LE MAG J&A

LE MAG J&A

Fountaine Pajot acquires La Chevrolière plant

Deals / 17 June 2024

Fountaine Pajot, a leader in pleasure boat design, has acquired a Loire-Atlantique supplier to develop the interior outfitting of its sailing yachts. The company, advised by Joffe & Associés (Christophe Joffe & Rudy Diamant), is integrating a factory belonging to the Malvaux Industries group.

Read the original article on ActuNews Wire here.

 

Fountaine Pajot, a leader in pleasure boat design, has acquired a Loire-Atlantique supplier to develop the interior outfitting of its sailing yachts. The company, advised by Joffe & Associés (Christophe Joffe & Rudy Diamant), is integrating a factory belonging to the Malvaux Industries group.

 

After a first half-year marked by an increase in sales of almost 33.2% over the same period last year, Fountaine Pajot is increasing its capacity by taking over the design activities of the La Chevrolière site, acquired from the Malvaux Industries group. This acquisition is designed to strengthen Fountaine Pajot’s position in the market for the design and manufacture of boat interiors for all of its products. The site covers 8,000 m² of industrial buildings, equipped with digital machines, and employs around sixty people.

 

Nicolas Gardies, Managing Director of Fountaine Pajot, told Les Echos magazine: “By acquiring this joinery, Fountaine Pajot is acquiring a tool and expertise developed by Malvaux Industries. This know-how is key in the value chain of boat development. This acquisition strengthens the Fountaine Pajot Group.

 

In 2024, Fountaine Pajot sets itself apart with the commercial launch of its hybrid electric solutions and the marketing of Thira 80, the new flagship of its range. Two examples of this luxury yacht, a 24-meter-long giant and the largest sailboat ever built at the Aigrefeuille shipyard, will be ready by the end of August from the workshops refitted for their manufacture.

 

Fountaine Pajot is also pursuing its growth ambitions with a 16 million euro investment plan for the year. Of this sum, 6 million will be devoted to the development of new boats, and 10 million to strengthening industrial capacities.

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