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Privilège Marine and Hanse Yachts: it's all over!

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The specialist in high-end semi-custom catamarans based in Les Sables d'Olonne on France’s Atlantic coast was at the time facing a mini-crisis in growth, that justified the merger with a major German industrial group - the Hanse group in fact owns 6 brands of sailboats and powerboats, all monohulls. Taking on Privilège Marine gave them the opportunity to establish themselves in the very buoyant cruising catamaran sector. Sadly, 36 months later, the expected synergies between the various builders have not yet materialized despite Privilège's workforce having doubled and the range being renewed. Against this background, Gilles Wagner, CEO of Privilège Marine, will likely take over the helm of the shipyard thanks to the support of co-investors who own Privilège catamarans, demonstrating that good relations with customers can open up all manner of perspectives... The agreement could be concluded in July to take effect in October.

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