Vitters acquires UK boatbuilder
By IBI Magazine
Vitters Shipyard in the Netherlands has acquired UK composite yacht-builder Green Marine for an undisclosed sum.
Founded by Bill Green and Ian King in 1982, Green Marine specialises in advanced composite projects and has built a wide range of Volvo Ocean and America's Cup yachts, including Mascalzone and Prada.
The company's fleet includes racing yachts such as Ran and Jethou, as well as high performance cruising yachts Sojana, Leopard, Ghost and Cinderella IV.
According to a company statement, Green Marine will continue to focus on the production of racing yachts and hulls for high-performance cruisers under new ownership. Three yachts from 18m-43m (60ft-140ft) are currently in-build at the group's Lymington-based yard.
Vitters Shipyard builds custom yachts of up to 75m (246ft) in length. The company is based in Zwartsluis in the Netherlands.
(11 February 2010)
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