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Palma-based Global Yachting Group (GYG) — parent company of Pinmar, Pinmar USA, Rolling Stock, Pinmar Supply and Techno Craft — has acquired a majority stake in the French superyacht finishing company ACA Marine.
Based in La Rochelle and founded by Chris Atkinson in 1997, ACA Marine is a fairing, painting and finishing company. Atkinson and fellow director Nick Carter will remain as executive directors and significant shareholders.
The company has completed a number of major projects in the past two years. It employs more than 180 technicians in shipyards in France, Germany, Holland and the UK.
“We are delighted to become a part of the Global Yachting Group as it will enable us to compete more effectively in both the refit and new build sectors whilst retaining our reputation for delivering a high quality service to our clients,” Atkinson said. “We have developed a strong market niche for ACA Marine, which we will continue to operate from within the GYG portfolio. With the strong financial backing of GYG and the access to additional technology and resources, I foresee a very exciting future for ACA Marine.”
ACA Marine will operate as an independent business unit within GYG. Carter, who has been running the day-to-day business for two years, will become managing director.Atkinson will operate as technical and commercial director and drive business growth.
GYG specializes in painting and maintaining superyachts, and operates in shipyards around the world. It has provided services to many of the world’s most high profile superyachts.
For more, visit www.globalyachtinggroup.com.