Family-run Euroyachts has been acquired by Yachts.co

United Kingdom
20th November 2020

Family-run Euroyachts has been acquired by Yachts.co

boat dealer and broker
Business Type: Boat Sales, Vessel Broker

Euroyachts, the long-established Scottish boat dealer and broker, has been sold to Yachts.co as part of the Swansea-based Jeanneau dealer’s UK expansion plan.

Originally based on the Clyde in Glasgow, Euroyachts was established in 1965 by Ronnie Scott, who pioneered the import of pleasure craft to the UK by introducing the East-German Folkboat, making owning a yacht and sailing more accessible to many, whilst becoming a well-known boat dealer and broker.

The acquisition by Yachts.co, for an undisclosed six figure sum, means that Euroyachts will cease to be owned by a member of the Scott family for the first time in 55 years.

The firm went on to become dealers of many popular brands, but is best known for its 40-year plus relationship with Jeanneau, which makes it one of longest-serving Jeanneau dealers in the world. Euroyachts distributed Jeanneau products on an exclusive basis in the UK from 1978 to 1993. Other business interests include brokerage operations and engineering services.

Since 1994, the firm has been run by Ronnie Scott’s son, Angus, who has worked in the business since 1981. He made the move of the main premises from Glasgow city centre to the first, and still only, custom-built boat showroom of its scale in the UK, at Largs Yacht Haven. The firm also operates from Troon Yacht Haven.

Angus Scott commented:

David Noble, who has been with the company since 2001, will take over responsibility for general management. Nic Le Clanche, a well respected member of the marine trade in Scotland and an accomplished yachtsman, will take on responsibility for running the service department, as well as some brokerage.

Jamie Tibbott, Managing Director of Yachts.co, commented:

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Antoine Chancelier, Jeanneau’s sales manager for UK and Ireland, is equally positive about the transaction:

About Euroyachts About Yachts.co

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