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NextWave Acquires Lee Marine – LUXUO

Frankie Chau, Chairman of Nextwave Yachting, and Joshua Lee, founder and CEO of Lee Marine

Hong Kong-based Nextwave Yachting has expanded its pursuits into Southeast Asia after it acquired a “important stake” in Thailand dealership Lee Marine. Based by Joshua Lee in Phuket in 1997, Lee Marine represents Riviera, Sunreef and Belize for brand new gross sales, has brokerage and superyacht divisions, and holds the Asia-Pacific licence for Northrop & Johnson.

NextWave was based in Hong Kong in 2012 and represents manufacturers together with Sunseeker, Invictus and Sunreef, additionally working robust brokerage, constitution and water toys divisions.

Frankie Chau, co-founder and Chairman of Nextwave, mentioned: “The acquisition of Lee Marine represents greater than a enterprise enterprise – it’s a union of shared ideas and a convergence of visions. Collectively, we embrace the momentum of development on this vibrant area, uniting our respective expertise with the dynamism of an increasing enterprise.”

Joshua Lee, CEO of Lee Marine, added: “We’re excited to announce this partnership to the market and count on our mixed expertise and sources to ship important lengthy–time period advantages to our producers and shopper base.”

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