Friday, 8th January 2016
Another major sale for Cecil Wright & Partners
As 2015 draws to a close, Cecil Wright & Partners are finishing the year on a high following the announcement today that the sale of the 73m Motor Yacht AMADEUS has concluded. She was asking EURO 50,000,000 and achieved a sale price very close to this figure.
Chris Cecil-Wright commented;
“I am delighted to have sold AMADEUS following what I hope becomes our trademark marketing style. Personal, direct, honest and factual”.
“Following two earlier sales and the signature of a 72m New Build contract at FEADSHIP, the sale of AMADEUS completes an excellent year for us and I think establishes Cecil Wright & Partners as a viable alternative to the big brokerage houses. Our charter business also continues to flourish and we are working on new CA signings for both sales and charter in early 2016. Our low-key, bespoke approach seems to be paying dividends.
Plainly the large yacht market is in reasonable health and I am very confident about the future of our business. The volume of sales are up, average prices are up and delivery dates at top shipyards are now running into at least 2021. A leading factor in this recovery is undoubtedly the strength of the US Dollar which is up 38% against the Euro since May 2014.
Most importantly, I put the success of the business down to our very experienced and enthusiastic team.
2015 has been great fun and very rewarding so I look forward to 2016 with great anticipation.