Future bright for iconic boat builder

Iconic Australian luxury pleasurecraft builder, Riviera says it has achieved 12 sales in the past month immediately following the purchase of the company on March 8 by Longhurst Marine Holdings.

Riviera CEO and veteran of 26 years with the company, Wes Moxey, said the strong sales result was a sign of confidence in Riviera.

“Since the sale of the company, Riviera is moving through a restructure and recapitalisation process to prepare for future growth, and so far we have been extremely pleased with these very definitive results,” Moxey said.

Moxey suggests Riviera is leaving the GFC in its wake with renewed vigour, a clear direction and this immediate recent sales success totalling $21 million augers well for the return of Australia’s favourite boating brand.

The sales include six 53 Enclosed Flybridges, three 5000 Sport Yachts, one 63 Enclosed Flybridge, one 43 Open Flybridge and one 5800 Sport Yacht bound for destinations around Australia and the globe including America, Puerto Rico, New Zealand, Sydney and Perth.

Riviera’s Director of Brand and Sales, Stephen Milne said Riviera was firmly focused on the future and dedicated to creating a boat company of unrivalled passion and spirit.

“Riviera, free of receivership, free of ownership rumour and speculation, fully recapitalised, restructured and independent, is now ready to embark on the next chapter of Riviera’s rich history.

“The timing couldn’t be better for the upcoming Riviera Festival and Boat Show and we look forward to the world release of our new flagship, the 75 Enclosed Flybridge, and the announcement of our new under 50’ flybridge model, which will really excite Riviera enthusiasts.”

The Riviera Festival, which is exclusively for Riviera owners, and the Riviera Boat Show, which is open to the general public with free admission, will be held from May 24 to 27 at Riviera’s state-of-the-art Coomera facility, 50 Waterway Drive, Coomera. Riviera owners wishing to register and book for the exclusive owner events can do so by entering their hull number online at www.riviera.com.au/festival.

For more information, go to: www.riviera.com.au.

Riviera's new owner Rodney Longhurst and CEO Wes Moxey on the bow of one of the company's latest models

Riviera's production lines are full as sales numbers continue to grow

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