Leading electric catamaran builder Silent-Yachts has shaken off a period of financial difficulties to emerge stronger under new ownership. With a new management team in place and access to fresh funding, there is a robust and solid growth strategy in place that covers the next five years.
New majority owner Michael Said is an American-German investor who is also a client of Silent-Yachts, with a Silent 62 three-Deck in build now.
Through his acquisition vehicle Helios Yacht Investments GmbH, he has taken control of all the assets formerly belonging to Silent-Yachts, including the intellectual property behind the yachts’ innovative design, and the shipyard Silent Italia in Fano.
Said ensured that funding didn’t dry up last year, safeguarding 140 jobs when the previous business fell into administration. By keeping the Italian yacht building operation in Fano running, he allowed Silent-Yachts to make progress on its existing orders for the Silent 62.
