PYP Acquires Hydrasud Activities in La Ciotat

Posted by Eric Haun
Wednesday, June 17, 2015

Performance Yacht Painting (PYP), a specialist in superyacht and megayacht paintwork, announced that it has completed the acquisition of Hydrasud activities at la Ciotat in the South of France. Founded over 10 years ago within the La Ciotat shipyards, Hydrasud was one of the first subcontractors to establish its business in the area following the reconversion of the Normed shipyard.

The new site features a sand blasting shed as well as an atmospherically controlled paint shed with temperature and humidity regulation.

This acquisition complements PYP’s preexisting business on the la Ciotat site where the company has already undertaken a large number of paint refits on yachts such as MY Oxygène (42m), MY Raasta (47m), MY Rising Sun (138m), MY Sky (50m), Addiction (52m), Mary Jean II (62m), and more.

For Gilles Delpy, managing director of PYP, “Our deployment into Europe’s largest refit and maintenance yard is evidence of our ambition and our determination to accompany our clients when and where they need us most and to fully undertake our mission of providing the exceptional quality of finishes that our clients demand.”

Categories: People & Company News Shipbuilding Ship Repair & Conversion Coatings & Corrosion Megayachts Yachts Mergers & Acquisitions

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