With reference to the recent correspondence as well as discussions in connection with corporate activity at the prominent UK luxury yacht shipyard Sunseeker, it has been announced that following the approval by the relevant Chinese regulators, the acquisition of Sunseeker by Dalian Wanda Group has been completed this week.
37m luxury charter yacht Devocean built by Sunseeker
As previously confirmed and as part of this transaction, Sunseeker will remain a British company, headquartered in Poole and will maintain its existing primary production base in Dorset, along with its current workforce and infrastructure.
The existing management team will remain on the Sunseeker Boards and Robert Braithwaite, the founder of the company, will continue to be involved in the business and remain as Group President. Robert and Sunseeker’s management team have made a significant reinvestment in the business, providing continuity and a strong platform for the new model programme currently being developed in Poole.
The new majority shareholder, Dalian Wanda Group, China’s largest premier commercial property and entertainment conglomerate, supports Sunseeker’s commitment to superior products and its premium brand, both of which will be further enhanced by their involvement in the business.
This is fantastic news for the business, the wider Sunseeker family, the motor yacht industry and will allow Sunseeker to expand its global base still further while retaining its current operational and manufacturing infrastructure at the headquarters in Poole.
