The Varsinais-Suomi District Court declared Nauticat Yachts OY in Riihikoski insolvent on 16 May, i.e. two days ago. The shipyard has now issued an initial statement to customers and dealers. An insolvency administrator has been appointed by the court to temporarily manage the business. It is not yet clear what will happen to Nauticat. The managing directors from the founding Gustafsson family could not be reached for comment by telephone.
In Germany, the Nauticat brand is represented by Gründl Bootsimport GmbH in Bönningstedt near Hamburg. Managing Director Richard Gründl told YACHT online that, as far as he knows, production is currently continuing in Riihikoski. Initially, all Nauticat yachts still under construction are to be completed and delivered to customers as a matter of priority. Gründl himself has already delivered all the yachts sold through him. Customers in Germany are therefore not directly affected by the insolvency.
Nauticat has been building robust and traditional motorsailers and sturdy yachts with pilothouses since the early 1950s. The shipyard's range currently comprises a total of ten types between 10 and 16 metres in hull length.
