LVMH to Acquire Royal van Lent, Builder of Luxury Mega-Yachts

    The talks with owner Egeria, a Dutch investment firm, are based on an acquisition price worth approximately 11 times net profit. The estimated price equates to a transaction value of less than 500 million euros, a source familiar with the talks said.

    This acquisition will enable LVMH to enlarge its scope of activities and to expand its presence in products and services at the top of the luxury market.

    Royal van Lent’s yachts target an ultra-exclusive clientele and are built to the highest quality standards using specific know-how. Feadship’s attributes of creativity, craftsmanship, innovation, quality and exclusive positioning are shared by all the luxury businesses operated by LVMH.

    Founded 160 years ago, Royal van Lent enjoys a leading market position. It designs and builds custom mega-yachts under the Feadship brand, one of the most exclusive and prestigious brands in the world for motor-yachts measuring over 50 meters.

    The custom-built ultra-luxury mega-yacht sector offers strong global growth prospects. By targeting exclusively ultra-high net worth individuals, Royal van Lent offers an outstanding growth opportunity that is resistant to economic cycles. Since 2000, the worldwide order book for custom-built luxury yachts measuring over 50 meters has grown by more than 20% per annum.

    Those luxury watch sell for an average 30 million euros ($44 million) each.



One $400 million super-yacht with three Monet paintings onboard

This $400 million super-yacht was built for a Russian oligarch, Andrey Melnichenko, 37, who is worth $9.2 billion and was ranked 172 on the Forbes list of the world’s richest people.There is a large master suite as well as six luxury cabins for up to 14 guests and enough room for 42 crew members.

Designed by Philippe Stark, the 400ft long superyacht is said to have its own discotheque featuring a glass roof which is situated directly under the swimming pool.

 


 

 

Luxury Motor Yacht Princess Mariana, was built in 2003 in the Danyard Aalborg in Denmark and then refurbished in 2006 for charters. She is a 258 Oeino which has six decks. This modern and stylish yacht is full of modern innovative features, has an impressive six decks, and can accommodate 12 permanent guests on board.

One of the most impressive features on board Princess Mariana is the Beach Club. This is a dry dock for the custom built tender which can be “flooded” when the tender is outside and forms a 12 metre swimming pool with underwater lighting and steps.

It will cost you $606,500 a week ($1 per second !!) to rent this megayacht that CNNMoney has called the most desirable charter !



Most expensive yacht at the Monaco Boat Show

By international convention, a superyacht is any private vessel more than 30 metres (98ft) in length. A few years ago, there were only a handful but today, there are thousands of them and, amazingly, demand is on the up.

After a few years, the owner of a 30-metre yacht wants 40 or 50 metres of yacht and, right now, there are not enough quality shipyards in the world to cope with the demand.

Every year, buyers and sellers congregate in Monaco, and this year was busier than ever. At the Monaco Yacht Show this past weekend in Monte Carlo, there was an estimated $4.5 billion worth of yachts on display, and none of the 98 craft on exhibit were under 100 ft. !

Megayacht : Feadship’s C-Stream

Called the C-Stream, this concept out of Studio de Voogt is designed to indulge everyone in the family, from the kids to the adults, with its family-centric design.

The C-stream design is a mix of playfulness and luxury : it features spacious outdoor area, with the outside aft deck featuring a dock and a number of ‘pop-up’ pieces of furniture.

 

 

Luxury news

  • THE 2009 GLOBAL LUXURY EXPO

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    Michelle Obama Vogue Magazine Cover

    Barack Obama’s wife Michelle Obama has been seen on Vogue Magazine, Michelle Obama wore a magenta silk sheath dress by Jason Wu for Vogue cover and i think Michelle Obama looks very pretty in that dress. Below you can check Michelle Obama Vogue magazine photo by Jason Wu, don’t forget to comment about Michelle Obama’s picture on Vogue Magazine, most probably she will be reading your reviews about her picture on Vogue cover. And.. here Michelle Obama Vogue cover photo!

     

    European Ski Trip- January 23st - 31rd 2009
    Chamonix / France

    2009 13 th Annual Luxury Real Estate International Ski Trip

     

    GOLF

    The Luxury Summit 2009 will kick off with a Golf Tournament sponsored by Travel + Leisure Golf on Sunday, April 26, 2009 at 8 AM.

     

    14.06.2009
    FT BUSINESS OF LUXURY SUMMIT
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    International Music Summit 2009

    The International Music Summit (IMS) is set to return to Ibiza on May 27-29th 2009 after swiftly establishing itself as one of the most talked about music conferences of the year. Last year’s hugely successful inaugural summit brought together 300 of the most influential players at the cutting edge of the electronic music industry, marking the successful arrival of the key business and networking event in the dance music calendar.

    02.07.2009
    'Beijing 20068 Luxury Summit
    A wonderful business opportunity is set to take place this month as the Beijing 2008 Luxury Summit kicks off.This event, on October 20th and 21st, offers the opportunity for those in the luxuries business to network and create new business opportunities. The type of visitors who should attend this event includes retailers, trading companies and fashion magazine representatives.
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