British yacht manufacturer Sunseeker is reportedly in the process of being acquired by private investment vehicle KCP, according to a report by Sky News. The transaction is expected to usher in a new ownership structure and a refreshed leadership team for one of the UK’s most recognisable luxury boat brands.
Sunseeker is said to be changing hands from Lionheart Capital and Orienta Capital Partners, which acquired the shipyard just over a year ago from Chinese conglomerate Wanda Group.
New Leadership Expected
Sources cited in the report indicate that KCP intends to appoint Antony Sheriff, former president of Princess Yachts, as chairman of Sunseeker. Meanwhile, Andres Rubio, previously head of European credit management firm Intrum, is expected to take on the role of chief executive.
If confirmed, the appointments would signal a strategic shift aimed at strengthening governance, operational performance and long-term positioning within the global luxury yacht market.
Awaiting Government Approval
The proposed acquisition is understood to be subject to approval under the UK’s National Security and Investment Act. The review is reportedly linked to Sunseeker’s ownership and operational control of key marina sites, which may fall within the scope of strategic infrastructure considerations.
Reinvestment and Repositioning
According to Sky News sources, KCP’s strategy includes injecting significant capital to reinforce Sunseeker’s position as a leading British yacht manufacturer. The move follows a period of transition for the company.
Three months ago, long-standing CEO Andrea Frabetti stepped down from his role as chief executive and board director, with Scott Millar appointed as interim CEO. Prior to that leadership change, Sunseeker secured fresh capital backing from its lenders, Cheyne Capital and Cross Ocean Partners, firms that collectively oversee more than $20 billion in assets.
A Pivotal Moment for a British Icon
Founded in 1969, Sunseeker remains one of the most internationally recognised names in British yacht building. Should the KCP acquisition proceed, the brand appears poised to enter a new phase focused on financial stability, operational restructuring and renewed competitiveness in the global motor yacht market.
Further confirmation and official statements are expected once regulatory approvals are secured.
