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HanseYachts AG is a German
yacht A yacht is a sailing or power vessel used for pleasure, cruising, or racing. There is no standard definition, though the term generally applies to vessels with a cabin intended for overnight use. To be termed a , as opposed to a , such a pleasu ...
manufacturer Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a ran ...
headquartered in the city of Greifswald (
Baltic Sea The Baltic Sea is an arm of the Atlantic Ocean that is enclosed by Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, Sweden and the North and Central European Plain. The sea stretches from 53°N to 66°N latitude and from ...
). The company offers monohull sailboats under the ''Hanse'', ''Dehler'' and ''Moody'' brands. Motorboats are sold under the Fjord and ''
Sealine Sealine is an English brand of motor yachts. It is originated in the former Sealine boatyard in Kidderminster that was founded in the 1970s by Tom Murrant. As of 2013, the brand belongs to the parent company of German HanseYachts AG. History ...
'' brands. HanseYachts is cooperating with the yacht designers Patrick Banfield, Berret-Racoupeau, Bill Dixon and Judel/Vrolijk & Co.


Corporate affairs

HanseYachts AG is the second largest production builder of sailing yachts globally. The company has its main manufacturing site in Greifswald and a subsidiary for hull production and assembly in Goleniów,
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous ...
. The production halls provide a total area of approximately 385,000 sq ft (Greifswald ca. 205,000 sq ft, Goleniów ca. 180,000 sq ft). Sailboats account for about 70% of
revenue In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...
s, powerboats for about 30%. HanseYachts AG is quoted on German
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
.


History


Founding, rise, IPO (1990–2007)

HanseYachts is originated in an old-established shipyard for fishing cutters and other workboats. The today's company was founded in 1990 – after the fall of the
Iron Curtain The Iron Curtain was the political boundary dividing Europe into two separate areas from the end of World War II in 1945 until the end of the Cold War in 1991. The term symbolizes the efforts by the Soviet Union (USSR) to block itself and its s ...
– by Michael Schmidt, the winner of the 1985
Admiral's Cup The Admiral's Cup was an international yachting regatta. For many years it was known as the unofficial world championship of offshore racing. The Admiral's Cup regatta was started in 1957 and was normally a biennial event (occurring in odd-numbe ...
. At the beginning, ''Yachtzentrum Greifswald'' – so the former name of HanseYachts – focused on yacht refit and other services. The first model ''Hanse 291'' (which based on the design of the ''Aphrodite 291'') was launched in 1993. In the years to come, the company successively extended the model range and grew rapidly. In the late 1990s, HanseYachts and the yacht designers ''Judel/Vrolijk & Co'' started their still existing collaboration. In 2003, the range comprised eight models up to 53   ft. In 2007, HanseYachts AG went public (
General Standard {{About, stock exchange terminology, MIDI synthesizer specification, Roland GS General Standard is a market segment of the Frankfurt Stock Exchange. Companies which belong to General Standard have to fulfill minimum requirements in terms of transpa ...
,
Frankfurt Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its na ...
). Founder Michael Schmidt remained majority
shareholder A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal own ...
.


Brand acquisitions and powerboat market entry (2006–2009)

For more than a decade, HanseYachts built sailing yachts only. In 2006, the company acquired the majority of Norwegian powerboat manufacturer ''Fjord Boats AS'' and started to develop seagoing powerboats. In 2007, the English ''Moody''
brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create an ...
(sailing yachts) was added, and the creation of a new ''Moody'' range with decksaloon and aftcockpit models began. Furthermore, HanseYachts bought the remaining shares in ''Fjord Boats AS'' and introduced a first new ''Fjord'' model (''Fjord 40 open''). In 2008, the company completed the enlargement of its plant in Greifswald and the construction of a new production facility in Goleniów. In 2009, HanseYachts purchased its German competitor '' Dehler Yachtbau'' comprising the ''Dehler'' and ''Varianta'' brands as well as a production facility located in
Freienohl Meschede () is a town in the Hochsauerland district, in North Rhine-Westphalia, Germany. It is the capital of the district Hochsauerlandkreis. Education One of the five branches of South Westphalia University of Applied Sciences (also: Fachhoc ...
, Germany.


Crisis, change of ownership and recovery (2008–2016)

In the wake of the financial crisis 2007–2008, the boating industry was affected by a massive slump in global sales. The company's
turnover Turnover or turn over may refer to: Arts, entertainment, and media *''Turn Over'', a 1988 live album by Japanese band Show-Ya * Turnover (band), an American rock band *"Turnover", a song on Fugazi's 1990 album '' Repeater'' *''Turnover'', a Japane ...
dropped by 57% within one year. A period of high losses began. In 2011, founder Michael Schmidt sold his stake to German Investment holding ''Aurelius SE'',
Munich Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the States of Germany, German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the List of cities in Germany by popu ...
, and left the company. At the end of 2012, HanseYachts closed the ''Dehler'' factory in Freienohl and relocated the entire ''Dehler'' production to its lamination factory in Goleniów and its main factory in Greifswald. In 2013, HanseYachts parent company ''Aurelius SE'' purchased the English ''
Sealine Sealine is an English brand of motor yachts. It is originated in the former Sealine boatyard in Kidderminster that was founded in the 1970s by Tom Murrant. As of 2013, the brand belongs to the parent company of German HanseYachts AG. History ...
'' brand (motor yachts) together with plans, moulds, parts lists and equipment. In 2014, HanseYachts started to produce ''Sealine'' yachts.


Catamaran market entry and exit (2017-2022)

In May 2017, HanseYachts parent company ''Aurelius SE'' acquired the majority of stock in ''Privilège Marine SAS'', a luxury catamaran builder located in
Les Sables-d'Olonne Les Sables-d'Olonne (; French meaning: "The Sands of Olonne"; Poitevin: ''Lés Sablles d'Oloune'') is a seaside town in Western France, on the Atlantic Ocean. A subprefecture of the department of Vendée, Pays de la Loire, it has the administ ...
, France. In June 2019, HanseYachts announced the takeover of its sister company. Only three years later, in October 2022, ''Privilège Marine SAS'' was sold to a group of French investors.


Current models


Sailing yachts

1 one design class
Naval architects: Berret-Racoupeau (
Hanse The Hanseatic League (; gml, Hanse, , ; german: label=German language, Modern German, Deutsche Hanse) was a Middle Ages, medieval commercial and defensive confederation of merchant guilds and market towns in Central Europe, Central and Norther ...
), Judel/Vrolijk & Co (Hanse, Dehler), Bill Dixon ( Moody)


Motor yachts

1 model with outboard engines
Naval architects: Patrick Banfield (Fjord), Bill Dixon (
Sealine Sealine is an English brand of motor yachts. It is originated in the former Sealine boatyard in Kidderminster that was founded in the 1970s by Tom Murrant. As of 2013, the brand belongs to the parent company of German HanseYachts AG. History ...
, Ryck)


Sales figures and turnover



Sources: 2004/05 until 2020/21


Awards

* "Boatbuilder of the Year 2016" (British Yachting Awards) *"Boatbuilder of the Year 2018" (British Yachting Awards)


External links

* * List o
yacht brands
* List of brands wit
sailboats for sale
* List of brands wit
motor yachts for sale
* Th
Moody 54 DS
(in German), Frankfurter Allgemeine Zeitung, October 2014


References

{{reflist Companies based in Mecklenburg-Western Pomerania Yacht building companies German brands Manufacturing companies established in 1990 German companies established in 1990