Latest News about France – Page 23
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NewsCyber attack on Beneteau, production may be disrupted
Fountaine-Pajot was the target of a similar attack in June
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NewsFountaine-Pajot introduces new models and 2024 strategy
French sailboat and catamaran builder, the Fountaine-Pajot Group, hosted an online press conference yesterday to launch two new Dufour models and unveil more details about the new FP 51 sailing catamaran; the company’s new investment strategy was also revealed including plans to introduce a carbon-neutral boat by 2030 and €33 ...
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NewsDecision on Cannes show ownership expected 15 April
After years of legal wrangling, French marine industry association FIN today announced that the appeal lodged by Reed Expositions France to be recognised as the owner of the Cannes Yachting Festival took place in the Court of Appeal last week (Thursday 21 January) in the presence of FIN president Yves ...
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NewsNew Navico distributor for France
Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands of marine electronics, has chosen Kent Marine Equipment to distribute its complete range of products in France and the French administered territories.
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NewsFountaine Pajot expects 2021 recovery
French catamaran builder Fountaine Pajot and parent company of Dufour Yachts confirmed its 2020 fiscal results confirming the negative Covid impact on both revenues and profitability
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NewsStrong French presence at METSTRADE Connect
The French pavilion was largest national pavilion at this year’s METSTRADE Connect, with 80 companies in ‘virtual’ attendance.
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NewsCatana puts Tunisian acquisition on hold
France’s Catana Group has indicated it is not going forward with the planned acquisition of Magic Yachts in Tunisia, first announced last December
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NewsPalumbo SY Refit opens service point covering Central America and the Caribbean
Palumbo SY Refit, a leader in the refit and repair of sailing and motor yachts, has established its first service point covering the Central America and Caribbean area.
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NewsFrench marine electronics group changes hands
Founded in 1984 under the name Micrel, France’s nke Group has new shareholders
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NewsNextStage sells Fountaine-Pajot stake
Paris-listed investment company NextStage announced yesterday that it has sold its entire 38% stake in the Fountaine-Pajot Group. “Over the last five years, NextStage has supported us on a variety of strategic issues. Our collaboration has been rich in developments, most especially the acquisition of Dufour Yachts and a capital ...
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NewsWorkforce dispute at Beneteau quickly resolved
Last Tuesday morning workers walked out of the Beneteau factory in Challans, in Vendée on the French Atlantic coast, though the dispute lasted less than 24 hours. In early September, Beneteau announced its plans to address the consequences of the Covid-19 pandemic, launching job protection plans (PSE) and the closure ...
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NewsFrench VAT details on rental of pleasure boats clarified
The French Directorate of Tax Legislation (DLF), part of the Ministry of the Economy and Finance, yesterday clarified key elements concerning the new VAT regulations regarding pleasure boat rentals and leasing payments. The DLF had published the new tax instructions on this area on November 6, but they were to ...
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NewsChange at the head of Latitude 46 and Wauquiez
The recent retirement of industry veteran Christian Iscovici, head of Latitude 46 and Wauquiez since 2007, has led to a review of the company structure by main shareholder, Experton-Revollier Group.
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NewsFrench boat leasing tax changes met with surprise
The French boating industry is at odds with a change in the application of VAT rules on pleasure boats purchased for hire with an option to purchase, which will impact boat rentals as well as boat purchases financed through leasing arrangements. Announced by the French government this ...
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NewsFIN to launch virtual show
The Fédération des Industries Nautiques (FIN) is planning to launch a virtual boat show early in 2021. Marketing of Virtual Nautic will begin next week and involve daily presentations open to all interested professionals.
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NewsOfficial supplier Highfield Boats front & centre at start of the Vendée Globe
The eighth edition of the Vendée Globe sailboat race got underway yesterday with 33 racing yachts and a fleet of Highfield RIBs orchestrating the security and organisation of the start.
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NewsNew measures announced in France - FIN responds
Late last week the French government announced a new decree (No. 2020-1310) that ”prescribed the measures necessary to deal with the Covid-19 epidemic”. Article 46 of the decree states that while ‘beaches, bodies of water and lakes are open’ (unless the prefect decides otherwise in the event of non-compliance with ...
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NewsBetter than forecast results for Groupe Beneteau
The multi-brand French boatbuilder said the company is benefiting from its global, multi-segment positioning against the adverse environment of Covid 19
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