A French industrialist is the new owner of Couach.
According to several news reports in France, Fabrice Vial, the founder and chairman of Groupe Vial, acquired ownership after a ruling by the commercial court of Bordeaux. Although there’s no official statement on Groupe Vial’s Web site about the acquisition, it’s interesting to note that the company manufactures and distributes aluminium, PVC, and wood products for doors, windows, gates, and related items, through suppliers as well as its own stores.
The megayacht yard, which couldn’t pay its creditors earlier this year, will now reportedly be known as Chantier Naval Couach, or CNC. The news reports state that Vial will endeavor to keep all employees on staff, many of whom were furloughed for the past several weeks. The articles also state that the yard will continue work on two 50-meter (164-foot) and two 37-meter (121-foot) superyacht projects, set for delivery next year.