Industry News
* UK boatbuilder Oyster Marine has been sold to Balmoral Capital, a UK-based private equity fund, for an undisclosed sum. The transaction also includes Oyster’s US sales and service centre in Newport, Rhode Island, as well as the associated businesses of Oyster Brokerage and Southampton Yacht Services in the UK.

According to a statement released today, Oyster chairman and CEO Richard Matthews will retain his role in the company.

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