A Louisiana-based ownership group has purchased Westport Shipyard, Inc., renaming it Westport LLC, a division of Edison Chouest, LLC. The deal, signed on June 6, 2014, indicates that business as usual will continue at the manufacturer’s shipyards in Port Angele, Wesport and Hoquiam.
Westport’s new owners have major holdings in the oil and gas marine transportation industries, including Edison Chouest Offshore along with the Florida-based American Custom Yachts. Gary Chouest, principal owner, has previously been a Westport Yachts customer.
In a statement announcing the sale, Chouest indicated that he is pleased to join the Wesport family and looks forward to pursing synergies existing between the companies he owns and Westport. The new ownership intends to continue to employ skilled local workers and remain as an active participant in the communities served by Westport.
Additionally, Westport executives noted that Gary Choust has always been passionate about the yachting industry and were honored that he was now a majority owner. Daryl Wakefield, Westport’s president, was expected to remain in his current role along with General Dave Hagiwara and the remainder of the company’s management team. Wakefield indicated that Westport is excited about working with the Chouest family, while also acknowledging the contributions that the previous majority shareholder, John Orin Edson, had produced since 1997.