“The significant rise of the semi-custom sector due to changing economic conditions and evolving yacht building practices has re-drawn traditional market boundaries over the last decade and there is no longer clear water between the semi and fully custom sectors”, said Burgess group sales director, Tim Wiltshire.
“Today’s move will therefore cohesively combine the expertise of our energetic OceanStyle team with the global power of the Burgess brand in further expanding the fast-growing semi-custom market sector. We are confident that this strategic step will enable our teams across all ten Burgess offices to optimise our service deliverables to clients across the group”, Wiltshire added.
Former OceanStyle director, Richard Lambert has rejoined Burgess as a senior sales broker with a semi-custom focus after a spell at British production builder, Princess Yachts.
Lambert’s track record at the smaller end of the LOA spectrum is likely to be an asset in what has become a very competitive sector in recent years, thanks to a substantial inventory of very aggressively priced second-hand superyachts. However, a media statement issued by Burgess read, ‘this latest initiative will consolidate the group’s market share in this dynamic sector, extending its full service offering to all quality yachts over 30m.’