Oyster Yachts bailed out of administration

2020-11-06T11:26:07+00:00March 20th, 2018|News|

The gaming software entrepreneur Richard Hadida (above) has bailed Oyster Yachts out of administration in a rescue hoped to re-employ many of the company’s 420 staff. The Southampton-based luxury yachtbuilders ceased operations last month despite having record sales in its order books. The company's collapse was cited as being due to a £5.2m insurance claim [...]