Harman Patil (Editor)

HanseYachts

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Type
  
Public

Industry
  
Boat building

Founder
  
Michael Schmidt

ISIN
  
DE000A0KF6M8

Headquarters
  
Greifswald, Germany

Founded
  
1990

HanseYachts httpsuploadwikimediaorgwikipediacommons22

Area served
  
Europe, North America, South America, Asia, Australia, New Zealand

Key people
  
Gert Purkert (Chairman of the Supervisory Board) Jens Gerhardt (CEO) Sven Göbel (CFO)

Products
  
Sailing yachts, motor yachts

Stock price
  
H9Y (FRA) € 5.60 0.00 (0.00%)15 Mar, 8:03 AM GMT+1 - Disclaimer

Subsidiaries
  
Dehler Yachts, Premier Yacht Sales Ltd.

HanseYachts is a German yacht manufacturer headquartered in the city of Greifswald (Baltic Sea). Boats are sold under the brands Hanse, Dehler, Moody and Varianta (sailing yachts) as well as Fjord and Sealine (motor yachts). HanseYachts is cooperating with the yacht designers Patrick Banfield, Bill Dixon and Judel/Vrolijk & Co. The corporate group is named HanseGroup.

Contents

Corporate affairs

HanseYachts has its main manufacturing site in Greifswald and a subsidiary for hull production and pre-assembly in Goleniów, Poland. The production halls provide a total area of approximately 330,000 sq ft (Greifswald ca. 200,000 sq ft, Goleniów ca. 130,000 sq ft). In terms of units produced, HanseYachts is one of the three largest manufacturer of seagoing sailing yachts globally. Sailboats account for about 70 percent of revenues, powerboats for about 30 percent. HanseYachts produces monohulls only.

The company is quoted on German stock exchange.

Founding and rise (1990-2007)

HanseYachts is originated in an old-established repair yard located in Greifswald. The today’s company was founded in 1990 by Michael Schmidt, the winner of the 1985 Admiral's Cup. The launch of the first model Hanse 291 (which based on the design of the Aphrodite 291) followed in 1993. In the years to come, the company successively extended the range upwards and grew rapidly. In 1999, HanseYachts and the German yacht designers Judel/Vrolijk & Co started their still existing collaboration. In 2003, the range comprised eight models up to 53 ft. In 2007, HanseYachts AG went public (General Standard, Frankfurt). Founder Michael Schmidt remained majority shareholder.

Brand acquisitions and powerboat market entry (2006-2009)

For more than a decade, HanseYachts built sailing yachts only. In 2006, the majority of Norwegian powerboat manufacturer Fjord Boats AS was acquired, and the development of seagoing powerboats began. In 2007, the English Moody brand (sailing yachts) was added, and the creation of a new range of decksaloon and aftcockpit models began. Furthermore, HanseYachts bought the remaining shares in Fjord Boats AS and introduced the first new Fjord model (Fjord 40 open) to be produced in Greifswald. In 2008, the company completed the enlargement of its plant in Greifswald and the construction of a new production facility in Goleniów. In 2009, HanseYachts purchased its German competitor Dehler Yachtbau comprising the brands Dehler and Varianta as well as a production facility located in Freienohl, Germany.

Crisis, change of ownership and recovery (2007-present)

In the wake of the financial and economic crisis 2007/08, the company came under pressure which resulted in the retirement of Michael Schmidt in 2011. The majority was taken over by German Aurelius AG, Munich. At the end of 2012, HanseYachts closed the Dehler factory in Freienohl and relocated the entire Dehler production to its main site in Greifswald. In 2013, HanseYachts parent company Aurelius AG purchased the English Sealine brand (motor yachts) together with plans and moulds for three models. In 2014, HanseYachts started to produce Sealine yachts.

Sailing yachts

Naval architects: Judel/Vrolijk & Co (Hanse, Dehler, Varianta), Bill Dixon (Moody)

Motor yachts

Naval architects: Patrick Banfield (Fjord), Bill Dixon (Sealine), Carsten Astheimer (former Sealine Design Team)

References

HanseYachts Wikipedia