Princess Yachts closes sale to US investment firm

13 April 2023 • by Gabrielle Lazaridis

The acquisition of Princess Yachts by US equity firm KPS Partners is now complete following news earlier this year that a deal for majority ownership had been secured. 

According to UK business register Companies House, a new company has been set up under the name Mayflower Bidco Limited, which now owns a 75 per cent controlling stake in the British shipyard.

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