The future of Bavaria, once by far the largest German boatyard and number two in the world, is still uncertain. The bidding deadline for the ailing company expired last Friday. However, there have been no official statements to date.
According to the latest YACHT information, there have apparently been several bids, which are currently being examined and negotiated. If an agreement can be reached, not only the brand but also many jobs could be saved. Otherwise, there is a threat of the halls, stocks and machinery being sold off.
Over the past few weeks, the 600 permanent employees have done everything they can to maintain the continuity of boatbuilding and fulfil existing orders. The suppliers have also stayed on board to support the shipyard during this critical phase. This has given Bavaria some breathing space.
The three-month insolvency benefit from the Federal Labour Office expired on 30 June. However, there are currently still sufficient liquid funds available to pay wages and salaries, as the shipyard has achieved significant turnover through the delivery of dozens of yachts, including several of the new C45 type.
The shipyard traditionally has a company holiday in August. An investor would therefore have to step in by the end of July in order to ensure as seamless a transition as possible. This is still the plan of insolvency administrator Tobias Brinkmann and the management - also because the autumn trade fairs are coming up and new orders will only be placed if there are secure prospects for Bavaria.
We were able to test one of the delivered boats of the new C-Series, the C45, off Oslo last week. You can get first impressions here in our photo gallery. The detailed test will follow shortly in YACHT.

Chief Editor Digital