ALUMARINE JOINS THE GRAND LARGE YACHTING GROUP

ALUMARINEGrand Large Yachting is internationally renowned for the quality of design and production of boats as reflected in its many international awards. The Group recorded an average annual growth of 40% since 2004 and exports around 70% of its production. Its consolidated turnover forecast for 2013 is € 14 million. Alumarine now joins this group with strong experience and significant resources that will bring a new dynamic. Marketing, sales and production synergies will be implemented quickly within the group. The experience gained from 10 years by Grand Large Yachting in terms of innovation, design, construction and quality offers great perspectives to Alumarine. The visibility and the Group’s global presence through its international sales network and Grand Large Services also opens new opportunities.

A strong positioning on Work Boats and Long Range Cruising boats Expert in the production of commercial vessels and cruising boats for more than 25 years, Alumarine mainly build working vessels for an international clientele. Suited for professional users, these boats are powerful, robust, able to be used everyday in the most extreme conditions. The shipyard also build custom sailing and power catamarans from 40’ to 100 feet. By joining Grand Large Yachting, Alumarine extends the Group’s products offer. With its brands Allures, Outremer and Garcia, Grand Large Yachting that targeted the Long range boats’ market, is therefore not only the leader of the French long range boats with a full range of monohulls and multihulls in aluminum, but also a key player on the market of commercial vessels. Bringing know-how and synergies, the Group intends to strengthen the market positioning of Alumarine on workboats which represents about 80% of its production (passengers, mooring, bathymetry, multiservices) and the innovative markets (Marine Renewable Energy, marine pollution clean-up…). The Alumarine offer of long range cruising catamarans in aluminum will also be developed linked to other shipyards of the Group. Alumarine will participate in upcoming trade shows and boat shows with Grand Large Yachting Group

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