Groupe Beneteau announced it agreed to sell CNB Yacht Builders to Solaris Yachts, citing the move as part of its “Let’s Go Beyond” strategic realignment announced last year.

The company said in a statement that CNB brand manager Vincent Arnaud will stay on board to oversee builds in progress at the Monfalcone, Italy, facility and the integration of production with Solaris, with new builds after 2022 slated to move to the Solaris yard.

Gianguido Girotti, Groupe Beneteau deputy CEO of product strategy, hinted at CNB’s strong brand recognition in an interview with Soundings Trade Only, stating at the time, “We are looking for solid partners to continue to develop them and secure their future, simply outside the group.”

Groupe Beneteau said the sale allows CNB to benefit from Solaris’ 45-plus years of catering to the semicustom, performance sailing yacht segment. The statement said that CNB’s facilities are “calibrated for producing small series with high levels of customization.”