Bavaria Yachts entra en proceso concursal

[port bo]

Que les vaya bien en esta nueva singladura. Un fondo de inversiones sera realizar, coger y largarse. . Les deseo mucha suerte y espero equibocarme.

[Bluemast]

Berlin-based private equity CMP Capital Management will become the new owner of Bavaria Yachtbau, the German-based builder of motorboats, sailboats and catamarans announced on Saturday.

Once recognised as one of the industry's most industrialised series boatbuilders, Bavaria fell into administration in April this year, however, was able to strike a temporary deal to maintain operations to fulfil a sizable order book obtained on the back of new model launches in 2017-18.

CMP will acquire Bavaria Yachtbau and its French-based subsidiary Bavaria Catamarans SAS from Oaktree Capital and Anchorage Capital, which bought the business in October 2009 for approximately €300m including a cash injection of €55m and the previous owner Bain Capital's write-down of debt facilities totalling about €960m at the time.

Today's restructuring deal includes all 550 employees at the Giebelstadt, German plant and all 250 employees at the catamaran production facility in Rochefort, France. Bavaria acquired the French business in 2014, formerly Nautitech Catamarans, to address the thriving catamaran segment