Camper & Nicholsons Under New Ownership
Published: Tuesday, 19 August 2014
Colosseum Services SA, an investment vehicle of a Swiss-based family business, has acquired Camper & Nicholsons International.
The transaction was initiated by Brook Hazelton, former CEO of Phillips, the international art auction house, and Eric de Saintdo, ex-CEO of Camper & Nicholsons International, and of the Cannes Yachting Festival. In early 2014 they partnered with Colosseum Services in order to secure the financial backing necessary to complete the acquisition and provide the resources enabling the company to enhance its leadership position at the forefront of the yachting industry.
“Despite the turmoil of the global financial crisis, Camper & Nicholsons International has always remained solid, which demonstrates the strength of our business and brand,” says Camper and Nicholsons International Chief Operating Officer Laurent Perignon. “We are now delighted to have new investors committed to growing and developing the Camper & Nicholsons International brand into the future. In particular it is pleasing that our new shareholders have a long and proud history, sharing the same outlook and values that have made Camper & Nicholsons the standard in superyacht brokerage and management services.”