Company: Iguana Yachts, Wettoncraft
Business Type: Boat Builder
UK & International Business Sales and M&A News
Iguana Yachts has acquired the amphibious RIB builder Wettoncraft, with the aim of providing customers with a range of smaller and more affordable products.
Iguana, based in Mondeville in France, is the manufacturer of a range of amphibious boats, including the Sport, Knight and Commuter models, which demonstrate high performance on both land and sea, with a powerful and robust mobility system, where the tracks are fully integrated in the amphibious craft.
This ensures they are more sustainable than traditional boats, as they require no docks, ports and marinas to operate, and they are designed to conquer all terrains and to overcome tides and shallow waters.
Antoine Brugidou, Founder and CEO of Iguana Yachts, started the business in 2008, in response to a personal need for a boat with amphibious capabilities, and has seen the market grow considerably.
He said:
“In 15 years, mindsets have evolved and we see more and more boaters who look for amphibious solutions. Amphibious boats facilitate the use and ownership of a boat by being easy to use, store and maintain.
“The acquisition of Wettoncraft is part of our deep desire to facilitate access to the sea by generalising amphibious technologies. Our ambition is to become the world’s number one in this new high-potential market.”
Antoine Brugidou – Founder and CEO of Iguana Yachts
Wettoncraft boats are semi rigid amphibious boats. Equipped with retractable wheels, they can be launched in a few minutes from a slipway or directly from a beach. The Roadway model also includes a retractable trailer and tow bar.
Located in Tourcoing-France, the Wettoncraft workshop will be transferred to Mondeville near Caen at Iguana Yachts headquarters, while an R&D office will be set up in the Lille area.
Brugidou continued:
“The arrival of Eric Divry, the founder of Wettoncraft, and his teams within our company allows us to increase our R&D capacity to launch new projects.
“We have identified many potential collaborations within the two companies, and we will communicate about those projects during the autumn boat shows.”
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