MarineMax, the recreational boat, yacht and superyacht services company from the US, nearly announced that Fraser Yachts, its wholly owned subsidiary, has executed a definitive agreement to acquire a controlling interest of Atalanta Golden Yachts, a leading charter management agency based in Athens, Greece.
John Dragnis, principal shareholder of Atalanta Golden Yachts, maintains a significant stake and will remain involved in the growth and development of Fraser’s operations in Greece. The acquisition is expected to close in the quarter ending December 31, 2023, and be accretive in its first full year of operations.
Atalanta Golden Yachts is one of Greece’s leading yacht charter management companies. Since 2006, the company has successfully managed luxury charters for clients in Greece and many other destinations around the world, including France, Italy, Croatia, Turkey, the Red Sea, and the Caribbean.
“The addition of Atalanta Golden Yachts complements our leading superyacht brokerage and luxury yacht offerings and is a testament to our continued expansion into higher-margin businesses with global reach,” says MarineMax CEO and president, Brett McGill.
“Atalanta Golden Yachts’ long-standing relationships and network of clients, combined with Fraser Yachts’ full-service yachting offerings, strengthens our commitment to providing unparalleled luxury yachting experiences to a growing number of customers worldwide. We are thrilled that the Atalanta Golden Yachts team will be joining our Fraser team in Greece and look forward to further solidifying our position in this attractive and growing market.”