"I confirm our excitement with this acquisition and wish to thank everyone involved in the negotiations", Giori said of the deal.
Camper & Nicholsons Designs Ltd. (C&ND) owns the rights to all the registered trademarks of the Camper & Nicholsons brand, in all categories. C&ND provides agreements to the group of trading companies currently licensed to use the Camper & Nicholsons name.
Commenting on the significance of the move, Payne explained, "This acquisition is a major step forward in the development and future prosperity of the Camper & Nicholsons-branded companies.
George Nicholson added, "I am delighted with the powerful initiative that has been taken. The brand will be stronger and the acquisition is a consolidation that leads to the enhanced future of the C&N branded companies."
If you've found this story to be 'a report worth reading' and you would like to enjoy access to even more articles, insight and information from The Superyacht Group, then you may well be interested in our print subscription packages, which include the most comprehensive and up-to-date information on the state of the superyacht market. Subscribe here, to these 'Reports Worth Paying For'