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1.9

Lengers Yachts restarts under CEO's wife after July bankruptcy

Lengers Yachts, a Dutch pleasure boat dealer that filed for bankruptcy in July after relying on leveraged buy-resale model, is restarting under the CEO's wife. The new entity's structure and funding are unclear, but the move suggests an attempt to preserve the business and brand.

FDabout 2 hours agoNLCredibility 27%View source

Score Breakdown

Mosaic Score1.9
Model confidence0.3
Significance0.1
Source credibility0.3

Intelligence Tags

#bankruptcy#restructuring#yachts#netherlands#corporate

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