Fraser Yachts has agreed to acquire a controlling interest in Atalanta Golden Yachts, a charter management agency based in Athens, Greece. Atalanta principal shareholder John Dragnis maintains a significant stake and will remain involved in Fraser’s Greece operation.
The transaction is expected to close in the quarter ending Dec. 31.
“The addition of Atalanta Golden Yachts complements our leading superyacht brokerage and luxury yacht offerings, and is a testament to our continued expansion into higher-margin businesses with global reach,” MarineMax CEO and president Brett McGill said in a statement.
“Atalanta Golden Yachts’ long-standing relationships and network of clients, combined with Fraser Yachts’ full-service yachting offerings, strengthens our commitment to providing unparalleled luxury yachting experiences to a growing number of customers worldwide,” McGill added.
Since 2006, Atalanta Golden Yachts has managed charters for clients in Greece, France, Italy, Croatia, Turkey, the Red Sea and the Caribbean.
