French Rieviera Superyacht Repair Yard Acquired by Monaco Marine

 Monaco Marine has gained a foothold in Antibes on the French Riviera with the acquisition of superyacht refit yard Antibes Marine Chantier

The take-over places Monaco Marine closer to its clients by extending the company's network of five shipyards and consolidates its presence in the PACA (Provence Alpes Côte d'Azur) region on the Mediterranean coast.

Antibes Marine Chantier (better known as Chantier Tréhard) repairs and refits superyachts up to 42m (138ft), and has a total turnover of €7m.

The yard will continue its operations, whilst benefiting from the quick qualification of its site for the ISO 9000 standards in accordance with the Monaco Marine processes.

"We are delighted to be associated with a town so prestigious and ambitious for the coming years," says Chantal Lemeteyer, director of Monaco Marine France. "We would like to be part of the policy for excellent services developed on the ports of Antibes."

Monaco Marine Group has six shipyards in: Antibes, Monaco, Beaulieu Sur Mer, Saint Laurent du Var, Cogolin and La Ciotat, and anticipates a turnover of €50m in services to amateur sailors and the professional yachting sector in 2012.