UAE-based Gulf Craft expands footprint in Europe
Ahead of Cannes Yachting Festival, the boat and yacht maker has entered markets in Germany, Spain, the Netherlands and Portugal, among others
Boat and yacht maker Gulf Craft is expanding across Europe with eight new distribution partners across 12 countries, following a 42 percent increase in orders in the first half of 2021 ahead of the Cannes Yachting Festival.
In addition to growing its global footprint in the US, Australia and the Middle East, UAE-based Gulf Craft has entered markets in Germany, Spain, the Netherlands and Portugal, among others.
“This year has been exceptionally robust for us with a strong order book and the delivery of our Majesty 175 and other superyachts. These have further established our strengths in manufacturing boats and yachts from composites – a method that is now gaining popularity in Europe, traditionally a steel boat market. We are now leading the global boating conversation around composite-built superyachts with strong demand from Europe and other global markets. To meet this, we have expanded our footprint in Europe,” said Gulf Craft CEO Talal Nasralla.
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