Please select your home edition
Edition
upffront 2018 GFM 728x90

Continuous delivery resumed, Investor process started at Bavaria Yachts

by Bavaria Yachts 23 May 2018 12:10 UTC
Bavaria E34 Fly © Bavaria Yachts

Around four weeks after the start of the insolvency application process, the situation at Bavaria Yachts (Bavaria Yachtbau GmbH) has been consolidated.

Production has been stabilised and continuous deliveries have resumed: more than 30 yachts have left the shipyard in the last two weeks and have been handed over to customers. All 600 employees are engaged, agreements have been reached with all the key suppliers about further deliveries with short payment targets.

Managers and administrators have started an investor process in order to reset Bavaria Yachts for the future. The objective is to be able to present an investor in July 2018. "We are continuing business and we intend to go into the coming order season with a new investor. We have already received initial expressions of interest and we are also actively talking to potential investors," explains Dr. Tobias Brinkmann of Brinkmann & Partners, who has been called to the Board of Bavaria Yachts as a restructuring expert in the context of the self-administration process. Bavaria Yachts has given M&A consultants One Square Advisors a mandate to support the investor process.

Related Articles

Bavaria Yachts launches Bavaria C42
More volume and more performance thanks to chines and V-shaped bow Technical dataA modern, innovative hull shape with chines and a V-shaped bow developed by Bavaria Yachts guarantee both the best sailing performance and an unusually large amount of space below deck. Posted on 21 Nov
Bavaria Cruiser-Line new look for 2020 season
New highlights in the standard version and more variations for the interior The Bavaria Cruiser-Line is starting the 2020 season with its new look, new highlights in the standard version and more variations for the interior. Perfect sailing qualities and masses of comfort are included with Bavaria Yachts. Posted on 4 Sep
Performance Yacht Sales to unveil new Bavaria C57
The most advanced sailboat of its class, featuring a unique Vessel Management System The Bavaria C57 is the largest model of Bavaria's new performance cruisers line, designed by renowned yacht designer Maurizio Cossutti, aimed to simplify the sailing experience utilizing modern sailing techniques. Posted on 24 Jan
Bavaria Yachts relies on 100% Made in Giebelstadt
The future development of Bavaria is taking clear shape Bearing the seal of quality "Made in Giebelstadt", both sailing and motor yachts will be manufactured and handed over to customers in Franconia. Posted on 18 Oct 2018
Future of Bavaria Yachtbau secured
A private equity fund will continue Bavaria Yachtbau. A private equity fund advised by the German investment company CMP Capital Management-Partners will continue Bavaria Yachtbau. The subsidiary Bavaria Catamarans is also being acquired. Posted on 15 Sep 2018
Video Review of new Bavaria C45
Very fortunate to to be on the exceptionally new C45 for her maiden sail It is with many thanks to Ensign Ship Brokers that we were very fortunate to to be on the exceptionally new C45 for her maiden sail off Queensland's Gold Coast. Posted on 30 Jul 2018
40 years of yachting for Bavaria Yachts
40 years ago Winfried Herrmann began building boats in the Franconian town of Giebelstadt 40 years ago, the entrepreneur Winfried Herrmann began building boats in the Franconian town of Giebelstadt in southern Germany. And this in an entirely new manner. Posted on 17 Mar 2018
Bavaria Yachts counting on rising sales figures
Show nine catamarans, sailing yachts and motor boats at the Miami Boat Show Bavaria Yachts will show a total of nine catamarans, sailing yachts and motor boats from 15 to 19 February at its stand at Pier 8 NMMA Key Biscayne at the Miami International Boat Show. Posted on 10 Feb 2018
Bavaria C65 - Discover more on every ocean
Clear lines, flat wide deck and sporty rigging Bavaria Yachts' vision is to build the best yachts in their class. The BAVARIA C65 was developed with exactly this vision in mind. The designers, engineers and boat builders challenged this vision again and again at each development stage. Posted on 29 Jan 2018
Eight Bavaria world premieres at Boot Düsseldorf
The second largest boatyard in the world for series yachts has expanded With eight world premieres in all, the second largest boatyard in the world for series yachts has expanded and added to its existing range of catamaran, sailing yacht and motor boat models. Posted on 25 Jan 2018
Vaikobi 2019AUG - Footer 1GJW Direct - Yacht 2019 - FooterGrapefruit Graphics 2019 - Footer