Princess Yachts Limited is a British motor yacht manufacturer based in Plymouth, Devon, England.
Profile
Established in Plymouth in 1965 as Marine Projects (Plymouth) Ltd, Princess Yachts was bought in 1981 by South African businessman Graham J. Beck. Marine Projects became Princess Yachts International PLC in 2001. In June 2008, Beck sold a 75% stake in the business to French businessman Bernard Arnault's investment group, L Capital 2 FCPR, an investment group co-sponsored by LVMH (Moët Hennessy Louis Vuitton) and Groupe Arnault.[4] In January 2016, L Capital merged with Catterton to become L Catterton.[5][6] In February 2023 Princess Yachts was sold to KPS Capital Partners an American Investment company.[7]