Seascape joins Groupe Beneteau
On July 9, 2018, Groupe Beneteau became the majority shareholder with a 60% stake in the Slovenian company Seascape d.o.o., specialized in designing, building and marketing performance sailing yachts. The yard’s founders, Andraž Mihelin and Kristian Hajnšek, will continue their adventure alongside the Group and retain 40% of the capital. Seascape d.o.o. will be included in the Group’s scope from its acquisition date.
Founded in 2008 by two Mini Transat Class sailors, Seascape has in just 10 years become a leader in the transportable performance cruiser segment. With their innovative design and advanced ergonomics, these affordable performance sailing yachts combine great sensations and speed with easy use and simple transportation. They offer multifunctional and adaptable designs, covering a range of sailing programs, from regattas to family trips and raid events.
Seascape currently offers four models, from 4.3 to 8m, designed by renowned architect Sam Manuard. The yard generated revenues of €4.2 million in 2017. This acquisition is in line with the strategy to ramp up the product range with Groupe Beneteau's Transform to Perform strategic plan. It will further strengthen the Group’s global leadership in the liveaboard monohull sailing segment by including performance cruisers.
“Our acquisition of a stake in Seascape will enable us to offer a selection of small sailing yachts designed for both novice sailors and enthusiasts, often younger and first-time buyers”, explains Hervé Gastinel, Groupe Beneteau CEO.
“Our commitment to our Seascape owners and community remains the same: we will continue to develop sailing boats, events and services in line with the spirit that has been central to our brand’s success, while benefiting from Groupe Beneteau’s global scale and expertise”, adds Andraž Mihelin, Seascape CEO.
The philosophy behind the Seascape brand is simple: to create the best possible interface between people and nature. More than its products, Seascape lives through its owners, its events and everyone looking to push their comfort zones or enjoy unique moments with their family and friends. Seascape is committed to delivering performance for sailors.
About Groupe Beneteau
Founded in Vendée 140 years ago by Benjamin Bénéteau, Groupe Beneteau is today a world leader in the boating industry. With an international industrial presence spanning 16 production sites and a worldwide commercial network, the Group generated revenue of €1 billion in 2024 and has a workforce of more than 6500 employees mainly in France, United States, Poland, Italy, Portugal, and Tunisia.
True to its mission – Bringing dreams to water – Groupe Beneteau designs and builds boats and services to make every experience on the water truly unique. Through its nine brands, its Boat division offers more than 135 boat models craft to meet the diverse needs and sailing projects of its customers, whether sailing or motoring, monohull or catamaran . Through its Boating Solutions division, the Groupe Beneteau is also involved in services covering daily or weekly boat hire, marinas, the digital sector and financing.
Assets
12 July 2018
Seascape 24
12 July 2018
180712 Seascape joins Groupe Beneteau Press Release
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