The German Bavaria Yachts group has been taken over by Michael Müller . He will be responsible for the entire group, including Bavaria's «owned» shipyard Nautitech Catamarans, located in France.
Six months after the September acquisition by CPM Capital Management fund «Bavaria» lived without an executive director. And now that post has finally been filled.
Recall that CPM saved Germany's largest yacht manufacturer from bankruptcy.
The 62-year-old executive with a degree in engineering, Michael Muller has spent his entire life working for various companies in which CPM Capital Management has invested. Three months ago, Muller was named managing director of sales and marketing, and he fit in so well with the shipyard team that he was offered the CEO position.
«Within a few weeks of Michael Mueller's work, we made sure he was effective and found that he was well received by both workers and dealers»," said Ralph Kudla, who represents CPM Capital Management on the Bavarian Board of Directors «» .
«I will use my experience gained from working on other leading brands to strengthen Bavaria Yachts' position as a builder of quality modern sailing and motor yachts. At the moment our entire team is concentrating on preparing the delivery season. We will deliver the boats in time and in good quality so that the vessels we have orders for will be launched in the spring. In addition, we are constantly improving our production lines in Giebelstadt»," said Michael Muller himself.
Today the Bavaria Yachts Group employs 800 people. 550 of them work in Giebelstadt, the rest in Rochefort, where Nautitech catamaran production is located.
