GYG plc well positioned and operating with minimal competition (Interview)

GYG plc (LON:GYG) CEO Remy Millott joins DirectorsTalk to discuss final results for the year ended 31st December 2020. Remy talks us through the highlights, the actions taken during 2020, progress made post period, shares details around the order book and explains why the company operates in the 40 meter plus segment of the market.

GYG plc is a market leading superyacht painting, supply and maintenance company, offering services throughout the Mediterranean, Northern Europe and the USA.

The group primarily trades under Pinmar, Pinmar Yacht Supply and Technocraft brands.

Pinmar is the global market leading brand in the premium motor sector (40m+) having completed the fairing and finishing on some of the world’s most prestigious superyachts. Pinmar is a major player in both the New Build and Refit sectors and the only paint company to offer a global service with major hubs across Europe and the USA.

Pinmar Yacht Supply is major yacht chandlery and supply company with a network of retail outlets and partners in Palma, Barcelona, Valencia, Girona, Vigo, Gibraltar, La Ciotat and Malta. It also operates a mobile fleet providing dockside service to the major shipyards and marinas in Mallorca and the Spanish Peninsular. 

Technocraft is a specialist engineering company that provides bespoke containment systems and yacht hardware removal and repair services to superyachts. These services form an integral part of the superyacht Refit process and enable GYG to offer a unique turnkey approach to superyachts and the Refit yards. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
GYG plc

More articles like this

GYG plc

Superyachts on display at the Monaco Yacht Show 2021

The Monaco Yacht Show 2021 has just announced the complete list of superyachts that will be on display at this year’s show, which will take place from the 22nd through 25th of September. SuperYacht Times rounded

GYG plc

Five reasons to attend the 2021 World Superyacht Awards

Each year, the World Superyacht Awards recognise the ingenuity and craftsmanship of the most remarkable and recently-launched luxury yachts from across the globe. Now in its 16th edition, the winners are set to be revealed during an

GYG plc

Superyacht market has been roaring

Superyachts have always been the cosset-yourself-from-the-world choice for the world’s elite, even before the pandemic. And especially now.  “The market’s been roaring,” says Sam Tucker, head of superyacht research at VesselsValue in London. “Second-hand sales are

GYG plc

Used yacht sales near 400 as market boom continues

With the first half of 2021 coming to a close, SuperYacht Times takes the pulse of the superyacht market over the last six months, and reflects on the turbulent market during 2020. Following a significant dip in sales

GYG plc

Superyacht market boom continues

With the first half of 2021 coming to a close, SuperYacht Times takes the pulse of the superyacht market over the last six months, and reflects on the turbulent market during 2020. Following a significant dip in sales

GYG plc

Reflections on the success of the Palma Superyacht Show

Hosted from 3-6 June, 2021, the highly-anticipated Palma Superyacht Show was met with great positivity and enthusiasm by all in attendance. As the first European yacht show since October 2020, many regular exhibitors and visitors were

GYG plc

Ravenger wins Superyacht Cup Palma

A final day of sublime sailing conditions brought the Superyacht Cup Palma’s landmark 25th anniversary regatta to a close on Saturday with a first time entrant stealing the headlines.  While broad smiles were in evidence across

GYG plc

The Balearic Islands and the future of the Mediterranean

Martin Redmayne, Chairman of The Superyacht Group, joined the Balearic Yacht Show to address the future of the Mediterranean and host a lively discussion at the virtual Balearic pub about what managers and captains need from the market. While only comprising

GYG plc

The super rich and their super yachts

Jeff Bezos is rumored to be buying a 417-foot super-yacht worth an estimated $500m and equipped with its own “support yacht” and helipad, according to Bloomberg. There has been a boom in such boats since the

GYG plc

Super rich seize the day and splash out on superyachts

‘Millennials would call it ‘you only live once’,” says Sam Tucker, head of superyachts at VesselsValue, as he explains a pandemic-driven surge in orders for these playthings of the richest of the rich. “But most people

GYG plc

All set to celebrate 25 years of Superyacht Cup Palma

With less than a month to go to the start of the landmark 25th anniversary Superyacht Cup Palma, final preparations are falling in to place to for the 2021 event. The celebration of Europe’s longest running superyacht regatta from June

Yacht line up for the upcoming Palma Superyacht Show

With the Palma Superyacht Show 2021 just around the corner, taking place from 3rd – 6th June, SYT does an overview of the 27 motor and sailing yachts currently set to be exhibited at the event, one of the very

GYG plc

Superyacht sales soar: how the rich escaped lockdown

The world’s super rich have spent more than £1 billion on superyachts since January in what has been a vintage year for the industry, according to luxury lifestyle publisher Boat International. Sailing away from Covid-19 restrictions