Attractive market and French companies
Concentration is still the order of the day in the yachting sector. The news of the week demonstrates this once again, whether it concerns boatbuilders or equipment manufacturers. The Czech company PPF has shown that it still has a strong appetite for the yachting sector, by making official the acquisition of takeover of Privilège Marine catamarans to bring in a new manager when american Samson Rope acquires Corderie Lancelin a well-established player in marine ropes. Whether financial funds or industrial players, the French yachting sector continues to attract interest.
In services too, French boating is a magnet. France's coasts offer many advantages for yachtsmen, and harbor managers are not mistaken. International players are interested in managing the country's marinas, such as reports the President of D-Marin, the Mediterranean group recently established in France .
Preparing for headwinds
While this concentration may worry yachtsmen in terms of the diversity of the offer, it is likely to become even more pronounced as the yachting industry looks forward to an economically complicated 2024. Investor interest can therefore be seen as a reassuring factor for the long-term future of the boating industry. This is also the conclusion that can be drawn from the 100% shareholder buyout of Hanse Yachts as we face the storm. Only time will tell whether this confidence will last.
