The acquisition was a perfect marriage between San Juan and Northern Marine as they are hi-end builders of robust yachts with systems that are the envy of the industry, leading edge infusion process for the composites and stunning interior design.
Anacortes, Washington (PRWEB)
May 02, 2017
San Juan Yachts of Anacortes Washington expands under new ownership, the company has been acquired by San Juan Capital Holdings, LLC, a division of Concorde Marine which is also the parent company to Northern Marine, builder of custom long range expedition and pleasure yachts from 57’-152’. Concorde Marine is currently building commercial seiners for the Alaskan fisheries, expedition yachts, and pleasure yachts.
The legendary leader in West Coast yacht construction will continue to build the existing models and bring forward a new 50’ for 2018. The current 48 will become the San Juan 50 with some enhancements and optional layouts. Currently under construction for San Juan are several 40’ and 50’ Volvo Penta IPS models with plans to have one in the fall boat shows, including the Fort Lauderdale show displaying the new 50’ sedan.
“The acquisition was a perfect marriage between San Juan and Northern Marine as they are hi-end builders of robust go anywhere yachts with systems that are the envy of the industry, leading edge infusion processes for the composites and artisan master craftsman creating stunning interiors,” says Gilbert Villarreal, owner of San Juan Capital Holdings, LLC. “The two companies were literally side by side in Anacortes, and have shared many employees over the years. The new company has…