Princess Yachts seeks multi-million investment funding from shareholders to maintain expansion

> Subscriber-only, By David Robinson2020-01-10T13:48:00

Focus on new product development and facility expansion to meet demand

Plymouth-based Princess Yachts, is seeking a new multi-million investment cash injection “to maintain its mission of expansion”. The UK is owned by a private equity partnership in which global luxury brands conglomerate LVMH, is a major shareholder.

The level of investment Princess Yachts is seeking has…

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