Our History

The Global Yachting Group was originally created in 2012 through the merger of the two leading superyacht painting brands Pinmar and Rolling Stock. This expansion of the Group results in it being the only superyacht painting company with global operations. In March 2017, the Group also acquired a majority stake in ACA Marine as part of its strategic growth plans in the European superyacht finishing market. The Company was renamed GYG plc in July 2017 when it became a public company through an Initial Public Offering on the London Stock Exchange’s AIM market.

2018

  • GYG opens new hub in La Ciotat, France with Pinmar, Pinmar Supply and Technocraft supplying refit and supply services directly to shipyards and superyachts
  • Pinmar marketing campaign focused on growing market share of the Northern European New Build sector
  • Pinmar Supply expands its superyacht business with the addition of new retail partners

2017

  • Agreement signed with Savannah Yacht Center, Georgia USA to facilitate growth in USA & Caribbean markets
  • Acquisition of ACA Marine
  • Initial Public Offering on the London Stock Exchange’s AIM market

2016

  • GYG management buyout with support from Lonsdale Capital Partners to expand the Group

2015

  • Increasing internationalisation of relevant refit services in the UK, Germany, France and Italy
  • Incorporation of HCOS Ltd
  • Finalising the largest sailing yacht in Kiel, Germany

2014

  • Consolidation of GYG into the New Build market
  • Creation of GYG Germany and GYG Central Services
  • Complete restructuring of the Group’s companies

2012

  • Creation of the Global Yachting Group through the merger of Pinmar and Rolling Stock companies

2010

  • Completion of the world’s largest superyacht

2009

  • Expansion to the USA (Florida) through the acquisition of Classic Yacht Refinishing Inc.
  • Management buy out of Ferretti shareholding in December 2011

2006

  • Expansion to the UK and Pendennis Shipyard
  • Rolling Stock ISO 14001 & ISO 9001 certification

2005

  • Purchase of the Techno Craft, S.L. and Andamios de Baleares, S.L. businesses (expansion into scaffolding & covering company)
  • Expansion into Germany and superyacht New Build market
  • Pinmar ISO 9001 & 14001 certification

2003

  • Management buyout supported by Ferretti and Permira, Italy

1992

  • Pinmar became Awlgrip’s distributor for Spain
  • Expansion to Marina Barcelona, Spain

1989

  • Rolling Stock was founded in Palma de Mallorca, Spain

1982

  • Pinmar Supply & Wholesale division was created

1975

  • Pinmar was founded in Palma de Mallorca, Spain