Jongert Bought by Acico Yachts—and Keeps Name

In corporate takeovers, the more well-known brand name typically becomes the name for the newly formed company. This also typically holds true even when that name is the one of the company being acquired. It should come as no surprise, then, that despite Jongert having just been acquired by Acico Yachts, the blended Dutch companies Continue reading

Palmer Johnson Taking Over Holland Jachtbouw

UPDATE, SEPTEMBER 25, 2015: A spokesperson for Holland Jachtbouw tells us that Palmer Johnson did not acquire the yard. We have asked what the business arrangement between the two companies is, but have not received a reply. Read on for the original article.   Following its announcement earlier this month that it is moving all Continue reading

Palmer Johnson Leaving USA, Opening Dutch Yard

Palmer Johnson, the shipyard founded on the shores of Lake Michigan in 1918, is closing its American operations and shifting all construction to Europe. The move comes as a result of what the company tells the yachting media is strong interest in its SuperSport series (above). Those yachts are made of carbon composite and featuring Continue reading