Announced
Completed
Synopsis
PPF-backed Beneteau, a designer, producer and retailer of leisure craft completed the acquisition of an 87% stake in Dream Yacht, a leisure boat hiring business. Financial terms were not disclosed. PPF has decided to invest in the leisure sailing business since it is swiftly becoming an expanding lucrative niche in the mass-market travel industry. An ever-widening circle of enthusiasts is opting for sailboat charters. Families, groups of friends, and individuals are seeking refreshing holiday experiences away from crowds. As a result, the sector is likely to recover rapidly in the aftermath of the Covid-19 pandemic amid the lingering health safety concerns and social-distancing requirements.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.