{"id":2255,"date":"2022-06-21T10:35:09","date_gmt":"2022-06-21T10:35:09","guid":{"rendered":"https:\/\/www.marlow-ropes.co.uk\/?p=2255"},"modified":"2022-06-21T10:35:09","modified_gmt":"2022-06-21T10:35:09","slug":"hanseyachts-agrees-privilege-sale-news-boating-business","status":"publish","type":"post","link":"https:\/\/www.marlow-ropes.co.uk\/?p=2255","title":{"rendered":"HanseYachts agrees Privil\u00e8ge sale | News | Boating Business"},"content":{"rendered":"<blockquote><p>An agreement for the sale of the\u00a0shareholding in the French\u00a0subsidiary could soon be approved.SHOW FULLSCREENMarket successSource: Privil\u00e8ge MarineThe Privil\u00e8ge Signature 580 is nominated for the coveted Multihull of the Year Award 2022zoom inzoom outIf approved by the French authorities, HanseYachts is looking at selling the shareholding\u00a0of the French catamaran manufacturer based in Port Olona,\u00a0to a\u00a0consortium including long-time Privil\u00e8ge CEO, Gilles Wagner.\u201cHanseYachts is sincerely pleased that Privil\u00e8ge Marine is sailing back to independence. Both\u00a0companies have learned a lot from each other. However, as the expected synergy effects could not\u00a0be realised to the extent hoped for, this strategic step is now the best solution for both sides,\u201d said Hanjo Runde, CEO of HanseYachts AG.Strategic movePrivil\u00e8ge is one of the oldest catamaran brands in the world and builds ocean-going luxury catamarans\u00a0with sales prices ranging from \u20ac1.5 to 7 million.The company was acquired by\u00a0HanseYachts AG in June 2019, but remained operationally independent.Since the takeover, the\u00a0entire product range has been completely renewed with corresponding success in the market. In addition to the successful facelift of the Privil\u00e8ge Signature 510, this was\u00a0followed by a complete new build of the Privil\u00e8ge Signature 580, which is nominated for the coveted\u00a0Multihull of the Year Award 2022.The Signature 650 and Signature 750, also new models, are already\u00a0physically under construction. As a result, Privil\u00e8ge\u2019s order book has grown to its current historic high\u00a0of \u20ac57.4 million.\u00a0\u201cWe would like to express our sincere thanks to all employees and the owners of HanseYachts for\u00a0making it possible to realise new growth for Privil\u00e8ge Marine and thus providing us with this good\u00a0starting position for a hopeful future in the global catamaran market. The new partners are merchants\u00a0with experience and also own Privil\u00e8ge catamarans. Their extensive experience in the market and\u00a0with the product will help to further develop the Privil\u00e8ge brand and its product range,\u201d said Gilles\u00a0Wagner, CEO Privil\u00e8ge Marine.A decision on the\u00a0corresponding share purchase agreement fo the sale is expected to be concluded in July 2022,\u00a0HanseYachts then expects the transaction to be executed by October 2022 at the latest.Meanwhile, the remaining three HanseYachts locations in Germany and Poland are being continuously\u00a0expanded.Even without Privil\u00e8ge, HanseYachts AG said it currently has the highest order book in the company\u2019s\u00a0history with \u20ac272.9 million. It\u2019s already planning a new Hanse, a Dehler and a large\u00a0new Fjord model each for the summer, with a new Moody model to follow in the winter.<\/p><\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.boatingbusiness.com\/news\/hanseyachts-agrees-privilege-sale\/1473771.article\">HanseYachts agrees Privil\u00e8ge sale | News | Boating Business<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An agreement for the sale of the\u00a0shareholding in the French\u00a0subsidiary could soon be approved.SHOW FULLSCREENMarket successSource: Privil\u00e8ge MarineThe Privil\u00e8ge Signature 580 is nominated for the coveted Multihull of the Year Award 2022zoom inzoom outIf approved by the French authorities, HanseYachts &hellip; <a href=\"https:\/\/www.marlow-ropes.co.uk\/?p=2255\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2255"}],"collection":[{"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2255"}],"version-history":[{"count":1,"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2255\/revisions"}],"predecessor-version":[{"id":2256,"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2255\/revisions\/2256"}],"wp:attachment":[{"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marlow-ropes.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}