Founded in 2012 by the merger of two superyacht painting brands, Pinmar and Rolling Stock, GYG plc (formerly Global Yachting Group) now also includes the ACA Marine, Pinmar Supply and Technocraft brands. It also has the accolade of being one of the few publicly listed supply companies within the superyacht industry, following its Initial Public Offering (IPO) on the London Stock Exchange’s AIM market in July 2017. Specialising in superyacht painting, supply and maintenance, since undertaking this next step in its growth, it has been something of a roller-coaster ride for the company and market as a whole, with the company experiencing a particularly difficult year in 2018.
Speaking to CEO Remy Millott following two recent profit growth announcements, it’s clear that the company has moved beyond these initial teething problems and the outlook for the Group is looking decidedly sunnier going forward. Sitting down with Millott, we find out why a company like GYG would decide to put all their cards on the table and open themselves up to public scrutiny through an IPO and discover his vision for the future of the Group.
GYG is a market leading superyacht painting, supply and maintenance company, offering services throughout the Mediterranean, Northern Europe & the USA. The group primarily trades under the Pinmar, Rolling Stock, Technocraft and ACA Marine brands.