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21 October 2021 The on-line newspaper devoted to the world of transports 03:03 GMT+2

October 1, 2021

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EXEL Industries French acquires three shipyards

They were sold by the Experton-Revollier group

EXEL Industries, a specialized French industrial company in the production of means for spraying in agriculture, industrial and public, announced a remarkable diversification of its activities entering the sector of shipbuilding with the acquisition of the three French shipyards Wauquiez, Rhea Marine and Tofinou as well as compatriot Ettore-Yachting is mainly active in the supply of sails and rigging that has been sold by the Experton-Revollier group.

EXEL Industries has specified that the acquired brands, which give work to about one hundred people, generate an annual turnover of about EUR 15 million.

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