Grand Banks set to buy Palm Beach Motor Yachts

Grand Banks Yachts Ltd. is buying Australian boatbuilder Palm Beach Motor Yacht Co. for $10 million Australian, which is $9.4 million in U.S dollars. Palm Beach founder and yachtsman Mark Richards will be appointed CEO of the enlarged group and Peter Poli will relinquish his role as acting CEO, but continue as chief financial officerContinueContinue reading “Grand Banks set to buy Palm Beach Motor Yachts”