Privilège set to strengthen AURELIUS in the maritime sector
- Privilège set to strengthen AURELIUS in the maritime sector
- Brand portfolio of AURELIUS subsidiary HanseYachts AG to be complemented
- Takeover of the Privilège shipyard in Les Sables-d’Olonne (France)
- Philosophy and production process of HanseYachts and Privilège very similar to a large extent
Munich/Greifswald, 19 May 2017 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has acquired a majority stake in French catamaran builder Privilège. With the exception of CEO Gilles Wagner, who will remain in office, all previous owners have sold their shares. Privilège will continue to exist as an independent brand. There are major synergies with AURELIUS group company HanseYachts AG, and the new equity investment allows AURELIUS and HanseYachts to enter the high-growth catamaran market. HanseYachts will thus market seven world-renowned sailing boat and motor yacht brands going forward. Privilège and HanseYachts have the same concept when it comes to building boats: Both build premium-segment owner yachts that are sporty, luxurious and above all else particularly seaworthy. The location of the Privilège shipyard in Les Sables-d'Olonne (France) is to be maintained and expanded. The aim is to combine the expertise of HanseYachts in the series production of yachts with the catamaran-building experience of Privilège in order to make the Privilège brand one of the world’s most successful luxury catamaran brands. All yachts currently being built by Privilège will be handed over to their owners as planned, and all current models will continue to be available for order.