The acquisition of IAG Yachts began in late March when Sunbird state its plan to acquire a 75% stake in the yard. The purchase was reportedly worth up to $14.48 million at the time, now approximately $14.09 million.
Established in 2003, Sunbird has two shipyards in China, one in Yuanjiang City and the other in Zhuhai where it builds steel and fiberglass megayachts. The company has five design and sales office across China and abroad. Although it has sold megayachts to a number of international clients, Sunbird has not sold any to American clients. King Baby, IAG’s latest delivery, is currently owned by an American and will premier in November at the Fort Lauderdale International Boat Show.
4Yacht is a Professional Yacht Broker Located In Fort Lauderdale Florida and specializes in Yachts, Mega Yachts, And Super Yachts. Visit our website today to discover YOUR next yacht http://www.4yacht.com