New Majority Shareholder Takes Over Moonen Shipyards

New Majority Shareholder Takes Over Moonen Shipyards

Moonen Shipyards in the Netherlands has a new majority shareholder who has committed to invest in the long-term future of this superyacht builder.

The takeover was completed in October and ensures long-term financial security both for the yard and for clients of new and existing construction and refit projects.

 “We are very pleased with the new arrangements in place to secure the long-term future of Moonen Shipyards,” adds CEO Emile Bilterijst. “Although Moonen has built up a superb reputation and client base over the past half-century, in the current economic climate new and repeat clients alike expect specific financial guarantees before they will proceed with a new project. These are now firmly in place at Moonen, along with the option for trade-ins. We are now moving into a new phase of development that will see a range of diverse designs combined with the traditional craftsmanship that sets Moonen apart.”

[mappress]
Press Release, December 18, 2013

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