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Global Yachting Group forms

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Palma-based Pinmar and Rolling Stock have combined some of their expertise and formed a new company, Global Yachting Group. The companies will continue to operated independently, with the exception of scaffolding and supply.

Rolling Stock Chandlery and Pinmar Supply will merge and trade under the name of Pinmar Supply SL. Pinmar Covering and Techno Craft SL will merge under the name of Techno Craft SL.

Global Yachting Group aims to leverage its workforce to execute ever larger new build, refit and supply-related projects. The group will focus on real estate interests in refit facilities, yacht finishing, supply (retail and distribution), scaffolding and covering, blasting and surface treatment, concierge and advisory services.

“I believe this is one of the most important joint ventures in our industry to date,” said Remy Millott, CEO of Pinmar. “It creates a strong infrastructure, with wide geographical coverage, able to deliver a full range of high quality services to the growing yacht market with its varying project sizes and demanding deadlines.”

For more information, visit www.globalyachtinggroup.com

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