American fund KPS sets sail with purchase of British yachtbuilder Princess
Britain's biggest luxury yacht-builder is being sold to new private equity backers 15 years after it last changed hands.
Sky News has learnt that Princess Yachts, which is based in Plymouth, is being sold to KPS Capital Partners, a US-headquartered investor which specialises in owning manufacturing businesses.Among KPS's previous investments was TaylorMade, the global golf equipment maker. Princess was put up for sale last year even as a string of the world's most valuable private vessels were being seized by governments clamping down on their sanctioned Russian owners.The yacht-builder was founded in 1965, and distributes through a 50-strong global network.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
These Chelsea boots are a Princess Kate staple – we’re calling itFollow Princess Kate’s lead and invest in a pair of her favourite dog walking boots, the Blundstone Chelsea Boot. Shop Princess Kate’s favourite ankle boots
Weiterlesen »
One-legged British crime boss Richard Wakeling arrested in Thailand after five years on the runWakeling, originally from Essex, was sentenced to 11 years in his absence after he tried to import £8m of liquid amphetamine into the UK in April 2016.
Weiterlesen »
14 brilliant new British hotels for £160 a night or lessA Margate seaside property, glamping on Skye, new London and Manchester outposts of on-trend chains and countryside escapes are among the mix
Weiterlesen »
Prince William and Princess Kate have royal fans saying the same thing after latest outingPrince William and Princess Kate recently headed down to cornwall for a stunning royal engagement - and fans are all saying the same thing. See photos.
Weiterlesen »
Princess Andre branded the 'spitting image' of mum Katie Price in new clipKatie Price's eldest daughter Princess Andre has been hailed as the 'spitting image' of her famous mum in a new video, which Katie recently shared on Instagram
Weiterlesen »
American tourist tries first ever Greggs and the response is X-ratedDavid Turek also shared his views on roast dinners, fish and chips and black pudding
Weiterlesen »