Earlier this week Chinese conglomerate, Lai Sun Group acquired 49.9% of Camper and Nicholsons International for €13 million in what became the latest deal in a series of yacht-related acquisitions led by Chinese beneficiaries.

The deal turned out to be a major financial success for Camper and Nicholsons' majority stakeholder, Colosseum Services, a Swiss luxury-goods company that had acquired the brokerage firm for a mere sum of €1 million following the liquidation of Rodriguez Group in 2014. It didn't however become the first time a struggling company in yachting was saved by Chinese behemoths.



In 2006, a time of unreal growth for the superyacht industry, Ferretti Group's production value increased to €770 million with a net profit of €25.3 million as the Italian company was preparing for its IPO. In 2007, Candover Investments led a leveraged buyout of Ferretti Group that put its value at €1.5 billion. The subprime crisis however hit the company hard in 2008 and forced it to restructure its €1.2 billion debt. In 2012, 75% of the company was sold to Chinese conglomerate, Weichai Group for €374 million.

Ferretti Group was however not the only company in yachting to be hit by the recession. After going through losses of £9 million in 2009, UK-based, Sunseeker restructured its debt and was taken over by FL Partners, an Irish private equity company. In 2013, it was however sold to the China-based, Wanda Group for around 300 million pounds.



Despite these companies being owned by Chinese groups, demand for yachts in Asia has remained low. Although a small increase in popularity can be seen in Southeast Asia with new cruising grounds such as Thailand opening up, different cultural habits and the lack of infrastructure have prevented superyachts from traveling to the area in masses.

There however very much remains a strong potential for yachting in China with over 1 million millionaires in the area according to the Hurun Wealth Report. Burgess Yachts, one of Camper and Nicholsons' competitors, has in fact reported the sale of the 60-meter AmelsEvent to a client in Asia in November 2015. Royal Huisman, a Dutch-based shipyard, announced at the Monaco Yacht Show last week that it was building an 81-meter schooner destined for Asia, sold through Northrop & Johnson.



The Asian market is in fact so attractive that some shipyards have set up shop in the region. Kingship started building superyachts in Hong Kong as early as 2004 and are currently working on their flagship 144ft Grand Voyager asking $16,900,000. HeySea Yachts, based in Guangdon are building a 40-meter catamaran for the CEO of the China Cup.

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Daroca Design Reveals Real: An 80-Meter Yacht Concept for Oceanco’s Simply Custom Collection
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Aiata Debuts Wayfinder 38 at Boot Düsseldorf 2025, Presenting Three Configurations
Aiata, a brand entering the boating market under the Turkish conglomerate Anadolu Group, will make its global debut at Boot Düsseldorf 2025. The show, held from January 18 to January 26, 2025, attracts over 250,000 visitors and more than 1,900 exhibitors worldwide. Aiata will present the Wayfinder 38 in three variations: Cabin, Open, and a specialized Fishing configuration derived from the other two models.The Wayfinder 38 is a 25-foot outboard walkaround designed by Finnish designer Jarkko Jämsén. Aiata states that this model “stands for flexibility, comfort and craftsmanship.” The Cabin version includes a wheelhouse layout with an L-shaped salon, integrated galley, Webasto sunroof, and air conditioning system. It offers teak furniture, a queen-size bed, an enclosed bathroom, and 2-meter ceilings. Its wheelhouse incorporates a lift-up mechanism connecting the interior and cockpit. The bow area features a U-shaped sofa with a hi-low table.The Open model is designed for a more outdoor experience, featuring a suntop and a continuous salon layout intended to create a seamless connection between interior and exterior spaces. Oak furniture complements the open deck.A Fishing configuration is also available, applicable to both Cabin and Open models. It includes a spacious foredeck sunbed and is described as ergonomic and intuitive, making it suitable for day cruises, watersports, or fishing activities. The Wayfinder 38 offers outboard engine options ranging from 300 to 425 horsepower.Yutkun TokYutkun Tok, General Manager of Aiata, said: “We are honored to participate in Boot Düsseldorf, a prestigious platform that celebrates the pinnacle of the boating world. The Wayfinder 38 embodies Aiata’s mission to deliver versatile, high-performance boats backed by the Anadolu Group’s legacy of innovation and excellence. For Aiata, this is a defining moment – not only because we are showcasing the Wayfinder 38, but because it reflects the expertise and unwavering commitment to quality that define the Anadolu Group. Aiata benefits from the financial strength and engineering excellence of Anadolu Group, ensuring every vessel we produce is a symbol of reliability, innovation, and craftsmanship. We look forward to sharing our passion for boating with enthusiasts from around the globe.”Credits: Aiata
Antonini Navi Completes Hull and Superstructure Joining for Seamore 34
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Sarp Yachts Reveals Interior Renderings of XSR 85 RPH
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2025 RORC Transatlantic Race: Multihull Class Pursues Ambitious Goals
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