UK - Balmoral has acquired yacht building company Oyster Marine

Balmoral Capital has acquired yacht building company Oyster Marine, one of the UKт€™s leading yacht builders. The value of the business, which had sales of more than ТЃ50m in its last financial year, is undisclosed. CIT Capital Finance (UK) Ltd has underwritten a senior and mezzanine debt package to support the deal. Balmoral's portfolio includes Canados, an Italian luxury powerboat manufacturer.