Camper & Nicholsons under new management

Sep 15, 2014 by Guest Writer

Camper & Nicholsons International has been acquired by Colosseum Services SA, an investment vehicle of a Swiss-based family office.


The transaction was originated by Brook Hazelton, former CEO of Phillips, the international art auction house, and Eric de Saintdo, former CEO of Camper & Nicholsons International and of the Festival International de la Plaisance (now Cannes Yachting Festival).


Earlier this year, they partnered with Colosseum to secure the financial backing necessary to take over the company.


“We are delighted to have new investors committed to growing and developing the Camper & Nicholsons International brand into the future,” COO Laurent Perignon said in a company statement. “In particular it is pleasing that our new shareholders have a long and proud history. We look forward to taking our organization to even greater heights in the coming years and to demonstrating that ultimately good customer service, integrity and honesty are the values that superyacht owners appreciate.”


In related news, the brokerage has recently sold the 213-foot (65m) Feadship M/Y Pestifer by brokers Alex Lees-Buckley and Rytis Babravicius, the 112-foot (34m) Leopard M/Y Mariellina Gio Gio by broker James Rayner, the 99-foot (30m) M/Y Paloma, and the 82-foot (25m) M/Y First Episode built by Amer by brokers Foulques de Raigniac and Adam Papadakis.


New to the brokerage firm’s new central agency listings for sale are the 175-foot (53m) M/Y Tales by Proteskan Turquoise Yachts, the 170-foot (51.7m) sloop S/Y Red Dragon built by Alloy Yachts, the 162-foot (49m) Christensen M/Y Remember When, the 147-foot (45m) M/Y Bravado built by Abeking & Rasmussen, the 135-foot (41m) build project CR-41 from Hakvoort, and the 104-foot (32m) M/Y Mach One.


The brokerage also has listed the historic 244-foot (74m) U.S.S. Williamsburg for as a “charming refit project” for sale.


The 83-year-old, steel-hulled Williamsburg was built by Bath Iron Works in Maine for Hugh Chisholm Jr., the son of a paper industry magnate, and later served President Truman as a presidential yacht. It was also once by the U.S. military as a patrol gunboat. It now sits rusty and dilapidated in the Navalmare shipyard in La Spezia, Italy, which owns it.


“It’s in a dreadful state, an absolutely dreadful state,” CNI broker David Seal told the Portland (Maine) Press Herald.


It is listed at $55.5 million, the newspaper reported, which includes refitting the vessel into a “high-end luxury yacht” based on designs that already have been drafted. Seal estimated the price to repair just the hull and superstructure at $13 million to $14 million.


To read more about its history, visit www.pressherald.com and search for “USS Williamsburg.”


The company also added to its charter fleet the 190-foot (58m) M/Y Illusion I in the Caribbean and Bahamas this winter.

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