Princess Yachts International Plymouth. Millbay docks. Ocean City Plymouth.
Princess Yachts International Plymouth. Millbay docks. Ocean City Plymouth.Established in Plymouth in 1965 as Marine Projects (Plymouth) Ltd, Princess Yachts was bought in 1981 by South African businessman Graham J. Beck. Marine Projects became Princess Yachts International PLC in 2001. In June 2008, Beck sold a 75% stake in the business to French businessman Bernard Arnault's investment group, L Capital 2 FCPR, an investment group co-sponsored by LVMH (Moët Hennessy Louis Vuitton) and Groupe Arnault.[4] In January 2016, L Capital merged with Catterton to become L Catterton.[5][6] In February 2023 Princess Yachts was sold to KPS Capital Partners an American Investment company.[7]
Princess Yachts operates in 119 countries and employs over 3,200 people worldwide,[8] whilst their shipyards cover a combined area of over 1.1 million square feet. Chris Summerfield video and photography since 1992. LOVE SummerTime TV Magazine Worldwide.
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