Sat, Jul
42 New Articles

KZP and CG Law Advise on Sale of Delphia Yachts to Groupe Beneteau

KZP and CG Law Advise on Sale of Delphia Yachts to Groupe Beneteau

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kochanski Zieba & Partners has advised French Groupe Beneteau, a sail and powerboat manufacturer company, on an agreement with Polish yacht producer Delphia Yachts regarding the sale of its design, building, and marketing operations for sailing and motor yachts under the Delphia Yachts and Maxi Yachts brands. Delphia was represented by CG Law.

This acquisition was made through a Polish entity in which Delphia Yachts will retain 20% of the capital.

According to KZP, “founded in 1990 and based in Olecko, Delphia Yachts is now one of Central and Eastern Europe’s leading boat builders.” Since 1990, it has built over 25,000 units. In 2017, it recorded revenues of PLN 130 million, with PLN 9 million in income from ordinary operations, and it currently employs 670 people.

Groupe Beneteau is a global boating company that was founded in 1884. It has over 27 production sites and 19 boatbuilding sites worldwide, and employs over 7,000 people. Through its Boat division’s ten brands it offers over 200 recreational boat models.

The acquisition of Delphia Yachts’ business will be completed within the next few months, subject to regulatory approval

Herve Gastinel, Groupe Beneteau CEO, stated: “To support its development on the dynamic and strategic segment for outboard motorboats and small sailing yachts, Groupe Beneteau will be able to capitalize on Delphia Yachts’ industrial capacity and expertise. This acquisition will further strengthen the group’s solid positions and is in line with its long-term strategy for sustainable and profitable growth.”

KZP’s team was led by Partners Pawel Cholewinski and Gabriel Olearnik, and included Senior Associate Kacper Czubacki and Associates Edyta Rekawek and Piotr Zabkiewicz.

The CG Law team was included Partner Tomasz Siembida, Attorney-at-Law Tomasz Maslak, and Associate Bartosz Lewandowski.

Editor's Note: After this article was published, CEE Legal Matters was informed that Dechert's Paris office served as lead counsel to Groupe Beneteau. The firm's team included Partner Ermine Bolot and Associate Benhouda Derradji.


Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue