News

Published: Thursday, 18 December 2014

Resort, cruise and entertainment company Genting Hong Kong has agreed to purchase EXA Ltd. for US$37.94 million.

Genting Hong Kong To Buy Yacht Business For Us3794 Million

EXA is an investment firm that owns shares in Italian-based yacht designer and builder Wider SRL, Singapore-listed luxury yacht manufacturer Grand Banks Ltd, and Dutch yacht and submersible company U-Boat Worx BV. EXA also owns Wider Yacht Asia Ltd. and Wider Yacht China Ltd.

Genting Hong Kong To Buy Yacht Business For Us3794 Million

Genting Hong Kong To Buy Yacht Business For Us3794 Million 1

(Photo: David Pearlman)

The acquisition will complement Genting’s current businesses including Star Cruises, which was established in 1993. 

www.gentinghk.com

www.wider-yachts.com

www.grandbanks.com

www.uboatworx.com