Investor Interest Drettmann
With the global financial crisis, sales simultaneously bottomed out in both of Drettmann‘s business fields, which resulted in insolvency proceedings introduced at the end of May. Now the German company, based in Bremen, reports to steer into calmer waters. With investors showing interest, they expect the location in Bremen-Hemelingen to be maintained. Photo courtesy of Drettmann.
The company reports that despite the insolvency proceedings, prominent clients are sending out a positive signal: DTM and Formula 1 race car driver Ralf Schumacher has bought another yacht from Drettmann. A Bandido 75′ from the Bremen series is now at berth in St. Tropez. “The yacht was sold – hand on heart – at the usual market price, despite our friendly relationship”, says Albert Drettmann.
The company also announces that the number of sold pre-owned yachts rised continuously in the last weeks. New yacht orders however cannot be listed at the moment: “Each of our yachts is unique and based on the individual preferences and wishes of the future owner”, says Claudia Drettmann. The time period between order and delivery of a new-built yacht is one to three years depending on the length. In the current situation new orders are therefore not realisable.
The continuation of new yacht builds ‘made in Bremen-Hemelingen’ is the focal point and interest of investors and group of investors: “We are currently holding different conversations and we are holding them in German”, transcribes Edgar Grönda. The ultra-modern headquarter of the Drettmann GmbH (which was openend in Bremen-Hemelingen in 2006) shall be maintained in the future – if the agreement with investors is reached. Not fixing a definite date for a final agreement with an investor, Edgar Grönda comments: “At the moment we are determining how to continue even the business of Drettmann GmbH without an investor. Therefore we are in contact with the financing banks of Drettmann GmbH”.