global yachting group

Our History

• Media Files
• GYG in the community

The Global Yachting Group was originally created in 2012 through the merger of the two leading superyacht painting brands Pinmar and Rolling Stock. This expansion of the Group results in it being the only superyacht painting company with global operations. In March 2017, the Group also acquired a majority stake in ACA Marine as part of its strategic growth plans in the European superyacht finishing market.

The Company was renamed GYG plc in July 2017 when it became a public company through an Initial Public Offering on the London Stock Exchange’s AIM market. In September 2022, the Company delisted from the AIM Market and Company re-registered as a private limited company with the name GYG Limited.

• The Group signs its largest turnkey Refit project to date, to be completed in Germany
• Pinmar uses AkzoNobel’s revolutionary Awlfair SF spray filler application technology on first superyacht New Build project
• Pinmar Yacht Supply unveils new yacht-centric strategy supported by new leadership team and branding
• Pinmar signs 6 New Build contracts with major northern European shipyards
• GYG consolidates brands to leverage market leading Pinmar brand globally
• Pinmar opens new base at Savannah Yacht Center, Georgia increasing capacity for 70m+ yacht refits in the USA
• GYG opens new hub in La Ciotat, France with Pinmar, Pinmar Supply and Technocraft supplying refit and supply services directly to shipyards and superyachts
• Pinmar marketing campaign focused on growing market share of the Northern European New Build sector
• Pinmar Supply expands its superyacht business with the addition of new retail partners
• Agreement signed with Savannah Yacht Center, Georgia USA to facilitate growth in USA & Caribbean markets
• Acquisition of ACA Marine
• Initial Public Offering on the London Stock Exchange’s AIM market
• GYG management buyout with support from Lonsdale Capital Partners to expand the Group
• Increasing internationalisation of relevant refit services in the UK, Germany, France and Italy
• Incorporation of HCOS Ltd
• Finalising the largest sailing yacht in Kiel, Germany
• Consolidation of GYG into the New Build market
• Creation of GYG Germany and GYG Central Services
• Complete restructuring of the Group’s companies
• Creation of the Global Yachting Group through the merger of Pinmar and Rolling Stock companies
• Completion of the world’s largest superyacht
• Expansion to the USA (Florida) through the acquisition of Classic Yacht Refinishing Inc.
• Management buy out of Ferretti shareholding in December 2011
• Expansion to the UK and Pendennis Shipyard
• Rolling Stock ISO 14001 & ISO 9001 certification
• Purchase of the Techno Craft, S.L. and Andamios de Baleares, S.L. businesses (expansion into scaffolding & covering company)
• Expansion into Germany and superyacht New Build market
• Pinmar ISO 9001 & 14001 certification
• Management buyout supported by Ferretti and Permira, Italy
• Pinmar became Awlgrip’s distributor for Spain
• Expansion to Marina Barcelona, Spain
• Rolling Stock was founded in Palma de Mallorca, Spain
• Pinmar Supply & Wholesale division was created
• Pinmar was founded in Palma de Mallorca, Spain

• Our History
• Media Files
• GYG in the community

The world's leading superyacht service & supply group.

GYG is a global market leading superyacht painting, service and supply company, offering services throughout the Mediterranean, Northern Europe and the USA. The Group primarily trades under the Pinmar, Pinmar Yacht Supply and Technocraft brands.

The biggest name in superyacht finishing.

Over the past 47 years, Pinmar has grown to become the leading paint applicator for superyachts worldwide. Pinmar undertakes projects in both the New Build and Refit sectors, working closely with several of the world's leading superyacht builders in Europe and the US.

The superyacht chandler.

An international superyacht supply company with an extensive network of yacht chandlery stores and Official Retail Partners across Europe. Offering a worldwide supply and logistics service supporting a growing portfolio of the world's largest superyachts.

We've got you covered.

Technocraft is a specialist engineering company that provides bespoke scaffolding and containment systems in addition to yacht hardware removal and maintenance services to superyachts. We don't just lead the industry, we created it.

Keep up to date with Group developments over on our newsfeed...

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The chosen partner of the world's largest yachts.

The pinmar story.

We’re very proud of what we’ve achieved so far and, as we are now into our 48th year in business, we are happy to say that Pinmar is going from strength to strength.

Pinmar was founded in Mallorca, Spain in 1975 as a specialist yacht painting company focused on the new breed of superyachts over 40m. In 2012, Pinmar merged with its main local competitor Rolling Stock to form the Global Yachting Group, since renamed to GYG Ltd, which has grown to become one of the largest and most comprehensive service groups in the superyacht industry.

As part of GYG, Pinmar group companies include Pinmar Yacht Supply , our yacht chandlery and supply network, along with Technocraft , our in-house yacht scaffolding, containment and hardware removal business.

We’re also very proud to have developed the Pinmar Paint Standard , our industry's first comprehensive statement of how a client's expected paint finish should be measured and agreed. We continue to refine this Standard with the introduction of new products and application technologies.

We’ve refinished 100s of the world’s finest yachts and increasingly we’re involved in finishing some of the largest and most prestigious New Builds in many of the leading superyacht building yards.

During its 48-year history, Pinmar has expanded its operations across Europe including offices in Palma de Mallorca, Barcelona and La Ciotat, and established US operations with bases at Fort Lauderdale, West Palm Beach and Savannah, Georgia, as well as establishing partnerships with the largest New Build shipyards.

As the size and complexity of new superyachts continues to increase, Pinmar has also increased its capabilities, with the average yacht size for projects increasing from 55 metres to nearly 80 metres since 2012.

Today, Pinmar is recognised as the market leading brand in superyacht painting with a proven record of premium quality. This does not mean we rest on our laurels; we are totally committed to improving both quality and efficiency through continual innovation to meet the challenges of our evolving industry.

Research & Development

Pinmar has played a key role in recent years in driving the adoption of the latest technologies and application methods within the industry. Our equipment is developed to accommodate advancing technology whilst always being conscious of the environment.

Our pioneering adoption of electrostatic paint application in the European superyacht industry, recently introduced into the US superyacht Refit market as well , and a collaborative research project trialling the application methodology for a new spray filler product are good case points.

We are invested in sharing technologies across all our locations that yield a positive impact for the shipyards, the clients, the environment and better overall long-term performance for the yacht owners.

KEY PERSONNEL

Remy millott - chief executive officer.

Remy has over 40 years of yachting industry experience having commenced his offshore career in 1982, becoming one of the industry’s youngest yacht Captains at the time. He joined Pinmar in 1996 and became Managing Director in 2003, growing the company extensively. He has led several acquisitions and mergers at Pinmar since then, including the formation of GYG in 2012. As Group CEO he successfully listed GYG plc on the London AIM Stock Market in 2017 and continues in this role since taking the company private as GYG Ltd in 2022.

Rupert Savage - CCO/Director

Rupert was a highly respected yacht captain for over 16 years and is still a keen racing yachtsman. He moved ashore and joined Rolling Stock in 2006 where he became Managing Director and was instrumental in the development and growth of the business into a leading player in the yacht painting and service sector. Rupert has been responsible for the integration of the various Group companies, running the business on a day to day basis. He is now focused on the Group's commercial development and continues to be influential in the strategic growth of the business.

Ada Cañellas - Corporate Legal & HR Director

Ada has a Degree in Law from the University of Navarra, MBA from IESE and a Masters in human resources management. She began her career as a recruitment consultant and for the last 15 years she has directed Human Resources and Legal departments in technology, service, and food-based companies. A multi-disciplinary professional with knowledge of all areas of Human Resources with special attention to personal development and personnel administration, including her extensive experience in Spanish and European labour law.

Peter Brown - Director

Peter has been involved in the Superyacht industry for over 40 years, having had a successful career at sea, including as a yacht captain, for over 16 years. He joined Pinmar in 1998 to develop the Barcelona facility and later became the General Manager of Pinmar. Peter headed up the expansion of Pinmar into the New Build sector in Germany in 2005, after which he took over Pinmar's USA operations as Managing Director. As Peter continues to run the US business and its expansion, he also supports the Group and the CEO on special projects using his deep experience of the yachting industry.

Alexander Swain - President, North America

Alex brings more than 30 years of global business development and production management experience to Pinmar and is most recognised in the marine industry for his previous roles at MB92 Barcelona and more recently at Jotun’s global yachting division. During his 12 years in senior management at MB92, Alex was instrumental in delivering rapid, sustainable business growth while achieving customer quality expectations, and was part of the original team who formed the ICOMIA Superyacht Refit Group. His specialist role at Jotun focused on the development of their global yachting division, including roll-out strategies in emerging markets such as the US and Asia. Alex will be responsible for Pinmar’s business operations in the USA and will provide greater synergy between our US and European operations. Alex will be sharing his time between Pinmar’s main USA bases at Rybovich West Palm Beach, Derecktors Fort Lauderdale and Savannah Yacht Centre as he looks to expand the company’s turnkey services with its existing partners and across the American superyacht market.

Manu Ayme - Sales Director

Manu Ayme joined Rolling Stock in 2006 in a logistical support role during the construction of two new builds in the South of Spain. After that he followed the business around Europe with extensive spells in Pendennis, Cartagena and Viareggio to eventually join up with the team at the Palma de Mallorca headquarters in the summer of 2008. During his time in Palma he held a number of management positions within the company, and after the merger with Pinmar in 2012 to create GYG he was co-heading the Groups’ global production division. His vast 'hands on' technical experience and management skills led to his latest role of Sales Director, where he applies his knowledge to perfectly understand our clients’ needs and can fulfil their expectations.

James Millott - Production Director

James began his career with Pinmar in 2006 in northern Germany. Starting out in logistics and quality control, he worked his way up to project manager and quickly showed a high level of technical understanding. Based in Germany for 9 years, James became the senior project manager for the company’s Northern European business, successfully completing many of the industry’s largest and most iconic new builds. In 2015, James became the joint head of production of GYG which is the parent company of Pinmar; he now splits his time between the company’s headquarters in Mallorca and overseas projects including the USA. Still heavily involved in every aspect of the Group’s production and quality control, James is working on the Group’s technical development in order to improve quality and efficiency. Built up over many years, James has vast technical and practical knowledge of the coatings business as well as working with very large teams on multiple projects in different locations which has been key in the Group’s international growth.

Our Mission

“To enhance the beauty, performance and value of the world’s superyacht fleet”

Pinmar is committed to creating a global organisation that is recognised and respected as a leader in the superyacht industry

A culture that values loyalty and teamwork, embraces ideas and change, and openly celebrates success

A heritage brand that is synonymous with quality and integrity

Operating to the highest safety, environmental and social standards

A HERITAGE OF EXCELLENCE

Pinmar have done an excellent job and I think this is the best Phryne has ever looked , thanks to everyone for a job well done

We came to Pinmar with an almost impossible time frame, which with proper planning, they executed flawlessly . I congratulate Pinmar on an amazing team that can produce wonders

I am very satisfied with the overall quality of result which is a testament to the hard work, diligence & communication between all parties. I would certainly choose Pinmar to paint Saint Nicolas again

we’re lrqa iso certified

By SuperyachtNews 26 Sep 2013

Global Yachting Group acquires Jotun's expertise in distribution deal

Norwegian coating manufacturer jotun and global yachting group's pinmar supply join forces with new distribution agreement.….

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• Our Approach
• Investments
• Meet The Team

Global Yachting Group

The Global Yachting Group (“GYG”) is one of the world’s leading providers of services to superyachts. It was formed in 2014 through the merger of two well established trading brands, Pinmar and Rolling Stock and is now headquartered in Palma, Mallorca.

Investment date March 2016

Sector Superyacht Servicing

Deal Type MBO

LCP Team Alan Dargan and Ben Evans

Status Exited

Exit date January 2021

Lonsdale backed a buyout by the existing GYG management team led by Remy Millott in 2016.  Since the investment the business expanded substantially its presence in the building of new superyachts in northern Europe, acquired ACA Marine in order to establish a major presence in France and invested further in superyacht maintenance in the United States.

Lonsdale made a partial exit on the IPO on AIM of GYG in 2017 and exited fully in January 2021.  It was a very successful investment in Lonsdale, providing a return of 3x and an IRR of 75%.

Growth drivers

Head Office Palma de Mallorca

Company website www.pinmar.com/en

Growth Drivers Information Organic, Buy and Build, Internationalisation

Lonsdale’s support post-MBO was a key driver to our successful AIM listing. They swiftly identified the key business drivers and helped us become a more efficient and profitable and thus a more attractive investment proposition. Remy Millott, CEO, Global Yachting Group

For more information please read the press release

Back to Investments

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Ocean Voyager

• Grand Large Yachting
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• Colombo City Marina
• Mirissa Marina
• Marina Management

Sea Leisure Yachting is a pioneer in Sri Lanka's boat building and marine leisure industry, offering a range of solutions to global and local clients, from yacht manufacturing to boat charters to marina management services.

Read More About Us

Sail Lanka Charter is the pioneer in offering sea leisure experiences around Sri Lanka. Our fleet of 10 yachts is designed for comfort and adventure, sailing you toward unparalleled views of Sri Lanka's serene waters and pristine beaches.

Manufacturing

BAFF Polymech specialises in end-to-end manufacturing of sailing catamarans, sailing boats and rigid inflatable boats. We utilize high-tech materials and industry-leading production processes to deliver world-class products.

We utilise our expertise and production capabilities in Sri Lanka to collaborate with yacht makers and companies around the globe on different projects. We are currently working in partnership with Grand Large Yachting Group, France.

SLYG finances, develops and builds mini-marinas in Sri Lanka. SLYG is currently operating 2 marinas: Colombo City Marina and Mirissa from where we provide charter cruises but also service and maintenance for visiting yachts.

The Ocean Diamond is a floating boutique hotel designed for cruising in luxury. Complete with air-conditioned cabins, a lounge and bar area, and multiple sundecks, the Ocean Diamond is perfect for relaxation and pure ocean indulgence.

Ocean Voyager day charter catamarans are the perfect choice for tour operators and day charter professionals, who demand style and elegance in a craft that is rugged and built to last.

The CEYCAT is a versatile catamaran built for exploring the ocean’s vast treasures and views. The CEYCAT’s design includes open decks, comfortable cabins with attached bathrooms and can be customised with jet ski launchers and other add-ons.

The Pulse is a high-quality rigid inflatable boat that can be built in different sizes and configurations. It’s ideal for relaxing with friends and family, cruising solo and much more, including commercial or military use.

The minibee combines advanced manufacturing techniques with a sleek design that's optimised for smooth sailing. Offered as an open-top or with a cabin, it can be used for calm journeys out to sea or competitive sailing.

of Excellence

Our Marinas

marina management

SLYG operates two marinas in Sri Lanka, one in the Mirissa Harbour and the other at the Colombo Port City. We offer mooring space, provide crew support and supply food, electricity and maintenance and repair services.

Sail Lanka is the only sailing company to operate around the island in Sri Lanka. We operate a fleet of 10 yachts which travellers can charter to explore the serene waters along Sri Lanka’s 1,340 kilometres of resplendent coastline and delve into the wonders of the island.

Make an Inquiry

Sea Leisure

Yachting Group

+94 70 271 3007

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• France – IGY Sete Marina
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• LONDON – ST. KATHARINE DOCKS
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YACHT MANAGEMENT

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• Europe Cala di Volpe Mooring IGY Vieux-Port de Cannes IGY Portisco Marina IGY Sete Marina Marina Di Porto Cervo IGY Malaga Marina St. Katharine Docks IGY Ibiza Marina VIEW ALL MARINAS

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ABOUT IGY MARINAS

Marinas worldwide, annual vessel customers, restaurants and shops.

From breakfast at the quayside, all the way to dinner on a rooftop terrace, menus range from fresh fish or pizza to traditional Sardinian cuisine that are also available for takeout or delivery onboard. The supermarket, conveniently located on the dock, specialty shop and liquor store offer a wide selection that are available for delivery to your vessel.

BWA YACHTING

BWA Yachting is a worldwide yacht agency and yachting services provider formed to support captains, managers and crew, making their lives easier, assisting with the increasing demands of managing a modern superyacht. Our global office network stretches throughout the Mediterranean, Northern Europe, the Caribbean and the Americas, providing a unique and seamless experience, wherever our clients are cruising. The BWA Yachting service can be anything from planning a complete trip, saving you time and a lot of hassle, with just one point of reference to the handling of a single port call or last minute concierge request. That’s everything from clearance procedures to berthing reservations, bunkering, provisioning, fiscal advice, logistics, technical assistance, travel arrangements, and more.

www.bwayachting.com Tel.+377 93 500 277 [email protected]

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TRANS COTE D’AZUR  04 92 98 71 30 https://www.trans-cote-azur.com/

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Yedaiah has a proven methodology for engaging customers using a collaborative solution development process to understand business needs., to tailor our solution to specifically deliver the objectives for our customer’s global supply chains., our core values:.

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With a global network and advanced logistics solutions, our air freight services provide., our clients, and what they say., delivered packages.

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“It is a company we can count on. They are responsive, they bring new ideas and they care about the success of our organization. I’d recommend them to any athletic department.”      — Mr. Attkins

“We have a world-class supply chain that demands immediate response.Industriel came to us with creative, cost saving solutions related to inventory management. Last year we identified a 3% savings across one category.”      — Marcos Valtea

"Great job...thank you for getting this to us in an extremely short amount of time.hey also showed me ways to reduce costs in supply chain efficiencies. Industriel are always responsive and I know I can count on them to deliver.”      — Sandra Mitchel

"Dealing with Industriel on a day-to-day basis has proved to be very easy. We make a telephone call, look at the options available, and then let them get on with the job while we concentrate on our business.      — Robert Frost

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Rosatom Starts Production of Rare-Earth Magnets for Wind Power Generation

TVEL Fuel Company of Rosatom has started gradual localization of rare-earth magnets manufacturing for wind power plants generators. The first sets of magnets have been manufactured and shipped to the customer.

In total, the contract between Elemash Magnit LLC (an enterprise of TVEL Fuel Company of Rosatom in Elektrostal, Moscow region) and Red Wind B.V. (a joint venture of NovaWind JSC and the Dutch company Lagerwey) foresees manufacturing and supply over 200 sets of magnets. One set is designed to produce one power generator.

“The project includes gradual localization of magnets manufacturing in Russia, decreasing dependence on imports. We consider production of magnets as a promising sector for TVEL’s metallurgical business development. In this regard, our company does have the relevant research and technological expertise for creation of Russia’s first large-scale full cycle production of permanent rare-earth magnets,” commented Natalia Nikipelova, President of TVEL JSC.

“NovaWind, as the nuclear industry integrator for wind power projects, not only made-up an efficient supply chain, but also contributed to the development of inter-divisional cooperation and new expertise of Rosatom enterprises. TVEL has mastered a unique technology for the production of magnets for wind turbine generators. These technologies will be undoubtedly in demand in other areas as well,” noted Alexander Korchagin, Director General of NovaWind JSC.

For reference:

TVEL Fuel Company of Rosatom incorporates enterprises for the fabrication of nuclear fuel, conversion and enrichment of uranium, production of gas centrifuges, as well as research and design organizations. It is the only supplier of nuclear fuel for Russian nuclear power plants. TVEL Fuel Company of Rosatom provides nuclear fuel for 73 power reactors in 13 countries worldwide, research reactors in eight countries, as well as transport reactors of the Russian nuclear fleet. Every sixth power reactor in the world operates on fuel manufactured by TVEL. www.tvel.ru

NovaWind JSC is a division of Rosatom; its primary objective is to consolidate the State Corporation's efforts in advanced segments and technological platforms of the electric power sector. The company was founded in 2017. NovaWind consolidates all of the Rosatom’s wind energy assets – from design and construction to power engineering and operation of wind farms.

Overall, by 2023, enterprises operating under the management of NovaWind JSC, will install 1 GW of wind farms. http://novawind.ru

Elemash Magnit LLC is a subsidiary of Kovrov Mechanical Plant (an enterprise of the TVEL Fuel Company of Rosatom) and its main supplier of magnets for production of gas centrifuges. The company also produces magnets for other industries, in particular, for the automotive

industry. The production facilities of Elemash Magnit LLC are located in the city of Elektrostal, Moscow Region, at the site of Elemash Machine-Building Plant (a nuclear fuel fabrication facility of TVEL Fuel Company).

Rosatom is a global actor on the world’s nuclear technology market. Its leading edge stems from a number of competitive strengths, one of which is assets and competences at hand in all nuclear segments. Rosatom incorporates companies from all stages of the technological chain, such as uranium mining and enrichment, nuclear fuel fabrication, equipment manufacture and engineering, operation of nuclear power plants, and management of spent nuclear fuel and nuclear waste. Nowadays, Rosatom brings together about 350 enterprises and organizations with the workforce above 250 K. https://rosatom.ru/en/

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