Acquisition is welcome news for Icon Yachts
Icon Yachts has received a welcome boost with news that it has been acquired by an, as yet, unnamed entity. The builder has recently been contenting itself with large scale refits, including that of 48m Feadship, 'Princess Too'.…
Dutch shipyard Icon Yachts has been purchased by an, as yet unnamed, entity. The yard, which is currently undertaking a substantial refit of Princess Too, has said the investment will both secure its future, and allow it to embark upon the pursuit of new build contracts.
Icon has been bereft of a new order since the launch of Maidelle in April 2012 and has focused primarily on major refit projects, with 48m Feadship-built Princess Too undergoing work since October 2013. But, in a statement issued to the industry, Icon’s CEO, Jen Wartena said the investment would allow the yard to move forward and revisit the new build market:
“This deal sees the marriage of new long-term committed investment with our proven capabilities at Icon Yachts. It's the strengthening of our financial backbone that we have been seeking since we embarked on our ambitious journey to create this forward-thinking shipyard. We are building increasingly larger and more technically challenging yachts up to 145 metres of the finest Dutch quality.”
SuperyachtNews.com contacted Wartena for further comment on the identity of the new owner but he was unavailable for comment.
Meanwhile work continues on Princess Too. According to project manager Leon Haas: “The co-cooperation with the captain and crew works very well, which aids us to perform our job both efficiently and at the best quality”.
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Icon has been bereft of a new order since the launch of Maidelle in April 2012 and has focused primarily on major refit projects, with 48m Feadship-built Princess Too undergoing work since October 2013. But, in a statement issued to the industry, Icon’s CEO, Jen Wartena said the investment would allow the yard to move forward and revisit the new build market:
“This deal sees the marriage of new long-term committed investment with our proven capabilities at Icon Yachts. It's the strengthening of our financial backbone that we have been seeking since we embarked on our ambitious journey to create this forward-thinking shipyard. We are building increasingly larger and more technically challenging yachts up to 145 metres of the finest Dutch quality.”
SuperyachtNews.com contacted Wartena for further comment on the identity of the new owner but he was unavailable for comment.
Meanwhile work continues on Princess Too. According to project manager Leon Haas: “The co-cooperation with the captain and crew works very well, which aids us to perform our job both efficiently and at the best quality”.
Work is ongoing on 48m Princess Too.
To receive breaking news notifications, download our free app.
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