Shipbroking house Barry Rogliano Salles (BRS), parent company of Yachting Partners International (YPI), has purchased all remaining YPI shares to become outright owner of the luxury yachting group.
BRS director and shareholder Philippe Hetland Brault has been named YPI CEO. Bertrand Vogèle, who was CEO the past four years, has stepped down.
BRS has offices in 12 countries with a shipbroking presence in China since 1998.
“We firmly believe in the potential of that region, which is why we launched YPI Asia, Brault said. “We intend to reinforce the synergies between BRS and YPI and will be making sure that YPI’s clients may enjoy the benefits of both YPI’s 40 years of luxury yachting and BRS’ outstanding international presence in shipbroking, shipbuilding and sales.”