News Update. 7 February 2018.
Neil Gostelow and Mark Orton from KPMG have been appointed joint administrators to Oyster Marine Holdings Limited, the holding company for the Oyster Yacht group of luxury yacht builders.
Having failed to secure sufficient funding to be able to continue trading, Oyster Yachts is currently carefully considering a number of options. No other companies within the group will form part of this administration.
Oyster Marine Holdings will retain the intellectual property to all the technical drawings and moulds used in the production of the yacht in the Oyster range.
“Late last week, the company directors confirmed that they had been unable to secure the financial support they needed to continue to tr…
Read the full article at: http://www.superyachtnews.com/business/oyster-yachts-
