Takeover of Green Marine by Vitters Shipyard

Vitters Shipyard is an established and respected name in the world of yacht building. Since 1990, the Zwartsluis shipyard has won a range of international awards for the yachts it has built. They are designed by the world's best architects and constructed by a team of skilled and experienced yacht builders.

Based in Lymington in the UK, Green Marine Ltd was founded by Bill Green and Ian King in 1982. Green Marine Ltd is a boat and yacht builder that specialises in advanced composite projects, such as the 'Pirates of the Caribbean' and the 'Ericsson', which took part in the Volvo Ocean Race and the 'Prada' and the 'Mascalzone' which raced in the America's Cup. They also build high-performance yachts including the 'Leopard', 'Ghost' and 'Cinderella'.

The takeover by Vitters Shipyard is a guarantee that the construction of impressive yachts of this kind will continue.

The AKD team was led by Carlos Pita Cao.
Dundas & Wilson carried out the legal due diligence and gave advice with regard to how the transaction was affected by UK law.