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New owner for Oyster.(news)(Oyster Marine to Balmoral Capital )(Brief article)

OK yacht-builder Oyster Marine has been sold to UK-based private equity fund Balmoral Capital for an undisclosed sum. Oyster yachts are recognised throughout the sailing world for their distinctive deck saloon configuration. Oyster has twice been awarded the Queen's Award for Industry. Their current yacht range starts at 46 feet and includes 12 designs including two new superyacht models, the Oyster 100 and 125, which will be launched in 2010 and 2011. There are almost 1,200 Oyster yachts in commission and the company has a strong forward order book. Although Oyster are primarily ...

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