MarineMax, the world’s largest recreational boat, yacht, and superyacht services company has announced that Fraser Yachts, its wholly owned subsidiary, has executed a definitive agreement to acquire a controlling interest of Atalanta Golden Yachts.
his strategic integration merges the expertise of AGY, led by founding member Popy Kaia, with Fraser Yachts Greece, under the guidance of Vassilis Fotilas. Fraser Yachts and its parent company, MarineMax, Inc. (NYSE: HZO), aim to enhance their collective capabilities and offer unparalleled regional and local insights to yacht owners, charter clients, and industry stakeholders.
Atalanta Golden Yachts, established in 2006, stands as a premier yacht management and sales firm. We have an unparalleled network of relationships in the superyacht world and our proficiency encompasses luxury charters spanning from the Mediterranean and the Red Sea to the Caribbean. Boasting an impressive fleet of superyachts, the foundation of our legacy rests upon trust and expertise, with yacht owners confidently placing their vessels in our care.
John Dragnis, principal shareholder of AGY, retains a significant interest in the newly combined operation. After a transitional period, the merged companies will operate as Fraser Yachts Greece as part of the broader Fraser Yachts Group. Greece, with over 2,700 days booked for 2023, remains the world's premier charter destination.
Brett McGill, MarineMax Chief Executive Officer and President, highlighted the value of AGY's client network and relationships in expanding their luxury yachting offerings. John Dragnis expressed excitement about the growth opportunities created by this partnership. Vassilis Fotilas, Managing Director of Fraser Greece, emphasized their shared commitment to professionalism and client service.
https://www.fraseryachts.com/,https://yachtharbour.com/,https://investor.marinemax.com/overview/default.aspx
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