- Business - Royal Huisman acquires minority share in P&G


Royal Huisman acquires minority share in P&G

Royal Huisman, the Dutch sailing yacht specialist, has acquired a minority share in P&G Yachting. The move gives Huisman a permanent presence in Palma de Mallorca.…

On 26 July, Royal Huisman, the Dutch sailing yacht specialist, announced that it had acquired a minority share in P&G Yachting, the Palma de Mallorca-based yacht servicing business, in order to bolster its presence in Palma, a hub for sailing yacht activity. P&G Yachting offers refit and maintenance management, spare parts and temporary importation services.

“We purchased a minority stake in P&G Yachting because it is well established, it has been actively engaged with the market for a long time now, and we have been collaborating well with one another,” says Roemer Boogaard, managing director of Royal Huisman. “Our aim is to support our superyacht owners throughout the entire lifecycle of their vessels, Huisman for new build, Huisfit for refit and P&G Yachting for servicing in Palma. We are also aiming to add a servicing element of the business to the Caribbean.”

“After many years of working closely with Royal Huisman and Rondal we feel that this is a natural step that will add immense value to our respective clients,” adds Alisdair Galbraith, managing director of P&G Yachting.

This news follows a busy period of expansion for Royal Huisman. In November 2016, Huisfit, the refit arm of Royal Huisman, announced that it had secured exclusive access to deep water facilities at Emden Dockyard, Germany.

Boogard explains that, thanks to its sustained success, P&G Yachting will continue to operate under the same name and brand. The hope is that this will also clarify that P&G Yachting’s services are not for the exclusive use of Huisman owners, but for any superyacht that requires them. It is hoped that the combined knowledge and expertise of Huisman, as well as its sister company Rondal, and R&G Yachting will complement each other nicely.

Palma was deemed to be the logical first step for Huisman in a servicing capacity because of its renown within the sailing yacht community. “A lot of our sailing vessels are based in Palma and STP Mallorca has fantastic refit facilities,” says Boogaard. “We considered a number of strategic locations, Italy, France, Spain and others, but we decided that Palma would be the best. We are definitely looking at the Caribbean, but that depends on the success of Palma.”

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Royal Huisman acquires minority share in P&G


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