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Old 05-21-2009, 02:03 PM   #1
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Join Date: Aug 2006
Location: Manahawkin, NJ
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Boat: CONTENDER 36 CUDDY 23 OPEN 36 FISHAROUND 37T
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Mustang offers to buy Riviera

Mustang offers to buy Riviera
May, 21 2009, 08:40 AM

Australian boatbuilder Mustang Marine has offered to buy fellow Aussie manufacturer Riviera, which is in voluntary receivership, according to a report in Gold Coast Publications.


The receivers and managers are looking to preserve the long-term viability of the company, restructure the business and sell it as a going concern, Riviera said in a recent statement.

Riviera, Australia's largest luxury-boat builder, manufactures open and closed flybridge yachts, offshore express models and sportyachts from 33 to 70 feet.
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