Groupe Beneteau announce acquisition of Delphia Yachts
by Mirna Cieniewicz 3 Dec 2018 18:35 UTC
Acquisition of Delphia Yachts © Beneteau Group
On November 30, 2018 in Warsaw, Poland, Groupe Beneteau and Delphia Yachts Kot sp. j. reached financial closing of the acquisition by Groupe Beneteau of its operations designing, building and marketing sailing and motor yachts under the Delphia Yachts and Maxi Yachts brands.
This acquisition was made through a dedicated Polish entity called Stocznia Jachtowa Delphia sp. z.o.o. in which the Group's Polish subsidiary Ostroda Yachts sp. z.o.o. is holding 80% of the share capital, while Delphia Yachts Kot sp. j. retains 20% of such share capital.
The acquisition agreement and its rationale was announced by Groupe Beneteau on July 12, 2018.