GYG is a global market leading superyacht painting, supply and maintenance company, offering services throughout the Mediterranean, northern Europe and the USA.
The Company primarily trades under the Pinmar, Pinmar Yacht Supply and Technocraft brands, operating in both the Coatings (New Build and Refit) and Supply markets.
Pinmar was founded in Mallorca, Spain in 1975 as a specialist yacht painting company focused on the new breed of superyachts over 40m. In 2012 Pinmar merged with its main local competitor, Rolling Stock, to form GYG. During its 45-year history, Pinmar has expanded its operations to cover the major superyacht Refit locations across Europe and the USA as well as establishing partnerships with the largest New Build shipyards.
The Group also operates a specialist engineering company, Technocraft, that provides bespoke scaffold containment systems and yacht hardware removal and repair services to superyachts. These services form an integral part of the superyacht Refit process and enable Pinmar to offer a unique turnkey approach to superyachts and the Refit yards.
Remy Millott, CEO of GYG, provides insight on the recent decision to de-list from the AIM market of the London Stock Exchange.
Despite a number of industry-wide challenges, GYG's outlook remains positive…
Might a realignment of priorities allow the application process to reduce its waste significantly?
Despite a decrease in revenue caused by the COVID-19, improved efficiencies throughout the group have resulted in an improved adjusted EBITDA position…
Remy Millott, CEO of GYG, outlines the three pillars he believes will drive the coatings sector forwards…
With a record order book, GYG's large superyacht activity highlights how resilient the desire to yacht remains…
Despite the disruption caused by the COVID-19 pandemic, GYG expects to meet market expectations for 2020…