Gunboat Sold at Auction
Published on May 3rd, 2016
(May 3, 2016) – Gunboat International was sold at auction to GL Yachting USA and the sale is expected to close on Friday. Principals at Grand Large Yachting, which consists of French builders Allures Yachting, Garcia Yachting and Outremer Yachting, reserved comment prior to the closing. Gunboat filed for bankruptcy protection in November 2015, with founder Peter Johnstone stepping down earlier this year. – Trade Only, full report
Photo: Peter Johnstone after Gunboat G4 capsized at 2015 Les Voiles de St Barths. Photo by Sharon Green/Ultimate Sailing.