Bavaria Yachts, what is the status of the takeover procedure of the shipyard?

Bavaria shipyard

Will there be a buyer for Bavaria Yachts, Germany's largest shipyard? How does the network live while waiting for the announcement? BoatIndustry is reviewing the situation with distributors and professionals.

A very discreet project

The announcement that Bavaria Yachts, one of the heavyweights of the European and world nautical industry, had been placed under protection surprised professionals in the middle of a multihull show on the eve of a weekend. It was not until Monday that an official press release from the company confirmed the news. Since then, little information has filtered through. In its last press release, the yard indicated that it would continue deliveries until the end of June 2018. Although the parent company did not wish to respond to our requests, the news obtained from the French subsidiary Bavaria Catamarans is rather positive and denies the rumours of the closure of the business. " We were working together just yesterday. "says Gildas Le Masson, director of Bavaria Catamarans. " The investor search procedure is still ongoing. "says Gildas Le Masson, director of Bavaria Catamarans. "

About ten candidates

According to other sources, about 100 files were withdrawn. Bavaria Yachts then received around ten applications due to the very short deadline. The profiles of the candidates would be divided between nautical players, industrialists and investment funds.

Deliveries and orders of Bavaria boats maintained

The production of sailboats and motorboats continues in Giebelstadt, Bavaria. " Communication continues with the site and we receive newsletters confirming the terms of the orders. We have new boat purchase files in progress and we know how to respond to our customers in terms of procedure and deadlines. "indicates a reseller. " I have a boat in production and I regularly receive pictures. Production continues. We took an order this week. "adds Xavier Fiche, director of Evasion Yachting, Bavaria distributor since 2001.

Peaceful buyers

The Bavaria Yachts dealers contacted expressed their serenity about the future of the German shipyard. " If it were an SME, it would be another problem, but it is hard to see a Lander as powerful as Bavaria letting such a company sink. We have the summer to be ready for the fall fairs. "explains a first one. "J i am totally confident about Bavaria's future," adds Xavier Fiche. "It is a well-known and recognized brand, with a solid international network supported by major distributors, even if France is a bit of an exception, on the lands of the Bénéteau Group. The only uncertainty is about the choice of the future buyer. Will it choose production in quantity to fight with the Bénéteau group, or a more qualitative positioning with fewer boats? I would prefer the second option. i am totally confident about Bavaria's future," adds Xavier Fiche. "It is a well-known and recognized brand, with a solid international network supported by major distributors, even if France is a bit of an exception, on the lands of the Bénéteau Group. The only uncertainty is about the choice of the future buyer. Will it choose production in quantity to fight with the Bénéteau group, or a more qualitative positioning with fewer boats? I would prefer the second option.

The answer to the question will be determined by the choice of the buyer, probably announced during July.

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