UK builder Oyster Yachts is considering its options after failing to secure sufficient funding to continue trading
Late on February 7, Oyster Marine Holdings, the holding company of the UK’s Oyster Yachts brand, entered into administration working with KPMG Restructuring. This process is now underway with the objective to find a buyer as quickly as possible.
In a statement yesterday, KPMG said: Neil Gostelow and Mark Orton from KPMG Restructuring have been appointed joint administrators to Oyster Marine Holdings Limited, the holding company for the Oyster Yacht group of luxury boat builders.
Headquartered in Southampt…
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