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Famous British Boat Builder Sunseeker Sold to US and Italian Private Equity Companies [Video]

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Venture Capital

Sunseeker International has announced that it has been sold in a joint Italian and American purchase. MBY’s editor, Hugo Andreae reports on the sale

British boat builder Sunseeker International has been bought by two different private equity companies – Lionheart Capital and Orienta Capital Partners. The two new shareholders have acquired the famous British brand for an undisclosed sum from former Chinese owners the Dalian Wanda Group.

Although Lionheart Capital is based in the US and Orienta Capital Partners is based in Italy, the new partnership has vowed to maintain Sunseeker as a British brand and boatbuilding powerhouse. Production will remain at the yard’s facilities in Poole, Dorset.

Current CEO, Andrea Fabretti, and Sunseeker’s board of directors will stay on for the time being under the auspices of new Sunseeker Chairman Giancarlo Galeone, one of Orienta Capital’s senior partners.

Galeone has extensive experience of the boat building industry having served as CEO of the FerrettiGroup …

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