Turnover: 123 million EUR (2023)

Country: France

Founded in 2003, Grand Large Yatching consists of "five shipyards and two service companies operating from France and the United States"(Grand Large Yatching).

The main design and production site is based in La Grande Motte.

Grand Large Yatching's dynamic business is booming, with a growth rate of 29% in 2019, well ahead of market averages, which are slowly recovering.(Les Echos)

The company is developing its internationalization and expanding into other markets, notably the US, with the acquisition of the GunBoat shipyard, for the production of carbon catamarans. A large proportion of current sales are also exported.

More than 900 employees

News

Grand Large Yachting brings new investors on board 04/12/2023

  • Creation of Grand Large Yachting (GLY): 2003
  • Number of employees: 940 (in 2023)
  • Sales forecast for 2023: 123 million euros
  • Percentage of sales from exports: 80%
  • Number of boats sold per year: around one hundred
  • Sales triple in five years
  • Founders' majority shareholding after each capital increase: 50.1
  • New investment funds arriving in 2023: Raise Invest, Epopée Gestion and Ixo Private Equity
  • Number of shipyard takeovers since 2007: seven
  • Raise Invest investment in GLY: between 30 and 40 million euros
  • Number of brands owned by GLY: six (Outremer, Gunboat, Allures Yachting, Garcia Yachts, RM Yachts) after the latest acquisition in September 2023.

Lorient: Marsaudon Composites shipyard to make a fresh start 14/09/2023

  • Marsaudon Composites went into receivership in July.
  • Grand Large Yachting, created in 2003, took over Marsaudon Composites on September 12.
  • Marsaudon Composites is based in Lorient (Morbihan) and is known for its ORC catamarans.
  • Grand Large Yachting has 20 years' experience in acquiring shipyards, and has made several acquisitions since 2007.
  • Grand Large Yachting now has 900 employees and sales in excess of 90 million euros.
  • Marsaudon Composites achieves average sales of around ten million euros.
  • Marsaudon Composites employs 65 people.

Gunboat launches three catamaran models in 2023 23/02/2023

  • The Grande-Motte shipyard employs 80 people
  • 5 boats in production
  • 2023 target: €35 million in sales

Studies mentioning this company

The recreational boating market - France

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