Icon Yachts has announced the completion of a deal with a new owner which it hopes will substantially strengthen the future of the company.

The new backing will secure the yard’s current projects and allow Icon to remain an independent company. The company has said it will use this financial security to move forward embarking upon an “exciting new growth phase.” The new investor has a proven track record of success nurturing industrial and financial groups combined with a long held passion for superyachts. As yet, the shipyard has not revealed anymore details as to the identity of the investor.

CEO Jen Wartena comments, “This deal sees the marriage of new long term committed investment with our proven capabilities at Icon Yachts. It’s the strengthening of our financial backbone that we have been seeking since we embarked on our ambitious journey to create this forward-thinking shipyard. We are building increasingly larger and more technically challenging yachts up to 145 meters and of the finest Dutch quality.”

The yard is currently busy with major refit work on 48m Princess Too and its current portfolio includes a 95m explorer concept from the Austrian design studio Motion Code Blue.  Icon Yachts builds custom and custom-series yachts from 50 to 150 meters but at this present time has no orders for new builds.