Australian boat manufacturer Yamba Welding & Engineering (YWE) are delighted to confirm the finalisation of their acquisition of leading maritime design company Naiad Design. A New Zealand company, Naiad Design is globally renowned for its range of tough, dependable, high performance rigid hulled inflatable boats (RHIBs) which are built under licence around the world for recreational, commercial and law enforcement customers. The acquisition was completed on March 31st 2020.
YWE and Naiad Design confirmed that collaborations with their International and Domestic licenced builders will remain unchanged and that the Naiad support team will remain located in Picton, New Zealand.
YWE and Naiad Design have enjoyed a constructive, collaborative and highly successful business partnership since 2011 and are very much looking forward to continuing to expand their global footprints, deepen relationships with their global network of licensees, and further explore innovative synergies between the businesses. In Australia, the new partnership will be officially known as Naiad International Pty Ltd, and in New Zealand it will be known as Naiad New Zealand Limited.
YWE was established in 1974, by Bill Collingburn in the Northern NSW coastal town of Yamba. YWE’s unwavering dedication to their loyal customers and uncompromising commitment to quality has seen the business grow from strength to strength. YWE is proud to have cemented its roots in the local beachside community, with the employment of over 36 staff and an extensive network of local supply chain partners.
For further information contact:
Yamba Welding & Engineering Pty Ltd
Phone +61 (447) 459-121