Established in Plymouth in 1965 as Marine Projects (Plymouth) Ltd, Princess Yachts was bought in 1981 by Sout 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, a division of LVMH, for 200 million euros/pounds. The LVMH group includes over 60 international luxury brands, including: Louis Vuitton, Christian Dior, Fendi, De Beers, Moët & Chandon, Veuve Clicquot and Krug. The United States Princess Yachts was known as Viking Sports Cruisers prior to the LVMH purchase. All of the US clients were given the option to rebadge their boats Princess. Viking Sports Cruiser is still the North American represenative which is owned by Viking Yachts know for the Sportfish models from 37'-92' and recently added Motor Yachts from 75'-100'.
Princess Yachts operates in 119 countries and employs over 2,600 people worldwide, whilst their shipyards cover a combined area of over 1.1 million square feet. The below covers their various size offerings and different class yachts.
The Princess Yachts range is sub-divided into the following class types: M Class, Y Class, F Class, V Class and S Class.
- M Class: Super Yachts ranging from 99 to 131 feet.
- Y Class: Motor Yachts ranging from 80 to 88 feet.
- F Class: Flybridge Yachts ranging from 47 to 69 feet.
- V Class: Sports Yachts ranging from 42 to 66 feet.
- S Class: Sportbridge Yachts ranging from 62 to 80 feet.
- R Class: fully carbon fiber yacht that’s 35 feet in length, Debut September 2018.
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