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Global Yachting Group

INTERVIEW: GYG Plc Very good asset light niche business

Global Yachting Group Plc (LON:GYG) are the topic of conversation when Head of Research at Zeus Capital Mike Allen talks to DirectorsTalk. Mike discusses the highlights from the full year results, talks about market dynamics, forecasts and the key valuation metrics.

The Global Yachting Group (GYG) was formed from the joint venture of two of the most prestigious global superyacht painting, service and supply companies, Pinmar and Rolling Stock. Today GYG operates six market leading brands; Pinmar, Pinmar USA, Pinmar Supply, Rolling Stock, ACA Marine and Techno Craft, offering a comprehensive painting and supply service for the global superyacht sector. With over 70 years collective experience in the superyacht industry and a highly skilled workforce, GYG is now a leading provider of services to the world’s superyacht fleet.

GYG offers the highest quality superyacht finishing and refinishing services through Pinmar, Rolling Stock and Pinmar USA. With major bases across Europe including Palma de Mallorca, Barcelona, La Rochelle, the UK, Germany and Monaco, and also Fort Lauderdale in Florida, and with the capability to deploy highly qualified teams to all the leading shipyards around the world, GYG is the market leader in superyacht refinishing.