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14 Nov 2016
By GYG plc

PRESS RELEASE

 

Global Yachting Group appoints Fides Nautical Advisory as sales agency to support its strategic growth plans in the European Superyacht finishing market

 

Palma, Mallorca, 14th November 2016:  The Global Yachting Group (GYG) has announced the appointment of Fides Nautical Advisory (FNA) as sales agency partner for Europe. Fides Nautic based in Monaco brings over 30 years of experience in the high end nautical sector leveraging an established network of senior industry decision makers including leading designers, architects, yards and management companies throughout Europe.

 

The sales representation service will be led by FNA directors Marco Massabo and Marco Meneghini who are both experienced operators in the Superyacht market. Marco Massabo is a 30 year veteran salesman having been instrumental in the commercial development of Wally Yachts, Mariotti Shipyards and Cantalupi Lighting. Marco Meneghini has 20 years’ experience in sales network development and marketing strategy at Nautors Swan, San Lorenzo and Monaco Marine.

 

Commenting on the appointment by GYG Marco Meneghini said: “We are proud of being part of GYG’s team. We strongly believe in the values and quality of the services the group provides to the yachting industry. It is our goal and mission to reach out to all our colleagues and clients in order to work together giving the highest level of support to the ever increasing global yacht fleet through the solidity and experience of GYG.”    

 

GYG with its industry leading brands of Pinmar and Rolling Stock has established its position as the world´s largest specialist yacht painting and finishing company.

Headquartered in Palma, Mallorca and a large operation in Barcelona, GYG specialises in painting and maintaining superyachts, and operates across Europe the United States and shipyards around the world. It has provided services to many of the world’s most high profile superyachts. 

 

Since successfully securing private equity investment in March 2016, GYG has adopted an ambitious strategy to deliver growth in its core European new-build and refit markets. The appointment of FNA is a key component in the execution of this strategy with a brief to expand GYG´s presence in the leading European new-build yards and to drive sales across the Mediterranean refit sector.

 

Remy Millott, Executive Chairman of the Global Yachting Group, said: “We are excited to have FNA on board as our exclusive external sales agent. I am confident that both Marco and Marco will work well as a key part of the GYG commercial sales team and will help us grow market share in the highly competitive European markets.”

 

Rupert Savage, Group CEO of the Global Yachting Group, said: “The “Marco´s” are well respected in the industry and we are looking forward to working closely with them to help develop new commercial relationships and to achieve our goals”

 

This appointment means GYG will have a permanent presence and office in Monaco, a core and strategic location for superyacht management companies and owners representatives. 

 

Ends

 

For more information please contact:

Remy Millott, Executive Chairman, Global Yachting Group

Mob: + 34 609 350541

Email: remy@gygroup.com

 

Rupert Savage, Group GEO, Global Yachting Group

Mob: +34 619 863219 

Email: rupert@gygroup.com

 

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