euroyachts ltd

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Family-run euroyachts has been acquired by yachts.co.

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:

“The sale of the company to Yachts.co will give us access to fresh thinking and improved digital skills, which will help Euroyachts to maintain and grow its market leading position in Scotland.

“I am delighted that all of the staff, with the exception of myself, are staying onboard and also that a new hiring has been made at Largs.

“Now is the perfect time for me to bow out of the business and concentrate on sailing rather than selling. I would like to thank all of our staff, trading partners and especially our customers for their support over the decades.”

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:

“We have been seeking to expand our UK operation for some time and Euroyachts is a great fit for us.

“We are conscious of Euroyachts’ long history and huge customer base which we will work hard to serve. It is not our intention to make any radical changes, rather we plan to upgrade and modernise systems and streamline processes.

“We are looking forward to working with the Euroyachts crew and wish Angus all the best for the future.”

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

“Jeanneau are delighted that Yachts.co have purchased Euroyachts.

“Euroyachts are amongst our longest serving, most experienced dealers globally and the influence of Yachts.co will complement the existing strengths at Euroyachts. The deal will also assure continuity of service for our customers which is something we prize very highly.”

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EUROYACHTS (LARGS) LIMITED

Company number SC147699

• Company Overview for EUROYACHTS (LARGS) LIMITED (SC147699)
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Next accounts made up to 30 September 2024 due by 30 June 2025

Last accounts made up to 30 September 2023

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Next statement date 25 November 2024 due by 9 December 2024

Last statement dated 25 November 2023

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• 47640 - Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

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New Ownership at Euroyachts

Following negotiations which started in 2019 on the 22nd of October 2020 for the first time in 55 years Euroyachts ceased to be owned by a member of the Scott family.

Yachts.co, Jeanneau distributors based in Swansea, now own Euroyachts entirely. Everybody involved is delighted with the change which sees all of our team staying with the company with the exception of our bookkeeper and of course Angus who is looking forward to less selling and more sailing having run the company for 26 years.

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

There are no dramatic operational changes being made however improvements are underway already in terms of IT and digital presence which we anticipate will boost the efficiency of our brokerage activities.

Antoine Chancelier who is Jeanneau’s sales manager for UK and Ireland had this to say of the transaction:

“Jeanneau are delighted that Yachts.co have purchased Euroyachts. Euroyachts are amongst our longest serving, most experienced dealers globally and the influence of Yachts.co will complement the existing strengths at Euroyachts. The deal will also assure continuity of service for our customers which is something we prize very highly.”

With offices at Troon Yacht Haven and Scotland's first purpose-built showroom at Largs Yacht Haven,  Euroyachts are distributers for Sun Odyssey, Sun Fast and Jeanneau Yachts, as well as Prestige, Merry Fisher and the NC range of Jeanneau Powerboats. In addition, Euroyachts are also dealers for BRIG RIBs and Suzuki outboards.

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Welcome to Euroyachts, a long established company and working in the yachting business for 30 years. We have our main office in Gibraltar and our test drive center in Portugal.

Working with an energetic and experienced team and an exclusive network of carefully selected and qualified partners we also can guide you to your tailor made yacht or charter ownership.

Whether you want to buy your private dream yacht or use our services, we guide you to the matching yacht, charter investment or yacht management, we will always find the right solution for you.

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