Oyster Yachts
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Oyster Yachts
Oyster Yachts (formerly Oyster Marine) is a British brand of luxury cruising sailing yachts established in 1973. The company is based in Southampton but with foundation and ongoing strong links to Wroxham and Ipswich. History Founding In 1973 Richard Matthews founded Oyster Marine and commissioned the 32 ft prototype three quarter tonner sailing yacht ''UFO II'', designed by British Naval Architects Holman and Pye and built by Norfolk based boatbuilder, Landamores. She proved to be a success, with ''UFO'' winning the Royal Yacht Squadron's de Maas Cup at Cowes in 1974 alongside many other races. The design was developed into the UFO 34, and this became the first yacht to be produced by Oyster Marine. Design In 1978 Oyster Marine introduced a 46 ft cruising ketch designed by Holman & Pye, pioneering the Deck Saloon feature that has since become the company's trademark. Oyster continued to increase the size of its vessels, launching a 53 ft design by Rob Humph ...
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Privately Held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ...
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