debut at the Monaco Yacht Show before exhibiting in the US for the first time at the Fort Lauderdale International Boat Show at the end of October. Joining the Majesty brand’s Superyacht range, the 111 sits between the best-selling 100 and the 120 tri-deck. However, the first yacht to feature full exterior and interior design by Phathom Stud ..read more
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YACHT STYLE Issue 76 Out Now
LUXUO » Yachts
by Sanjeeva Suresh
3w ago
The Sanlorenzo 57Steel; Photo: Guillaume Plisson YACHT STYLE Issue 76 features the Sanlorenzo 57Steel on the front cover, as the yacht features in several Reviews in this issue, while the Italian shipyard also comes to the fore following the completion of its acquisition of Simpson Marine, Asia’s largest yacht dealer, which features in Profile. Profile: Simpson Marine As it celebrates its 40th anniversary in 2024, Simpson Marine is embarking on a new era without Mike Simpson, but with the core management team and regional heads continuing as the dealership expands across Asia-Pa ..read more
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Beneteau Appointing New Dealers in Asia
LUXUO » Yachts
by Sanjeeva Suresh
1M ago
Beneteau Gran Turismo 45 Following the conclusion of its regional collaboration with Simpson Marine, Beneteau has appointed two new dealers in Hong Kong. Asiamarine will be the Hong Kong dealer for Beneteau’s sailing yachts, which include the Oceanis, Oceanis Yacht, First and First SE ranges. Asiamarine’s new yachts portfolio also includes Galeon, Nimbus, Axopar and Lagoon, a Groupe Beneteau brand. Also in Hong Kong, NextWave Yachting will represent Beneteau’s motorboats, which cover the Flyer, Antares, Gran Turismo and Swift Trawler series. NextWave’s other brands include Sunreef, Sunseeker a ..read more
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